Core Insights - Baotou City has established a deep collaborative innovation system for rare earths, integrating industry, academia, and research [1][2] - Baotou is home to the world's largest Baiyun Obo rare earth mine, holding the highest global reserves and smelting separation capacity, earning the title "World Rare Earth Capital" [1] - The city has partnered with nearly 20 top universities and leading enterprises to create five specialized joint research institutes, one industrial incubation base, and multiple specialized laboratories [1] Group 1 - The Baotou Rare Earth New Materials Technology Innovation Center has focused on seven research areas, conducting 44 research projects, including five projects under the Inner Mongolia "Technology Breakthrough" initiative [2] - The center has established 12 pilot demonstration lines, with four already operational, successfully overcoming 11 key industry technologies [2] - A joint research base for rare earth bio-metallurgy has been established, leveraging Tsinghua University's advanced synthetic biology-driven rare earth recovery technology [1][2] Group 2 - The Baotou City government emphasizes the importance of a collaborative model that combines cutting-edge university innovation, enterprise implementation, and platform synergy [1] - The establishment of the Baiyun Obo Rare Earth Resource Research and Comprehensive Utilization National Key Laboratory is a significant step in enhancing research capabilities within the rare earth sector [2] - The innovative bio-separation technology developed by Tsinghua University enables efficient leaching and purification of rare earth elements from tailings and waste materials [2]

Group 1 - The core viewpoint of the articles highlights the advancements in rare earth materials and their applications, particularly through the establishment of the Rare Earth New Materials Technology Innovation Center [4][5] - The new fabric "Xi Bei Si," developed by Baogang Group, utilizes advanced green textile materials that provide a cooling effect, lowering temperature by 3-5°C compared to conventional fabrics [1] - The Rare Earth New Materials Technology Innovation Center has achieved breakthroughs in 11 technologies across various fields, including magnetic materials, fine chemical materials, and biometallurgy, with several results already in pilot testing and production [4] Group 2 - The center was established in February 2023, led by China Northern Rare Earth Group and China Steel Research Group, and aims to serve as a technology innovation incubator for the rare earth industry [4][5] - The center has initiated 43 research projects, obtained 32 patents, and established 14 various standards, demonstrating significant progress in a short period [4] - Baogang Group is focusing on emerging industries such as new energy, new materials, and intelligent manufacturing, aiming to support national strategies and the development of two rare earth bases [5]

01 中美经贸磋商机制首次会议，将举行！ 6月7日，外交部发言人宣布：应英国政府邀请，中共中央政治局委员、国务院副总理何立峰将于6月8日至13日访问英国。其间，将与美方举行中美经贸磋商机制首 次会议。 02 事关稀土出口管制！商务部深夜发声 据商务部网站6月7日晚间消息，商务部新闻发言人就中重稀土出口管制措施答记者问。有记者提问：近日，许多国家对中国稀土出口管制措施表达关注，请问中方 将采取哪些措施回应各方关切？ 对此，商务部新闻发言人表示，稀土相关物项具有军民两用属性，对其实施出口管制符合国际通行做法。中国依法对稀土相关物项实施出口管制，目的是更好维护 国家安全和利益，履行防扩散等国际义务，体现了坚持维护世界和平与地区稳定的一贯立场。 商务部新闻发言人称，我们也注意到，随着机器人、新能源汽车等行业发展，各国对中重稀土在民用领域的需求量正持续增长。中国作为负责任的大国，充分考虑 各国在民用领域的合理需求与关切，依法依规对稀土相关物项出口许可申请进行审查，已依法批准一定数量的合规申请，并将持续加强合规申请的审批工作。中方 愿就此进一步加强与相关国家的出口管制沟通对话，促进便利合规贸易。 03 中央汇金，大动作！ ...

有色、钢铁行业 行业研究 | 行业周报 重视稀土产业链的供给侧逻辑 ——有色钢铁行业周观点（2025 年第 23 周） 核心观点 投资建议与投资标的 风险提示 国内宏观经济增速放缓；美国通胀增速放缓；原材料价格波动 国家/地区 中国 行业 有色、钢铁行业 报告发布日期 2025 年 06 月 08 日 看好（维持） 刘洋 021-63325888*6084 liuyang3@orientsec.com.cn 执业证书编号：S0860520010002 香港证监会牌照：BTB487 | 美债危机叠加关税冲击，关注黄金板块的 | 2025-06-03 | | --- | --- | | 投 资 机 会 ： — — 有 色 钢 铁 行 业 周 观 点 | | | （2025 年第 22 周） | | | 积极关注稀土等战略金属板块的投资机 | 2025-05-18 | | 会：——有色钢铁行业周观点（2025 年第 | | | 20 周） | | | 铁矿价格出现明显松动，继续关注钢铁板 | 2025-05-11 | | 块的投资机会：——有色钢铁行业周观点 | | | （2025 年第 19 周） | | 有关分 ...

Core Viewpoint - China's recent approval for a limited quantity of rare earth exports signals a strategic shift aimed at balancing economic interests and geopolitical pressures, particularly in response to trade tensions with the US and its allies [2][5]. Group 1: Export Policy Changes - The Chinese Ministry of Commerce announced the approval of certain rare earth export applications, indicating a controlled release of these resources rather than a complete ban [2]. - This policy adjustment comes after three rounds of export controls since late last year, which have significantly impacted various industries, including electric vehicles, semiconductors, and military sectors in multiple countries [2][5]. Group 2: Strategic Objectives - China's dual objectives are to inflict economic pain on adversaries to encourage a shift away from trade protectionism while maintaining its leverage in the rare earth market [5]. - The recent export controls were partly a response to heightened trade tensions following the US's imposition of tariffs, which have been described as a "day of liberation" by former President Trump [5]. Group 3: Market Dynamics - China holds 33.8% of the world's rare earth reserves, but it dominates the refining process, accounting for 90% of global production, highlighting its critical role in the supply chain [7]. - Despite being the largest reserve holder, China's influence stems from its efficient production and processing capabilities, with two-thirds of US-mined rare earths being sent to China for processing [7]. Group 4: Future Considerations - The strategy of "controlled release" aims to keep competitors in a state of dependency, ensuring they cannot easily replace Chinese rare earths while also preventing a complete market shutdown [9]. - China plans to combat smuggling of rare earth materials and enhance resource recovery through circular economy initiatives to safeguard its strategic resources [9].

Group 1 - The core viewpoint is that rare earths, a strategic resource for China, are becoming increasingly important in international competition, especially after China's recent export controls on heavy rare earth elements [2][3]. - China's export control on seven categories of heavy rare earth elements is a strategic move aimed at countering external pressures, particularly affecting the U.S. military's reliance on Chinese rare earths for high-end equipment [2][3]. - The global market for heavy rare earths is characterized by a 90% share, with limited alternatives, indicating a significant shift in pricing logic and supply-demand dynamics [3]. Group 2 - Market reactions to the rare earth sector have been slow, with many investors remaining cautious due to past volatility and perceived speculative nature of the market [4]. - The current market logic has shifted from short-term speculation to recognizing the long-term strategic value of rare earths, driven by export controls and intensified international competition [4]. - Institutional investors have already begun to act in the rare earth sector, indicating that while retail investors hesitate, significant capital is being deployed in anticipation of future price increases [6][8]. Group 3 - To navigate the market effectively, it is crucial to focus on institutional behavior rather than being swayed by price fluctuations, as these may present opportunities rather than risks [12]. - Understanding the true intentions of institutional investors through data analysis is more important than speculating on price movements, especially as the rare earth narrative evolves towards long-term strategic value [12].

南都讯记者杨文君发自北京 6月7日深夜，商务部网站公布一则消息，回应了近期备受关注的稀土出口 管制问题。 稀土出口管制近期备受关注，此前有消息称，很多国家的企业已开始抱怨中国的稀土出口许可太慢，因 此他们的生产面临停产，一些日本和欧洲的企业已经停产。 商务部方面表示，随着机器人、新能源汽车等行业发展，各国对中重稀土在民用领域的需求量正持续增 长。中国作为负责任的大国，充分考虑各国在民用领域的合理需求与关切，依法依规对稀土相关物项出 口许可申请进行审查，已依法批准一定数量的合规申请，并将持续加强合规申请的审批工作。中方愿就 此进一步加强与相关国家的出口管制沟通对话，促进便利合规贸易。 据了解，稀土是若干种金属元素的统称，素有"工业味精"之美誉，是我国重要的战略矿产资源。稀土已 被广泛应用于国防军工、航空航天、特种材料、冶金、能源和农业等诸多领域。根据美国地质调查局 （USGS）数据，截至2022年末，全球稀土总储量约为1.3亿吨，中国稀土储量为4400万吨，占全球总储 量的33.8%。 （文章来源：南方都市报） 稀土分为轻稀土和中重稀土。轻稀土储量较为丰富，主要用于冶金、农业等领域；中重稀土则因稀缺性 和特殊性 ...

6月7日，北方稀土产业技术研发中心、稀土新材料技术创新中心产业技术研发中心和生物冶金联合研发 基地在北方稀土冶炼分公司（华美公司）揭牌。 转自：草原云 "我们团队于2019年开发稀土生物绿色分离技术，具有选择性高、环境友好、成本低等优势，这一研究 方向的核心理念是利用微生物的特殊代谢特性，实现稀土元素的高效富集与分离。北方稀土等大企业参 与合作，为项目推进提供了重要保障。"中国科学院院士、清华大学化学系教授张洪杰介绍说，今年清 华大学将与北方稀土合作推进稀土生物冶金的千吨级处理能力验证。 据了解，"高校前沿创新+企业产业落地+平台协同赋能"的合作模式，是三方优质资源的最佳集成，清 华大学国际领先的合成生物驱动稀土回收技术，北方稀土全产业链的应用场景与配套服务，稀土新材料 技术创新中心的技术转化平台。强强联合将有效打通从实验室到生产线的"最后一公里"。 "我们对稀土生物分离技术寄予厚望，希望借助这项技术将白云鄂博尾矿进一步充分利用起来；此外， 北方稀土技术创新中心将聚力承接北方稀土的技术转移转化，以及项目中试验证孵化。我们将持续推动 三方继续深化合作，聚焦关键技术攻关与成果转化，为'两个稀土基地'建设和我国稀土 ...

（原标题：和讯投顾高璐明：黄金或高位震荡，可关注但勿追涨） 6月8日，和讯投顾高璐明对周末A股重磅消息进行解读。周末国内外市场发生多件大事，或影响下周市 场走势。其一，某国总理宣称愿重启与我们的关系，期待恢复高层交往，此消息可能促进贸易及相关方 向，短期利好铁矿石等板块。其二，商务部强调对稀土等物项实施出口管制属国际通行办法，且已为符 合条件的申请建立绿色通道。国内稀土政策使外方态度转变，稀土价格已上涨，若恢复出口有望吃到红 利，但需观察市场资金反馈，资金认可将推动短期反攻。其三，商务部发布电动汽车利好消息，中欧双 方电动汽车价格磋商进入最后阶段，传递向好信号，落地后将推动国内电动汽车出口，构成利好。其 四，商务部召开重磅会议，强调实施人工智能加制造行动，以工业智能体为抓手深化人工智能工业应 用，这针对人工智能加工业、高端制造等方向将形成有力推动，下周可关注，若获资金认可有望带动短 期反弹。其五，6月8号到6月13号，我们与老美将进行谈判，后续需关注谈判进程与消息，谈得顺利将 推动相关贸易出口，谈得不顺利则对消费电子等方向形成短期利空。其六，近期老美内部出现纷争，如 特朗普与最大金主公开互怼，加州强硬表态若拨 ...

中美关税大战短暂"熄火"后，中方留下的后手已经起到了作用，面对在稀土短缺的问题特朗普无计可施，只好给中国打来电话寻求更进一步的解除制裁。 01 中方稀土反制效果显著 在今年5月份，美国唯一稀土生产商MP Materials与沙特矿业紧急签署开发协议，企图构建"去中国化"供应链。但摆在它面前的一个残酷现实是全球92%的稀 土加工产能在中国，澳洲莱纳斯、巴西淡水河谷的新产能远水难救近火，完全不足以满足美国的稀土需求。 美国国防部曾扬言2027年建成完整供应链。然而现实的情况却击碎了这一幻想：美国摆脱中国稀土依赖至少需要十年，即便俄罗斯开放远东矿场，其开采成 本也是中国的三倍。 而由于美国在稀土精炼领域的技术落后中国整整20年，导致美国缺乏关键分离技术，这导致即便是美国本土开采的数万吨稀土矿石也不得不送往中国进行提 纯。 中国在稀土方面的管制，有着切身体会的就是美国的一众军工复合体。 5月12日中美双方发表《中美日内瓦经贸会谈联合声明》中提到了"暂停非关税反制措施"，这并不意味着中国对美国的稀土限制就会取消，中方取消的仅仅 只是4月2日之后的反制措施，在4月2日之前，镓、锗、钨等战略矿产管制并没有解除，因此对于美国 ...