The integration of mineral resources into the closing battle

An integration of 15 important minerals such as coal, rare earth, and potassium salt entered the final stage, and the unfinished integration of mines accounts for more than 10% of the total, which will be considered as “failed”.
Industry sources said that with the further increase in the concentration of these mineral resources, the related advantages or leading enterprises will become the biggest beneficiaries.
After five years of consolidation, the wave was higher than a wave. On November 23, the Ministry of Land and Resources issued the “Notice on Further Promoting Inspection and Acceptance of the Integration and Development of Mineral Resources” (hereinafter referred to as the “Notice”). It not only uses quantitative scoring methods for integration work. Review and acceptance, but also made it clear that the proportion of unfinished integrated mines accounted for more than 10% is "failed."
According to industry insiders, this is the second round of integration of important minerals in China. It has been speculated from the past five years that the integration of mineral resources has been conceived. The integration of mineral resources is far from over, and it is a wave higher than a wave.
It is reported that in 2006, the State Council issued the first round of mining consolidation documents for coal, iron, manganese, copper, aluminum, lead, zinc, molybdenum, gold, tungsten, tin, antimony, rare earth, phosphorus, potassium salts, etc. 15 important minerals are integrated. In 2009, 12 departments such as the Ministry of Homeland and the National Development and Reform Commission jointly issued the “Notice”, which opened the second round of integration and clearly stated that the task of comprehensive integration should be completed by the end of 2010. A long-term mechanism for the development and utilization of mineral resources should be initially established.
According to statistics from the Ministry of Land and Resources, after the integration of the past five years, the degree of intensification of China’s mineral development has increased. In 2009, the number of mines in the country decreased by nearly 10,000 compared with 2006, a decrease of 7.9%.
Normal Management Leading Enterprises Benefit The reporter learned that according to the previous 12 departments' integration ideas, this year we must fully complete the task of integration, establish and improve the relevant systems of mineral resources management, and initially establish a long-term mechanism for the exploitation and utilization of mineral resources. According to the latest position of the Ministry of Land and Resources, after the completion of this round of integration acceptance, since 2011, the integration of mineral resources has been transferred to normal management.
People in the industry believe that the trend toward consolidation will favor the development of related advantages or leading mining companies.
It is worth mentioning that during the second round of integration, the Ministry of Land and Resources also organized a special rectification campaign for the development of rare earths and other minerals in the country, and organized and supervised the integration of 469 key mining areas across the country in two batches. Not so long ago The Ministry of Homeland has also issued a notice of acceptance for this work and will complete the closing work at the end of this month.

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