It was learned from China Aluminum Corporation that Chinalco Rare Earth (Jiangsu) Co., Ltd. was officially opened on the 7th, and its rare earth separation capacity will exceed 30,000 tons.
According to Xiong Weiping, general manager of Chinalco, Chinalco, with the support of Jiangsu Province, actively carried out mergers, reorganizations, and structural adjustments of the rare earth industry, and shared common ground with five rare earth segregators and a trading company in Jiangsu Province that received directive production planning targets. Sino Aluminum Rare Earth (Jiangsu) Co., Ltd. was established. After the integration, the rare earth separation capacity of the company will exceed 30,000 tons.
Xiong Weiping said that Chinalco has its own advantages in the development of rare earth industries. Chinalco has a national engineering research center for the rare earth industry, and attaches great importance to the original technological innovation of the downstream industry. Chinalco Rare Earth (Jiangsu) Co., Ltd. will devote to R & D of rare earth ore decomposition and purification, vigorously cultivate rare earth strategic emerging industries, and strive to extend the deep processing industry chain in line with the development of Jiangsu rare earth industry, and promote the Jiangsu rare earth industry to do fine and excellent.
Luo Zhijun, secretary of Jiangsu Provincial Party Committee, said that in recent years, the rare earth separation and smelting industry in Jiangsu Province has developed better. The joint reorganization will promote the integration of rare earth separation and smelting industries in Jiangsu Province and create new competitive advantages. It is hoped that the two sides will use this cooperation as an opportunity to further form a good cooperation mechanism and strengthen cooperation in a broader field so as to achieve mutual benefits and win-win results.
Chinalco is a leading company in the domestic non-ferrous metals industry. In recent years, Chinalco has established cooperation with Guangxi, Jiangxi, Guangdong, Fujian and other regions from the goal of building a complete rare earth industrial chain. It has given full play to the resource advantages of local provinces and the advantages of Chinalco's large state-owned enterprises and signed a number of strategies. The cooperation agreement will secure basic resources according to law and increase the industrial concentration of ionic rare earths in the south.
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