Shenghe ( 20.85 -0.48%, clinic ) announcement, together with the Institute of Comprehensive Utilization of Mineral Resources of the Chinese Academy of Geological Sciences and Longbai Group ( 20.66 +0.05%, clinic ) Co., Ltd. signed the "Strategic Cooperation Framework Agreement", the rare earth resources such as monazite produced by Longbai Group will be given priority to supply Shenghe Resources, and the titanium concentrate and zircon sand produced by Shenghe Resources will be given priority to supply Longbai Group; The Group has jointly developed the technology of yttrium oxide, niobium pentoxide and thorium dioxide rich in titanium and zirconium waste acid, and sold it to Shenghe Resources first after successful separation.