A worker assembles parts in the mining truck production workshop of Inner Mongolia North Hauler Joint Stock Co. The company has achieved technological breakthroughs in the core components of 220-ton, 236-ton, and 330-ton electric wheels, with a domestic market share of over 80 percent. [Photo/Baotou news network]

The Baotou Rare Earth High-Tech Industrial Development Zone has built three characteristic parks in recent years: the Rare Earth Application Industrial Park, Hope Industrial Park and High-end Equipment Industrial Park – forming an industrial cluster focusing on rare earth, non-ferrous metals and high-end equipment manufacturing.

The rare earth industry is accelerating the implementation of magnetic materials projects and generating an output value of more than 40 billion yuan ($5.97 billion).

The non-ferrous metal material industry is accelerating the implementation of projects such as 100,000 metric tons of recycled aluminum, and striving to achieve an output value of more than 45 billion yuan.

The equipment manufacturing industry is accelerating the implementation of projects such as unmanned smart mining trucks and promoting the realization of an output value of more than 7 billion yuan.

The top 10 domestic rare earth magnetic material enterprises have settled in six high-tech zones, and the production capacity of new rare earth magnetic material projects has reached 72,500 tons. Rare earth raw material products produced by environmental protection technology account for more than 80 percent of the national total.

The high-quality development of the industry would not have been possible without advanced technology. The zone has formulated an action plan for the development of high-end, green and intelligent industries in 2022 and accelerated incentives for industrial enterprises above designated size to achieve full digital coverage.

From January to April this year, the added value of the three leading industries in the rare earth high-tech zone accounted for 85.1 percent of the added value of all industries above designated size, a year-on-year increase of 34.3 percent, 4.6 percentage points higher than the average growth rate of industries above designated size.