Zibo Baogang Lingzhi Rare Earth Hi-tech Co., Ltd. was founded in April 1994.In June 2003, the company became a partially-owned subsidiary of China Northern Rare Earth Group (Inner Mongolia Baogang Rare Earth High-tech Co., Ltd.) In March 2009, the company carried out shareholding reform and was listed at Tianjin Equity Exchange. In 2012, the company successfully passed the special examination for environmental protection of the rare earth industry conducted by the Ministry of Environmental Protection. At the end of the same year, the company became one of the first enterprises which were permitted to engage in the rare earth business by the Ministry of Industry and Information Technology.
The company now has four factories which cover an area of more than 600 mu. The annual sales revenue is over 1 billion yuan. There are more than 1,000 employees, of whom 35% are technical school graduates or above, and 17% are professional technicians. The company now has a complete set of rare earth production technology of concentrate→rare earth chloride→extraction separation→deposit and crystallize→metal→Nd-Fe-B. The company also engages in rare earth separation as well as the development and production of downstream rare earth products, and is already among the best in terms of chain extraction, non-ammonia nitrogen separation production and COD treatment technologies. The company adopts the only alkaline method used in rare earth production in China. The company can annually produce 25,000 tons of mixed rare earth chlorides, 25,000 tons of mixed rare earth chlorides, 1,500 tons of rare earth metals, 2,000 tons of polishing powder, 700 tons of P507 extraction agent and 1,200 tons of OPE membranes. The products mainly include salts and oxides of La, Ce, Pr, Nd, Eu2O3, Tb2O3, Dy2O3, PrNd metal, rare earth polishing powder and P507 extraction agents. The company already met the standard of ISO9000 quality management system in 1997. In 2009, the company was rated as one of the Shandong Cleaner Production Units. The company is identified as a municipallevel “Engineering and Technological Research Center” in 2012, and a provincial-level Technological Center for Enterprises in 2014. The company has won titles of “An Excellent Private Enterprise”, “An Excellent Industrial Enterprise”, “One of the Top 100 Enterprises in Zibo” and “A Contract Honoring and Promise Keeping Enterprise” granted by the local government many times.
-
1994Establishment of the enterprise
-
1100 +Staff and workers of enterprise
-
35 +Annual sales revenue (in billions)
-
500 +Land area (mu)
-
High tech enterprises
In March 2009, it underwent a shareholding reform and was listed on the Tianjin Stock Exchange. The first batch of rare earth industry admitted enterprises by the Ministry of Industry and Information Technology of China, and a national high-tech enterprise.
-
Complete industrial chain
The company has a complete industrial chain in China, including concentrate processing, extraction and separation, precipitation and crystallization, and deep processing of rare earths.
-
Security Management System Certification
The company obtained ISO9000 quality system certification in 1997, ISO14001 environmental management system certification and GB/T28001 occupational health and safety management system certification in 2015.
-
Excellent enterprises
The company has won multiple honors from the local government, including "Excellent Industrial Enterprise", "Top 20 Industrial Enterprises in Linzi District", "Top 100 Enterprises in Zibo City", and "Contract abiding and Trustworthy Enterprise".