Jiangxi Ganzhou Plan to Establish the South Rare Earth Group

    News from SMM: Reported by Fujian Daily, in the government report of this year, Jiangxi Ganzhou had raised the plan to establish a large group of rare earth enterprises in south of China and form the industrial group with tungsten and rare earth output over 100 billion Yuan.

    Speed up the establishment of the rare metals futures trading center, to set Ganzhou as the trading center and distribution center of rare earth and tungsten. Speed up the establishment of the rare earth industrial base and South China ionic rare earth strategic resource reserve center.

    Among the listed companies, Zhangyuan Tungsten, as a local company, is expected to be the first one to benefit from it. Jiangxi Copper Co., Ltd and China Nonferrous Metal Industry’s Foreign Engineering and Construction Co., Ltd (NFC) and other companies are also necessary to be paid attention.