refinery · China

Ganzhou Separation Complex

The centre of global heavy rare earth separation capacity.

OperatingProductionProject score 88

Operator

Independent

Country

China

Mine life

—

Capex

—

Profile

Resource, economics and jurisdiction

Resource: Processes ionic clay feedstock into separated heavy rare earth oxides.
Production: Supplies the majority of global dysprosium and terbium.
Economics: Effectively sets the global heavy rare earth price.
Infrastructure: Fully integrated chemical and power infrastructure.
Jurisdiction: Elevated policy risk
Ownership: Chinese state-linked rare earth groups
Region: Jiangxi

Overview

The centre of global heavy rare earth separation capacity.

Methodology

Version v0.1

Resource Quality: 91 (weight 1.2) — Grade, continuity and metallurgical complexity of the resource.
Project Scale: 93 (weight 1) — Annual output potential relative to the global market for its primary mineral.
Development Stage: 88 (weight 0.9) — How far the asset has advanced toward or through production.
Jurisdiction: 93 (weight 1.1) — Political stability, permitting predictability and rule of law.
Infrastructure: 91 (weight 0.9) — Access to power, water, transport and processing capacity.
Economics: 89 (weight 1.2) — Cost position and margin resilience through the price cycle.
Strategic Importance: 98 (weight 1) — Relevance to national critical mineral strategies and allied supply chains.
Supply-Chain Value: 96 (weight 1) — Whether the asset relieves a genuine downstream bottleneck.
Sustainability: 90 (weight 0.9) — Carbon intensity, water use, tailings approach and community standing.
Execution Risk: 88 (weight 1) — Technical, financing and schedule risk to reaching nameplate output. Higher is lower risk.