(Shanghai Comprehensive News) China has focused on promoting the high -quality development of the rare earth industry. Chang Guowu, deputy director of the Ministry of Industry and Information Technology, said in a forum yesterday that it will enhance the capacity of rare earth products and put it in order.Exploration rights and mining rights will increase its survey of Baiyun Epo mine and Zhong heavy rare land resources.Two foreign resources to further improve the management of total rare earth control indicators, and standardize the processing and utilization of industrial waste such as imported mines and rare earth resources.

Chang Guowu said that the entire industry and enterprises should work together to ensure that the prices of rare earth products are stable in a reasonable range, continuously expand the scope of rare earth application, and promote coordinated development of upstream and downstream industries.

Chang Guowu also said that it is necessary to promote the integration of technological research and development, engineering demonstration and industrial application in the integration of technology research and development, engineering demonstration and industrial application, support rare earth mining, smelting, metal processingEnterprises in various aspects of industrial chains such as new materials have carried out intelligent transformation of production.

Inner Mongolia's rare earth resources are rich in reserves, and Baotou is known as the world's "rare earth capital".Inner Mongolia earlier announced that it will build the world's largest rare earth trading center, promote the upgrade of the "Rare Stock Exchange (Baotou Rare Earth Product Exchange)" to a national exchange, and create a rare earth industry pricing center, information center and service center.

In addition, the Wall Street Journal quoted at the beginning of this month that people familiar with the matter revealed that China has approved one of the world's largest rare earth companies.It is reported that when the intensive relationship with the United States has intensified, China's move aims to maintain its dominant position in this strategic metal global supply chain.