About Rare Earth Resources
Rare earth element is the general name of seventeen chemical elements in the periodic table, including the fifteen lanthanides: Lanthanum (La), Cerium (Ce), Praseodymium (Pr), Neodymium (Nd), Promethium (Pm), Samarium (Sm), Europium (Eu), Gadolinium (Gd), Terbium (Tb), Dysprosium (Dy), Holmium (Ho), Erbium (Er), Thulium (Tm), Ytterbium (Yb), Lutetium (Lu), as well as Scandium (Sc) and Yttrium (Y). According to their atomic weights, physical and chemical properties, they are divided into light and heavy rare earth elements, the first 5 elements are light rare earths and the rest are heavy ones.
China has rather rich rare earth resources which accounts for about 23% of the world's total reserves. The rare earth of China has the following features: resources occurrence distribution presents “north light and south heavy”, Light RE ore is mainly distributed in Baotou, Inner Mongolia and Liangshan, Sichuan Province while ionic medium and heavy RE are mainly distributed in Ganzhou, Jiangxi Province and other southern areas.
China South RE Group
Heavy Rare Earth
Ganzhou Rare Earth Group Co., Ltd. is a holding company of China South RE group which is one of the Six RE Groups of China. It has almost all mining rights of Jiangxi Province, and also has rich experience in operation and management of rare earth extraction, separation and storage. By equity cooperation with Ganzhou RE group, JL MAG has gained resources protection of heavy rare earth. Among the national 67 rare earth mineral rights certificates released by the Ministry of Land and Resources, Ganzhou RE group owns 44 certificates.
Light Rare Earth
China Southern RE Group has the mining ownership of 3 million tons rare earth in Mianning Sichuan, which can guarantee the stable supply of JLMAG's light rare earth.