The signing ceremony of the comprehensive strategic cooperation agreement between Guangdong Rare Earth Industry Group and China Steel Research Technology Group Co., Ltd. was held in Guangzhou recently. The two sides will form a state-level rare earth group, give full play to the advantages of rare earth local enterprises and central enterprises, and carry out all-round cooperation in the mining of rare earth resources, smelting and separation, deep processing and capital operation. The establishment of the national-level rare earth group in Guangdong Province not only means the official opening of the resource integration, structural optimization and transformation and upgrading of the rare earth industry in Guangdong, but also an important measure for Guangdong to take the lead in the new map of China's rare earth industry. With the aim of establishing a national-level rare earth group, the two parties will promote the effective protection and rational use of rare earth resources, give full play to the advantages of rare earth local enterprises and central enterprises, and carry out all-round development of rare earth resources, smelting and separation, deep processing and capital operation. Cooperation, focus on strengthening the rare earth deep processing applications such as NdFeB magnetic materials, polishing powders, hydrogen storage materials, luminescent materials, etc., and effectively promote the intensive, refined and high-end development of China's rare earth industry, so that China's rare earth resources can be realized. Maximize value. According to reports, rare earth is an important strategic resource that is widely used but not renewable. In particular, China's southern ion-type rare earth is a scarce resource in the world. Guangdong is the province with the most complete range of rare earth resources in China, and it is dominated by rare rare earths in the world. From the perspective of the strength of production and smelting separation of rare earth mineral products in the middle of the industry chain, the annual mining capacity of rare earths in Guangdong Province is close to 3,000 tons, which has become an important source of supply for national ion-type rare earth mineral products. From the deep processing application of rare earth products in the downstream of the industrial chain, Guangdong is the largest province in China for the application of rare earth functional materials. In 2011, the output value of the rare earth industry in Guangdong was 50 billion yuan, driving the output value of the downstream application industry to exceed 1.5 trillion yuan. Guangdong has the potential to further develop into a rare earth R&D and production base and application center with significant impact on the world. Sinosteel Research Group is a large-scale science and technology central enterprise. Its research fields include rare earth permanent magnet materials, rare earth hydrogen storage materials, rare earth magnetostrictive materials, rare earth steels, rare earth ferrites, etc., and rare earth permanent magnets and rare earth hydrogen storage. Materials have formed a strong competitive edge.
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