China Rare Earth Group Co., Ltd. was established in Ganzhou, Jiangxi Province on December 23. It is understood that China Rare Earth Group Co., Ltd. was established by China Aluminum Group Co., Ltd., China Minmetals Group Co., Ltd. and Ganzhou rare earth group Co., Ltd. in order to realize the complementary advantages of rare earth resources and the coordinated development of rare earth industry, China Steel Research Technology Group Co., Ltd. and Youyan Technology Group Co., Ltd, It is a large rare earth enterprise group established according to the principles of marketization and legalization. After its establishment, China Rare Earth Group Co., Ltd. is a diversified central enterprise under the direct supervision of the SASAC of the State Council. According to the relevant person in charge of China Rare Earth Group Co., Ltd., under the new development pattern, the enterprise group operation and intensive development of rare earth is conducive to increasing scientific research investment, integrating innovative resources, improving the R & D and application capacity of new rare earth processes, technologies and materials, and further unblocking the communication and connection between the upstream and downstream of the rare earth industry chain and different fields, We will better ensure the upgrading of traditional industries and the development of strategic emerging industries. It is understood that after its establishment, China Rare Earth Group Co., Ltd. will focus on the scientific and technological R & D, exploration and development, separation and smelting, intensive processing, downstream application, complete sets of equipment, industrial incubation, technical consulting services, import and export and trade business of rare earth, and strive to build a first-class rare earth enterprise group. (Xinhua News Agency)