In the early morning of July 9, the three major indexes all fell. The rare earth permanent magnet plate bucked the trend and strengthened. Huicheng environmental protection (300779) rose by 20%, greenmead (002340) rose by 8%, and Guangsheng nonferrous metals (600259) and China Baoan (00000 9) rose one after another.
Among them, the rare earth leader northern rare earth (600111) rose 4% again today, and its share price rose 36% in just five trading days from July 5 to July 9, with the total market value exceeding 100 billion yuan.
On July 7, a video conference on industrial and information system policies and regulations was held in Beijing. Wang Jiangping, Vice Minister of the Ministry of industry and information technology, said that efforts should be made to ensure the safety and stability of the supply chain of the industrial chain, formulate guidance on promoting the orderly transfer of the manufacturing industry, and speed up the development of new service-oriented manufacturing mode and industrial design. Efforts should be made to optimize the environment for the development of industries and enterprises, accelerate the legislation of telecommunication law, and promote the promulgation of rare earth regulations as soon as possible.
In January this year, the Ministry of industry and information technology released the “rare earth management regulations (Draft)” (hereinafter referred to as the “draft”) and solicited public opinions. According to the draft, the State implements total quota management for rare earth mining and smelting separation, implements strategic reserve of rare earth resources and rare earth products, and clarifies punishment regulations for enterprises violating regulations for the first time.
CITIC Securities Research Report said that in the second half of the year, policies such as the rare earth management regulations may be gradually introduced, which is expected to guarantee the medium and long-term high-quality development of the rare earth industry, the rare earth price will start a long bull, and the companies related to the rare earth industry chain are expected to have long-term sustainable growth.