According to reports, the five Jiangsu companies are Jiangsu Poly Nonferrous Metals Co., Ltd., Changshu Shengchang Rare Earth Technology Co., Ltd., Jiangsu Zhuoqun Nano Rare Earth Co., Ltd., Funing Rare Earth Industry Co., Ltd., and Yixing Yangtze River Rare Earth Smelter. After the integration, the registered capital of China Aluminum Rare Earth (Jiangsu) Co., Ltd. was 623 million yuan.
Chinalco’s announcement stated that Chinalco has gradually established a technology research and development base based on “Research Rare Earth New Materials Co., Ltd.†and a resource support base based on Guangxi, Guangdong and other provinces, based on four separate enterprises in Jiangsu. Separation of rare earth industry layout of smelting base.
China Aluminum Integrated Rare Earth Separation and Smelting
Chinalco recently announced that China Aluminum Rare Earth (Jiangsu) Co., Ltd. has established a joint venture with five rare earth separation and trading companies in Jiangsu Province. After the integration, the company's rare earth separation capacity will exceed 30,000 tons.