日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Industries

Chinese rare earth firm to form mega company

(Xinhua) Updated: 2012-12-28 15:13

BEIJING - China's top rare earth producer announced Friday it will gain control of 12 other firms in the sector, making its first move to form a mega company.

Inner Mongolia Baotou Steel Rare-Earth (Group) Hi-Tech Co on Thursday signed framework agreements on consolidating and restructuring with other rare earth firms based in Inner Mongolia, the REHT said in a statement filed to the Shanghai Stock Exchange.

Under the agreements, the 12 firms and their shareholders will transfer 51 percent of the companies' combined equity to REHT for free while REHT will plan their management and production.

REHT will also provide the firms with support in terms of talent, technology, funding, production and export quotas.

REHT's light rare earth output accounts for more than half of the world's total.

The move is the company's first step in its ambition to create a massive rare earth enterprise that will integrate light rare earth resources in the country's northern region, a plan that was unveiled in August this year.

The industry consolidation is also part of efforts to control environmental damage caused in rare earth mining and processing, stave off resource depletion and nurture competitive domestic firms in the sector.

Authorities expect bigger enterprises to churn out products with higher added value and shoulder more responsibility in environmental protection.

If the first step goes well, REHT will eventually team up with major rare earth producers in Gansu, Sichuan and Shandong provinces to form the China North Rare Earth (Group) Hi-Tech Co, the company's general manager Zhang Zhong said in August.

However, the framework agreements will become invalid if formal deals cannot be inked within one year, according to REHT's statement.

Rare earth metals are a group of 17 metals that are vital for the manufacture of high-tech products ranging from smartphones and wind turbines to electric car batteries.

As the world's largest producer of rare earth metals, China now supplies more than 90 percent of the global demand for the metals, although its reserves account for just 23 percent of the world's total.

The process of extracting the metals from the earth is extremely harmful to the environment. The Chinese government has implemented output caps, export quotas, stricter emission standards and higher resource taxes to curb environmental damage.

 

Special Coverage

China's rare Earth

 

Related Readings

Largest rare earth producer halts for 3rd month

Export quota for rare earths to stay the same

Smuggling blights rare earths industry

Rare earths exports down 8 % year-on-year

 

 

 

 

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 在线视频麻豆 | 久久久久女教师免费一区 | 免费毛片视频网站 | 欧美精品另类 | 免费视频久久 | 国产一区精品在线 | 亚洲天堂一区在线观看 | 日本动漫大尺度 | 欧美日韩视频免费在线观看 | 91视频免费在线看 | 日韩国产一级 | 看av网站| h片在线播放 | 欧美老女人bb | 国产一级av毛片 | 久久久久国产一区二区三区 | 欧美日韩一区二区三区四区 | 神马久久精品 | 在线观看www | 一本黄色片 | 欧美日韩综合网 | 成人av免费网站 | 国产精品久久久精品 | 91精品久久久久久久99蜜桃 | a免费在线观看 | 色婷婷av一区二区三区之e本道 | 免费成人在线看 | 一级黄色大片视频 | 激情噜噜 | 成人黄色一级片 | 国产黄色av网站 | 在线a网| 欧美黄色网页 | 超碰三级| 日韩在线精品 | 欧美性猛交bbbbb精品 | 精品国产一区二区三区久久久久久 | 黄色一级网址 | 欧美日韩中文字幕一区二区三区 | 欧美大片一区二区三区 | 久久两性视频 |