Rare earth green mining and smelting received financial support

The "Measures" emphasize that the special funds used for the adjustment and upgrading of the rare earth industry must meet the requirements of the national macroeconomic policy and the rare earth industry policy in management and use, and follow the principles of outstanding focus, openness, transparency, scientific arrangement, and practicality, fully reflecting the financial funds. Guide and take action. The scope of payment for special funds will include the construction of supervision system for local governments to protect rare earth resources and rectify mining order; existing enterprises will carry out clean production transformation of rare earth mining, smelting production systems and environmental protection systems; Select common technology and standard research and development, establish production and production technical specifications and standards; have independent intellectual property rights, relevant technical indicators to achieve international advanced level of high-performance rare earth materials and device technology research and development and industrialization; qualified rare earth enterprises to establish high-end rare earth Materials and equipment research and development pilot bases, etc. The "Measures" clearly stipulate that the support method for special funds shall be based on awards, subsidies, and capital injection. For the rare earth common technology and standard research and development and high-end application technology research and development projects, the use of free funding. The amount of unpaid grants generally does not exceed 50% of the project development costs. The scope of expenses for research and development projects shall be implemented in accordance with the provisions of the Ministry of Finance on Several Opinions on Strengthening Financial Management of R&D Expenses by Enterprises. The annual support amount of a single project does not exceed 10 million yuan. For the high-end application technology industrialization project of rare earth, capital investment is adopted. The amount of capital investment generally does not exceed 20% of the actual investment amount of the enterprise in the previous year. The annual support amount of a single project does not exceed 50 million yuan. A one-time award will be given to rare earth mining and smelting enterprises that have passed the national environmental protection verification. The award standard is 1000 yuan/ton for mine mining (based on rare earth oxide REO) and 1,500 yuan/ton for smelting separation (based on rare earth oxide REO). ), metal smelting 500 yuan / ton. "The introduction of this management method is of great significance, and its regulations are relatively detailed, reflecting the importance attached by the relevant state departments to the rare earth industry." Anhai Xuan, a researcher in the metallurgical industry of China Investment Consulting, highly agrees with the practical role of this "Measures". He told the reporter of "Daily Economic News" that the formulation of management measures is not the key. How to put all the measures in place is the key problem that relevant departments should consider. Whether the supervision mechanism is sound, whether the punishment mechanism is reasonable, and whether the information disclosure mechanism is perfect will largely determine the implementation effect of this management method. In the supervision link, the "Measures" pointed out that the Ministry of Finance and the Ministry of Industry and Information Technology will conduct regular inspections or irregular inspections on the use of special funds and project implementation, and conduct annual performance evaluation. For those funds that are not used according to the specified purposes, and the implementation of the project is seriously out of line with the plan, the Ministry of Finance will recover some or all of the special funds, and will continue to arrange special funds for the project units in the next year. For the impact of the future rare earth industry, An Haixuan said that the purpose of the state allocated special rare earth funds is to try to achieve the optimization and upgrading of the rare earth industry by increasing support. However, after the method is issued, there may be two different meanings for local governments and rare earth enterprises. “The local government can smoothly carry out the elimination of backward production capacity of the rare earth industry on the basis of special funds, and the local economic structure adjustment is relatively smooth; while the rare earth enterprises are faced with the situation of survival of the fittest, many small and medium-sized enterprises are bankrupt due to lack of financial assistance, and the rare earth industry The wave of mergers is even more intense," said An Haixuan.

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