Xiamen Tungsten Co., Ltd .（ XTC for short）, founded in 1958, listed at Shanghai Stock Exchange in 2002, is a well-known manufacturer of tungsten, molybdenum and new energy materials in China, the largest tungsten producer in the world and one of the six rare earth groups approved by the Ministry of Industry and Information Technology. XTC has been among China’s top 500 companies for six years on end since 2010. Fujian Changting Golden Dragon Rare-Earth Co., Ltd. (GDRE for short), affiliated with XTC, set up three production bases in Changting, Longyan and Huangpu, Guangzhou, with a capacity of rare earth separation 5000tpa ( tons per annum), high purity rare earth oxides 2000tpa, phosphors 1300tpa, rare earth metals 6000tpa(2000tpa in the initial phase), NdFeB 6000tpa(3000tpa in the initial phase), and magnet coating 2500tpa. The total investment thereof amounts to RMB 4 billion. GDRE covers an area of 400,000m2 and has a staff of 1500. With a complete in-house industrial chain from mining to rare earth separation, to metallization, to hydrogen-storage alloy, to phosphor and finally to magnetic materials, GDRE has been regarded as the most competitive and promising emerging company in the rare earth industry in China. Fujian province is the main producing area of ion-absorption type rare earth ore in South China. Rare earth resources in Fujian province, rich in heavy and middle rare earths, are developed relatively late and thus well protected. The prospective rare earth reserves rank top three in China and are estimated at a good 4,000,000 tons among which are 950,000 tons of didymium, 130,000 tons of dysprosium, 24,000 tons of terbium and 7,000 tons of lutetium. XTC, as the leading company to consolidate the rare earth industry in Fujian province, set up joint ventures “Longyan Rare Earth Development Co.,Ltd” and “Sanming Rare Earth Development Co.,Ltd ” with local governments at places that are rich in rare earths and holds the majority shares. XTC developed a unique “five unification” management model(dubbed “Fujian Model”), namely unified planning, exploration, pricing, purchase, and distribution, for the comprehensive exploitation and utilization of rare earth resources and harmonizes mining with environment protection, which is highly praised by governmental authorities. Rich rare earth resources not only give firm support to the long term development of GDRE, but also guarantee a stable raw material supply for its customers. The Rare Earth Element Strategic Business Unit of GDRE(REE SBU for short), is adept in flexible production and product differentiation and capable of separating 15 individual rare earth elements through advanced fuzzy linkage extraction, non-saponification, automatic control technology etc. Product quality and properties are so enhanced and customization is available upon request. REE SBU set up the first enclosed dust-free high purity production line in China, which eliminates the effect of foreign impurities on product quality. Meanwhile, unique precipitation and calcination technology narrow the particle distribution through control of water temperature, flux, pressure and solvent density etc. and keep the grain appearance intact. Moreover, automatic control and sound QC systems guarantee stable quality. GDRE also developed a recycling system to do its part to protect environment and reuse rare earth resources. GDRE values R&D and innovation much. It invested 200,000,000 RMB for Rare Earth Material Institute, affiliated with XTC’s in-house China National R&D Center for Tungsten Technology and attracted experts on rare earth functional materials from both home and abroad. With industry-university-research cooperation with Chinese Academy of Sciences, Tsinghua University, Central South University, Xiamen University, and other institutes, and through digestion and innovation, GDRE is committed to the R&D of new technologies for high-performance rare earth materials. Haixi Rare Earth Institute of Chinese Academy of Sciences and Xiamen New Energy Materials Engineering Research Center, jointly set up by XTC, Chinese Academy of Sciences, and Xiamen Municipal Government further paved the way for the sustainable development of GDRE.Quality and customer satisfaction are our top priority. Our super-high-purity, small-grain-size, low-impurity, and good-crystal-shaped rare earth oxides are widely used in petroleum catalyst, metallurgy & chemistry, biomedicine & medical care, functional ceramics, optical glass, permanent magnets, laser crystals, military and national defense etc. GDRE is orientated towards customization, differentiation and diversity and always ready to bring more convenience to customers through the internet and the internet of things. Years of tireless efforts have finally been rewarded with great recognition from all walks of life and honors like “Provincial Famous Brand”, “Provincial Enterprise Technology Center”, “Key Enterprise of Strategic Emerging Industries”, “National High-tech Enterprise”, “Post-doctoral Research Station”, and “Accredited National Laboratory” etc. Our products and services are well accepted and highly praised by customers worldwide. The field of activity is vast with brilliant prospects where much can be accomplished. GDRE will strictly adhere to XTC’s company tenet, namely “self-value of employees, satisfactory services to customers, rich returns for shareholders, harmonious development with society”, and capitalize on XTC’s rich resources and its own comprehensive advantages to establish world-class rare earth industrial bases and finally build itself into a model enterprise and a shining star in the rare earth materials and application industry .
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