Chinalco Rare Earth Co., Ltd.

June 7, ***1, the aluminum rare earth (Jiangsu) Co., Ltd. by the Aluminum Corporation of China and Jiangsu Zhuo group Nano Rare Earth Co., Ltd., Funing Rare Earth Industry Co., Ltd., Yixing City, the Yangtze River rare earth smelters, Changshu Sanetronic Rare Earth Technology Co., Ltd. Jiang Su Baoli non-ferrous metals such as a joint venture. Company registered in Changshu, Jiangsu Province, mainly engaged in rare earth oxides and compounds, rare earth magnetic materials, rare earth metals, rare earth luminescent materials, nano-rare earth materials research and development and production and sales. Since its establishment, much of the concerns of the community, by the State ministries, Jiangsu Provincial Party Committee and Provincial Government and the local government attaches great importance to and vigorously support and high hopes. Aluminum Corporation of China, under the leadership of enterprises in support of our shareholders, we follow a high starting point, high standard, high efficiency goals, follow the "standard operation, risk control, flexible-win" strategic management and control concept, execution "There are partakers systems, clear rights and responsibilities, rewards and punishments" business strategy, and resolutely implement the national policy of the rare earth industry, the central enterprises and private enterprises to take advantage of a combination of modes, and vigorously promote the integration of assets, to proceed with the management, and constantly optimize the enterprise external environment, pay close attention to environmental management, the formation of the registered capital in place, the financing channels, harmonious relationship between local production and operation situation of initial success. Development is the eternal topic, is the cornerstone of success. To meet the national industrial policy to further promote earth, the implementation of a ticket in the end control the volume, steady reduction in export quotas, strict management of production mandatory plan, the implementation of national key enterprises of the leading rare earth needs, we grasp the basic, strong management, in accordance with the unified marketing, unified procurement, unified and uniform financial investment of the "four unity" principle, strengthen the central enterprises in the rare earth industry consolidation in the dominant position, passed the national environmental verification, direct access to the state issued a ***2 production of rare earth export quotas mandatory plans and indicators gradually consolidate and enhance its market share, with domestic and international composition of the rare earth industry downstream processes closely integrated to form a rare earth separation with high precision scale, specialized production pattern. At present, the original shareholders of corporate assets and shares on the basis of qualifications, we set up the aluminum rare earth (Changzhou) Co., Ltd., aluminum rare earth (Funing) Ltd., aluminum rare earth (Yixing) Co., Ltd., aluminum rare earth (Changshu ) Limited four wholly owned subsidiaries, specializing in the production of rare earth separation, the original shareholders of the subsidiaries and companies no longer rare earth minerals acquisitions and product sales, unified by the company in foreign trade activities. Looking rare future bright prospect. We will be good to implement the national policy of the main force of the rare earth industry to have any response, attentive, seize opportunities, overcoming difficulties ahead, continue to write a new chapter in China's rare earth cause for the realization of the aluminum company "building most growth of world-class mining company "and Jiangsu local economic development and make greater contributions!