CHINALCO rare earth plate to become the backbone

Rare rare earth plate as one of the three plates of aluminum, is in its transformation and upgrading of play more and more important role. And, this plate is likely to become a new model for the development of the company.

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In the first half of this year, in the domestic rare earth market downturn in the case, the rare rare earth plate in the plate showing a good state: a substantial increase in profitability, “two gold” compression effect is obvious, eliminate The full level of loss of households, as the company transformation and upgrading of a major bright spot.

“After seven years of rapid development, the rare rare earth company has gradually grown into the backbone of China’s rare earth field, is the light and heavy rare earth both the country’s six rare earth enterprise groups, the results are exciting.” Aluminum Group Deputy secretary, general manager Yu Dehui in the recent research on the rare rare earth plate affirmed.

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In fact, rare earth has been a long-term comprehensive layout of a large plate. In recent years, three strategic resources in China’s economic restructuring and development of much attention, has gradually become a hot market competition. After the establishment of China’s rare rare earth rare earth, it is a big move constantly, the news of its listing are endless. 2013, 2015, Chinalco rare rare earth in China twice the capital increase, known as the “rare rare earth listed in China to lay the foundation.” At that time, the industry analysis, said China Aluminum’s capital increase although the limited impact on the industry, but as the aluminum enterprises, may want to use this platform to do some things, the rare rare earth plate stronger.

In fact, the aluminum company has long been listed on the rare rare earth plate as a general goal and an important task. “This is the development of rare rare earth plate itself.” Yu Dehui stressed that to achieve the listing of the first to solve the problem of sustainable profitability and internal control issues. To continue to strengthen the quality and efficiency work, and strive to complete the headquarters and rare rare earth plate itself put forward the profit task objectives for the rapid access to the capital market to create the most basic conditions.

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According to the aluminum company deployed, its rare rare earth plate strategic thinking is “science control upstream, optimize the adjustment of the middle reaches, across the development of downstream.”

In this strategic thinking, in 2009, China’s rare rare earth after the establishment of Jiangsu and Guangxi in the first to start the integration of resources, the form of more investment shares. Since then, in rare earth business development, China’s rare rare earth showed a more robust momentum, not only to consolidate the scope of Jiangsu and Guangxi, and the tentacles extended to Jiangxi, Sichuan and Shandong.

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Over the past few years, China Aluminum will be holding its rare rare earth as the main body of integration, focusing on the integration of Guangxi, Jiangsu, Shandong, Sichuan and other provinces (regions) of rare earth mining, smelting separation, comprehensive utilization of enterprises. In the deployment and promotion of aluminum, China’s rare rare earth has also formed a resource mining, fine smelting separation, high-end downstream products, new technology research and development of the whole rare earth industry chain, with the participation of the global rare earth industry competition.

According to the reporter learned that China’s rare rare earth’s appetite far more than this, is to break through the “industry confined to the upper reaches of the regional layout confined to Jiangsu, Guangxi and Sichuan” situation, scientific control of resources, low-cost access to resources. At the same time, related high-tech or strategic emerging industries have become the target of its lock. China’s rare rare earth is through flexible and diverse foreign joint ventures to promote their own industries and the deep integration of emerging industries.

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Yu Dehui proposed in the study, the second half of this year, rare rare earth plate to focus on core competitiveness and innovation driving force, and comprehensively strengthen the talent technology and institutional mechanisms to protect. And actively explore the pattern and practice of adapting to the development of rare earth small industry, with a new management concept, control mode and salary incentive measures to activate the development of power, bold and innovative talent selection and management mechanism, through the market mechanism to introduce professional and technical level of high team or talent, Deepen the transformation and upgrading and reform and development.

“As long as the rare rare earth plate to maintain strategic strength, sustained efforts, we will be able to enter the benign development track, and gradually build the plate into the most distinctive and dynamic business plate.” Yu Dehui said.

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