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Baotou Rare Earth is selected as a demonstration base of new industrialized industry

Ministry of Industry Minister Li Yizhong personally licensed, Baotou rare earth High-tech Zone Management committee director Ninfo came to the world's proven rare earth resources industrial reserves of 92.61 million tons of REO, China's reserves accounted for 71.1% of the world, up to 65.88 million tons REO, ranked first in the world, mainly in Baotou, Inner Mongolia, Shandong and Sichuan Baotou in Inner Mongolia accounted for 87.1%, reaching 57.38 million tons REO.  The rare earth industry is the characteristic industry and pillar industry of Inner Mongolia. At present, China's rare earth products have 2/3 of foreign exports, export volume accounted for more than 63% of international trade, China has become ...

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