News

The third meeting of the fourth board of directors of Zibo Baogang Lingzhi Rare Earth Hi-tech Co., Ltd. was held on June 11, 2019 in the company's conference room. The meeting was chaired by Mr. Yu Yingwu, the Chairman of the company, and all directors of the company attended the meeting. The company's supervisors and some senior executives attended the meeting as observers.

Recently, foreign media reported on the establishment of a joint venture company by rare earth suppliers from the United States and Australia, which has attracted a lot of attention. Some analysts believe that this move is to fill a key gap in the US rare earth supply chain. But is it really so easy to fill the gap?

"China's Dangerous Monopoly on Metals: Controlling Rare Earth Supply gives Beijing an economic and military advantage over the United States." The Wall Street Journal of the United States published a commentary article on the 14th, stating that the United States has ignored China's "rule" and "monopoly" on rare earths and called on the United States to reach relevant provisions with China on rare earth trade and pricing. Regarding the above statements made by American media, Lin Boqiang, Dean of the China Energy Policy Research Institute at Xiamen University, refuted that China has a huge say in the rare earth field, but has not attempted to control rare earth resources and their pricing, and rare earths will not become a bargaining chip for China in political games.

The "Top 10 Science and Technology News of China's Rare Earths in 2018", sponsored by the China Rare Earth Society and Baotou Rare Earth Research Institute, hosted by the "China Rare Earth" website, and co organized by media such as Rare Earth Information and Rare Earth, has been announced recently. The selection results will be published on the website of the China Rare Earth Society, China Rare Earth website, and Rare Earth Information magazine. The top ten science and technology news selected this time were selected from over 100 rare earth science and technology news articles of 2018, which underwent two stages of initial review and expert evaluation.

The company held the second employee (member) representative conference on January 25, 2019, with a total of 108 people attending. Comrade Chang Chuande, Secretary of the Party Committee and Deputy General Manager of the company, presided over the conference. Comrade Guo Yusheng, Executive Vice General Manager of the company, delivered a report on the work of the General Manager titled "Strict management and severe punishment, real implementation, and comprehensive promotion of the company's development to a higher level".

On the afternoon of February 3rd, the company held the 2018 Spring Festival Gala, in which more than 1000 employees and their families, except for those on duty, participated. The celebration lasted for three hours.