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Rare Earth integration rules to be determined progress
Since May 2011, it has been more than a year since the Baotou Steel Rare Earth led the integration of rare earths in the north. In the past year, there have been many times when the integration is going smoothly, and the integration is blocked. The news of the caliber, then to what extent is the work of the integration of rare earths in the north? Has the rumor said that the integration has gone smoothly or has encountered resistance? In this regard, the reporter contacted Baotou Steel Rare Earth yesterday. Was shut down businesses as well as the specific amount of compensation to slow down the integration of 17 April 2012, Baotou Steel Rare Earth Capital Operations Department Minister Chen Xiukun had told other media interview, Baotou Steel Rare Earth to the company as the main northern rare earth companies integrated into income Official stage. The enterprise integration work that has been going on for almost a year is expected to be completed as soon as possible within the year. Yesterday, the reporter contacted Chen Xiukun, the head of the company's capital operation department. He told reporters that as he said on April 17, integration is underway. "The progress of the current integration is still inconvenient to disclose. Since the company is a listed company, the progress of the integration project will be announced in the form of an announcement." Chen Xiukun also said that since this incident involves the integration of rare earths throughout the northern region, There will definitely be resistance, and this resistance comes from many aspects, but the details have not been shown to reporters. Back in May last year, the Inner Mongolia Autonomous Region Government issued the “Integrated Elimination Work Plan for Rare Earth Upstream Enterprises in Inner Mongolia Autonomous Region†and requested that the integration be completed by the end of June 2011. The enterprises involved at that time included 35 companies that were included in the integration phase-out, 13 were included in the scope of the restructuring of Baotou Steel's rare earths, 18 were closed for compensation, and 4 were eliminated. Due to the wide range of issues, this program was strongly resisted by the shut down enterprises after the announcement, which slowed down the integration progress. The reporter learned from the relevant people who understand the situation of rare earths in the north that the controversy over the integration comes from two aspects. On the one hand, the integration plan does not take into account the situation of specific enterprises, and the one-size-fits-all forced closure has brought many problems such as staff placement; On the one hand, it is difficult to make up for the loss of the company due to the low compensation costs. Subsequently, the Inner Mongolia Autonomous Region government again issued a document on September 27, 2011, perfecting the refinement plan, and vigorously implementing it, requiring tailor-made solutions for each enterprise, but the integration and elimination work is still difficult to implement. After several twists and turns, with the increase of government compensation standards, Baotou Steel Rare Earth will be scheduled to be reorganized and reorganized into four enterprises, expanded to 13 companies, and progress has been made in the integration and elimination work. Although disclose the specific amount of compensation implementation remains to be seen, according to reporters yesterday, learned from the official website of the Ministry of Land, news from the Inner Mongolia Autonomous Region People's Government website points out, is steadily rare franchise, the autonomous region has been the closure of the 22 rare earth enterprises upstream compensation The 13 companies that have been included in the scope of the restructuring of Baotou Steel's rare earth reorganization will start restructuring as soon as possible. In addition, the news also pointed out that in May 2011, the autonomous regional government issued the "Inner Mongolia Rare Earth Upstream Enterprise Integration and Elimination Work Plan", and included 35 rare earth raw material processing enterprises in the region respectively included in the scope of restructuring cooperation, compensation closure, phase-out and shutdown. Through the integration and elimination of the upstream enterprises of rare earths, the franchise system for rare earth smelting and separation, which is unified mining, unified mineral processing, unified smelting, unified management and management, is finally formed. According to the latest news, Baotou Steel Rare Earth has paid more than 56 million yuan to compensate for the closure of 18 enterprises; for the 4 enterprises that have been shut down and shut down, the relevant departments of the autonomous regional government have taken measures to demolish the enterprise buildings and main production facilities, and cut off water and electricity. And stop the industrial and commercial registration annual inspection and other actions; for the 13 enterprises included in the scope of Baotou Steel's rare earth restructuring cooperation, Baotou Steel Rare Earth will start restructuring as soon as possible. This move will continue to increase the concentration of northern light rare earth industry led by Baotou Steel Rare Earth . Although Baotou Steel Rare Earth has paid 56 million yuan to compensate for the closure of 18 enterprises, some insiders said that although the compensation amount has been announced, the details of the 22 rare earth enterprises that have been compensated are not It is not known that the specific compensation amount has been announced. If the company still raises objections, the progress of the integration may be slowed down again. "From the perspective of integration , Baotou Steel Rare Earth may not be active. The reason is that the integration progress is in the hands of the company. This integration has long-term benefits for Baotou Steel Rare Earth but has no short-term benefits." The above-mentioned insiders pointed out that "from a long-term perspective See, after integration , Baotou Steel Rare Earth can control the production and smelting of rare earths in the whole north, thereby controlling supply and demand, and in the future will master the initiative of rare earth pricing.†Some analysts also believe that the promotion of rare earths in the north is also the integration of rare earths in the south. A positive, the government can focus on the integration of rare earths in the South and accelerate the integration of rare earths in the South. Northern Rare Earth integration is complete interim progress domestic rare earth integration process, prompting the industry concentration of a substantial increase in China's rare earth industry, the domestic rare earth export pattern has gradually changed in this process, which will improve the discourse in price negotiations right.