What are the rare earth stocks?

Rare earth stocks include: North Rare Earth, Guangsheng Nonferrous Metals, Xiamen Tungsten Industry, China National Color Co., Ltd., Minmetals Development, Hesheng Resources, Zhenghai Magnetic Materials and Yingluohua.

Extended data:

China ranks first in the world in rare earths: 1, and its reserves rank first in the world's total reserves, especially medium and heavy rare earths, which are of great significance in the military field and relatively scarce; 2. The production scale is the first. In 2005, China's rare earth production accounted for 96% of the world; 3. The export volume ranks first in the world. 60% of China's output is used for export, accounting for more than 63% of international trade. China is the only country in the world that supplies a large number of rare earth products of different grades and varieties.

At present, China is opening its doors to the world at no cost. According to the report of the National Development and Reform Commission, the annual production capacity of rare earth smelting and separation in China is 200,000 tons, which is more than twice the annual demand of the world. According to the estimation of relevant institutions, the rare earth reserves in China decreased by 37% from 1996 in 2009, leaving only 27 million tons. According to the current production speed, the medium and heavy rare earth reserves can only be maintained for 15 to 20 years, and may need to be imported.

At present, the development of rare earths in China is in a situation of disorderly production and excessive competition. However, China has monopoly control over rare earth resources and no pricing power at all, and the price of rare earth has been hovering at a low level for a long time. Blind development and poor macro-planning lead to China not becoming a big country in rare earth development, and China's rare earth science and technology lags far behind developed countries.

Based on the current situation of the industry, in May of 20 1 1, the General Office of the State Council issued "Several Opinions of the State Council on Promoting the Sustainable and Healthy Development of Rare Earth Industry", saying that in one to two years, the pattern of rare earth industry led by large enterprises will basically be formed. This means that the rare earth industry will usher in an opportunity of integration, which can effectively regulate the chaos in the industry and achieve healthy and sustainable development.

Reference link: rare earth concept stocks-Baidu Encyclopedia