Ministry of Land and Resources: Rare Earth Mining Rights Certificate Issuance or Reboot

On the 17th, the Ministry of Land and Resources announced that it had set up the first batch of national planning mining areas for rare earth minerals, and designated the first batch of rare earth national planning mining areas in Ganzhou City, Jiangxi Province. The 11 local mining areas were included in the list of planned mining areas. According to informed sources, the move means that the mining rights of rare earth mineral products that have been suspended for many years will be reopened.

Increase mine area
According to the announcement of the Ministry of Land and Resources, Longnan heavy rare earth planning mining area, Longnan heavy rare earth planning mining area, Xunwu light rare earth planning mining area, Dingnan medium rare earth planning mining area, Jixian (north) medium rare earth planning mining area, Jixian (middle) heavy rare earth planning Mining area, Jixian (South) medium rare earth planning mining area, Anyuan medium and heavy rare earth planning mining area, Xinfeng (North) medium rare earth planning mining area, Xinfeng (South) medium and heavy rare earth planning mining area, Quannanzhong rare earth planning mining area, etc. 11 The rare earth mining area located in Zhangzhou, Jiangxi Province was included in the list of the first batch of rare earth national planned mining areas.

“This list expands the mining area of ​​the Cangzhou heavy rare earth mine, which is about 30-40 square kilometers.” According to a local person in Ganzhou, 88 local rare earth minerals mining in Zhangzhou controlled by Zhangzhou Rare Earth Mining Co., Ltd. Some of the mining areas covered by the rights have been nearly exhausted. Therefore, the Ministry of Land and Resources has actually established a mining area to prepare for the future mining rights.

It is said that the enlarged mining area will undergo in-depth geological exploration after planning, and plans to obtain new mining warrants within two years. According to the above-mentioned insiders, the future mining areas in Chenzhou will be more strongly bound by national policies in terms of mining supervision (such as controlling the total amount of mining) and resource tax reform.

Facing the issue of "recertification"
"Actually, many mining licenses for rare earth mines in China have expired. In strict terms, most enterprises at this stage are unlicensed mining." A rare earth industry insider told a China Securities Journal reporter that due to rare earths The mining warrants have been suspended for many years. Therefore, many domestic rare earth mining warrants are either in the period of expiration or the mines corresponding to the mining licenses have been exhausted. Almost all enterprises with mining licenses in China are facing the problem of “recertification”. . The relevant state ministries and commissions have been studying reform measures to promote the distribution of rare earth resources mining rights.

Nowadays, the establishment of a standardized mining area has not only become a starting point for the reform of rare earth resources mining rights, but also considered by the industry to be a sign of the resumption of the mining rights of rare earth resources.

Yanzhou Rare Earth people told China Securities Journal that the newly added mining rights will still be held and managed by Zhangzhou Rare Earth Mining Co., Ltd., which currently has 88 mining rights, and has not yet been notified by other central enterprises.

"The mines in Zhangzhou are not given to central enterprises, but other regions are hard to say." A rare earth industry insider said that compared with Chenzhou, rare earth mines in Hunan, Guangxi, Guangdong, Fujian and other places have not yet developed a clear body, which gives The space for the involvement of central enterprises. He believes that at present, Minmetals, China National Color, Chinalco and local enterprises in Guangdong Guangyu are all coveted with rare earth resources. In the future, the rare earth standard mining area of ​​the Ministry of Land and Resources will inevitably appear as a central enterprise with “seeking mines and thirst”.
 

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