It is estimated that it will take about half a year. Of course, we can't see the future market changes, and we can only predict according to the current market.
1. Rare earth
The Baiyun Obo mine owned by Baotou Steel Group, the controlling shareholder of Baotou Steel, is a world-famous resource treasure house, and its rare earth reserves rank first in the world. The company has the right to develop the resources of Bayan Obo mine, with a tailings reservoir of 2 million tons and a rare earth reserve (reduced oxide) of about 12.8 million tons.
In 215, Baotou Steel acquired the tailings pond of the Group, and the tailings resources were valued at 26.8 billion yuan. In 216, the business of rare earth concentrate was started. According to the company's announcement, in 217, the company sold 17, tons of rare earth concentrate with a net profit of 1.336 billion yuan, in 218, it sold 272, tons with a net profit of 2.19 billion yuan, and in 219, the trading volume of rare earth concentrate was 163,1 tons. The company is the world's largest supplier of rare earth upstream resources, and its rare earth products mainly supply rare earth in the north (53.96 -3.4%, diagnostic stocks). The price in 22 is 12,6 yuan/ton, which is the same as that in 219.
the outbreak of rare earth colored market is naturally closely related to the pursuit of funds. Public Offering of Fund is an example. On February 22nd, Huatai Bairui CSI Rare Earth Industry ETF was successfully issued, and it was also the first rare earth ETF in China, with an initial fundraising scale of 2 billion yuan. On March 3rd, Harvest CSI Rare Earth Industry ETF was officially issued. This is the second rare earth ETF on the market after the issuance of Huatai Bairui Rare Earth ETF, and the tracking target is CSI Rare Earth Industry Index.
II. Steel
The rail beam factory under Baotou Steel Co., Ltd. has become the largest steel profile manufacturer in China and the three major rail production bases in China.
Guotai junan (17.4 +.29%) pointed out in the recent research report that under the background of carbon neutrality, the steel industry will achieve a high probability of reducing production in 221, and the industry capacity cycle will basically end, and the stability of industry performance will be steadily improved.
the production cycle is basically over, and the production capacity is no longer the ruin of steel profits. Carbon neutrality is the key content of the 21-year National People's Congress and the 14th Five-Year Plan. Since September 22, China has made seven statements to achieve carbon neutrality in peak carbon dioxide emissions in 23 and in 26. At present, 2 provinces, municipalities and autonomous regions in China have proposed to study and formulate the peak carbon dioxide emissions plan in 221, and Shanghai has clearly proposed that peak carbon dioxide emissions and Chongqing should include carbon emissions in the EIA assessment in 225. The agency believes that carbon neutrality is a major theme of industrial products in the next 5-1 years, and carbon emissions from the steel industry account for 18% of the national total. It is imperative to reduce crude steel production and adjust production structure. According to the statement of the Ministry of Industry and Information Technology that steel production will be reduced in 221, the crude steel production in 21 years is likely to decrease year-on-year, and the production cycle of the steel industry will basically end in 221, so the production capacity is no longer the ruin of steel profits.
1. From the company's point of view
Company introduction: The development and utilization of mineral resources, the production and sales of steel products are the main businesses of Inner Mongolia Baotou Steel Union Co., Ltd. The company's main products are rare earth concentrate, fluorite concentrate, construction steel, cold-rolled coil, galvanized steel plate, medium and heavy plate, seamless pipe, heavy rail and section steel. The tailings pond of Baiyun Obo Mine owned by the company has a resource reserve of 2 million tons and five seamless pipe production lines, which is the most comprehensive seamless pipe production base in China.
2. Rich in iron ore resources
Baiyun Oboxi Mine: In 21, the company acquired the mining right of Baiyun Oboxi Mine of Baotou Steel Group and related mining and mineral processing assets. Baiyunebo deposit is mainly composed of five major ore bodies, namely, main ore, east ore, west ore, Legueulle in the east and contact zone in the east, and west ore is one of the largest ore bodies. According to the evaluation of the Ministry of Land and Resources in September, 25, it can be seen that the number of iron ore resources in Xikuang is 667 million tons, the mining method is mainly open-pit mining, and the mineral is magnetite, with an average grade of 32%. The south of the mining area is 15 kilometers away from Baotou City and 7 kilometers away from Baiyun Obo Railway Station, with convenient transportation.
3. From the perspective of industry,
It has benefited a lot from the expansion of new industries such as new energy vehicles, wind power and industrial robots, and the overall demand for rare earths may show a long-term rapid growth trend. On the supply side, China is not only the largest supplier of rare earths in the world, but also the largest source of incremental supply of rare earths. The policy is to control the total amount of indicators, so that it is not easy to lead to over-investment and overcapacity, so that the price of rare earths can have the logic support of long-term high operation. As the strongest supplier of rare earth concentrate in the whole world, Baotou Steel Co., Ltd. is expected to achieve steady profit growth with the expansion of emerging industries.
To sum up, Baotou Steel Co., Ltd. is rich in iron ore resources, and its company is also the largest supplier of rare earth concentrate in the world. Because of these dual advantages, it is still hopeful to continue to maintain profitable growth and usher in rapid development.