6 Reserve Base for rare earth in Baotou steel to promote the return of real price

Recently, the reporter learned from Baotou Steel, the company has completed the construction of 6 rare earth reserves, of which the minimum reserves are also 5000~6000 tons, mainly for the storage of rare earth raw materials and rare earth products. Rare Earth resources are mainly used for computers, mobile phones and low-carbon vehicles, with a global reserve of about 88 million tonnes, and China's rare earth reserves of One-third, which account for more than 95% of the world's supply.　　The big strategy for the rapid launch of the Reserve Bank and the management's consideration is to mount rare earth reserves.　　At the beginning of this year, Baotou Iron and Steel Co., Ltd. formally announced the implementation of Baotou rare Earth raw Material products Strategic reserve program, and the autonomous region, Baotou, Baotou Steel (group) company jointly give discount support, the construction of 10 rare earth oxides reserve facilities, the main reserve light rare earth concentrate resources, the total reserves of　　Baotou Steel plant in charge of a smelter told reporters that the company began in 2009 to consider the establishment of a Reserve Bank, the beginning of the program immediately after the commencement of the project, has been building 6 rare earth reserves, the minimum inventory of 5000~6000 tons. "The current reserves of rare earths are mainly divided into two pieces, one is rare earth raw material reserves, is rare earth gold, the other is rare earth product reserves, mainly after a simple refining of rare earth oxides or rare earths or higher degree of rare earth metals." "Of course there are more than 6 in the future, and the construction of the Reserve Bank is still being intensified," the official said.　　"The reporter learned that the Baotou iron and steel program through 5 years to reserve 300,000 tons of rare earth gold deposits, through 2 years or so time to store about 80,000 tons of rare earth products." China's price is gradually forming "from 1990 to 2009, the rare earths sold the price of Chinese cabbage, which is caused by the low prices of rare and medium Rare-earth companies, the rare earth industry relies on sacrificing the environment price to obtain a competitive advantage, but also made China into a rare earth commodity exporters."　　"A rare earths insider said.　　He also believes that because of the coexistence of iron ore and rare earth minerals in Baogang, there are also many rare earth minerals produced by the simultaneous production of iron ore, but the limited capacity of Baotou steel itself to deal with Rare-earth Minerals has resulted in massive loss of Rare-earth ore and oversupply, which has led to a decline in prices of rare-earth minerals and In addition, foreign-funded enterprises are also in the swoop. Although China has been restricting the export quotas of rare earth minerals, but because the raw materials of rare earths are not restricted by quota, enterprises in some developed countries have imported rare earth products from China in recent years, or invested in establishing processing plants, which are used in China to buy raw materials in large quantities cheaply, and then they can be transported to foreign deep processing or direct reserves after simple processing,　　Not only successfully avoided export quotas, but also the pollution caused by simple processing left to China. But now Inner Mongolia is starting to work on integrating resources. Recently issued in Inner Mongolia, "on the development of rare earth resources to develop the order of the Work program", clear within the Inner Mongolia Autonomous Region will realize the strategic resources of rare earths from Baotou steel (Group) Limited Liability company franchise, the plan is expected to accelerate the pace of the rise in rare earths prices. An internal engineer at Baotou Steel also believes that with the merger and integration of the rare earths in Baotou, the loss of rare earth minerals will no longer exist since the suppliers of Rare-earth materials and primary products have gradually developed into a whole industrial chain of the Rare-earth industry.　　At the same time, the government has banned the export of Rare-earth commodities, combined with the current reserves of rare earths and the return of Rare-earth minerals to real prices, China's prices are gradually forming. Investment advice China Securities as the industry leader of the Rare Earth (600111) rare earth oxides and rare earth metals in the unified acquisition, unified sales operation model determines its depth to benefit from the rise in rare-earth prices, the performance is expected to continue to exceed expectations.　　However, for the sake of prudence, the earnings per share of the company for the 2010 ~2012 year were: 1.04 yuan, 1.43 yuan and 1.65 yuan forecast, maintaining the "recommended" investment rating of Baotou Steel. Hunan Finance and securities rare earths, antimony prices continue to high, supply long-term tight, long-term profit-related companies. Recommended resources for the continued high price of Baotou Steel (600111), Chenzhou Mining (002155), the second half of the performance is expected to explode in the growth of the precious Titanium shares (600456), long-term benefit from the development of new energy Ningbo Yun Sheng (600366), assets injected into the expected strong gold (600489).