WTO preliminary ruling proceedings against China Rare Earth light rare or meet challenges
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- Category: Rare Earth News
- Published on Monday, 28 October 2013 10:01
- Written by HJF
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According to Japanese media reported on the 25th , the World Trade Organization (WTO) dispute settlement panel has preliminary support for Japan, the United States and the European Union on Chinese control of rare earth export tariffs violate WTO rules opinions.
Reporters from the parties confirmed the news . One from Inner Mongolia, sources said , WTO panel had submitted to the Chinese parties a preliminary decision that China 's rare earth export tariffs contrary to the 2001 accession to the World Trade Organization commitments.
Subject: RE litigation China strive
Press the " China Accession Protocol " agreement , China exported products should be abolished for all taxes , unless expressly provided . Annex lists 84 kinds of products specified rate . Wherein the rate of about 10% of rare earth . This should be the duty of the highest standards for collecting rare , but exceptions .
And in 2012 , China's rare earth export tariffs of 25%.
The source said , according to regulations , Chinese exports of rare earths should follow WTO commitments . Apart from export tariffs, the next step will also be faced with rare earth quota system abolished.
WTO litigation on earth , China Securities Network September once "WTO litigation outcome fastest at the end of the great bull market of rare earth policy combing brought " as a theme for in-depth coverage .
Outside WTO panel is expected to consult the views of interested parties in mid-November at the earliest after issue its final report . If the parties are not satisfied with the report to the WTO 's highest court appeal.
Rare earth industry an authoritative source , the decision against China , but the results expected. Next, China will further complaint .
The authorities said that China's rare earth resources, especially in the heavy rare earth supply, and environmental pollution is serious, then to 2000 levels , to impose export tariffs on unfair ; another horizontal contrast rest of the world for copper , nickel, etc. scarce resources export tax is also far more than the 10% level . To this end, China rare earth export tariffs increase is reasonable .
It is said , WTO litigation fastest at the end of the outcome.
Experts said that according to regulations , adjust the new export tariff and quota policies can have a grace period of six months to one year , which may be no later than early 2015 RE tariffs, quotas fully liberalized .
Before 2009 , China rare earth prices have a prolonged slump , which compete with domestic enterprises competing prices exporting to some extent. And currently , the rare earth industry overcapacity more serious. People are very worried about , there is no quota management system , the rare earth industry to return "cabbage price " era.
Solution: build a large group
Counselors' Office of the State Council of China Nonferrous Metals Industry Association's 2013 China Rare Earth Forum on the 26th held in Guangzhou. MIIT RE Office Jia Yinsong detailing the restructuring of China's rare earth policies .
He revealed that the rare earth industry little messy situation has improved, but the need to further promote the formation of large enterprise groups .
Insiders , WTO rules do not support the number of Member States to restrict exports and setting high tariffs behavior , but allows member states to manage exports through export qualification . Of formation of large rare earth enterprise groups can contain rare earth Luancailuanwa , effective management of rare earth exports .
This year, our efforts to rectify the earth Luancailuanwa space , many illegal trade of people have been held criminally responsible , but also for the purpose of possible litigation against WTO rare earths results rainy day.
The Association Vice President Wang Qin China Nonferrous suggestions, LREE classification management ; production of mandatory plans to play the role of markets ; establish Rare purchasing and storage system .
Some analysts have said that by communicating with the WTO after the release of some varieties may be exported , namely light and heavy rare earth export of differentiated management , such as the light rare earth export management to some extent liberalized, but the heavy rare are still implementing conservation policies.
Challenge: light rare earth or bear the brunt
From LREE or differentiated management point of view , WTO litigation exports of rare earths after the New Deal , once implemented , the biggest variable is the light rare earths .
If you release the light rare earth exports , the impact will be much ?
Last two years, China's rare earth exports decreased significantly in 2012 rare earth export quota only half , for two main reasons : one is the 2011 rare earth prices have rocketed ; Another is rare earth export tariffs raise the cost .
Exports of rare earths after the opening , along with cost reduction , China Overseas orders may increase. In addition, only 10% of the low tariff levy will squeeze smuggling enterprise or living space , the formal large enterprises more profitable .
In addition, the light rare earths , is about 75% lanthanum oxide , cerium oxide , 25% neodymium oxide, praseodymium . This year, although domestic sales of active neodymium oxide, praseodymium , cerium oxide, lanthanum , but demand for light , the price rarely picked up, but these two species are selling well overseas . Rare New Deal, cerium oxide, lanthanum market or start .
However, the global light rare earth rich in natural resources , coupled with overseas expansion, as well as more than 1,000 Chinese traders or dumping, light rare earth market competition will be fierce . Face more downward pressure on rare earth prices .
Baotou Steel Rare Earth to be operational in November China's rare earth exchange to dominate the global rare earth prices . When the light rare earth or staged price war .
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Rare "hitting" normalization will supervise illegal localities and enterprises
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- Category: Rare Earth News
- Published on Monday, 28 October 2013 09:58
- Written by HJF
- Hits: 1641
October 26 , in 2013 China Rare Earth Forum, the National Director of the Office Jia Yinsong earth that will be on earth " black industry chain" for normalization strikes, reducing private sources on rare earth mining and illegal interference with the normal market order .
Insiders said that since August this year, rare earth "anti " since, as the private market supply of rare earth ore reduction , combating normalization, and the formation of large-scale systems industry group norms to control production capacity, will help rare earth prices continued to rebound.
Supervise the handling of serious violations
In recent years, China has implemented rare earth export quota of rare earth invoices and other policies , rare earth prices have soared , spurred mining and smelting of rare earth separation , also stimulated the production and circulation of the earth " black chain ."
October 21 , Hohhot Customs seized smuggling of rare earth revealed major parties raised concerns that the Customs verified Baotou City, Vietnam, a company with a company in collusion smuggling of rare earth in one fell swoop and arrested five suspects and seized 130 tons of rare earth involved , worth 12,100,000 yuan . In fact , this is only since last year to combat rare " black chain " special action of a microcosm.
October 26 , organized by the China Nonferrous Metals Industry Association 's 2013 China Rare Earth Forum, the Ministry of Industry and Raw Materials Division inspector , national director of the Office Jia Yinsong earth , told reporters that the Ministry will continue to the next step to crack down on earth " Black chain " efforts, " suspected of serious violations of local governments and enterprises , implementation of the supervision . "In addition, the Ministry will also supervise the handling of the special rectification and conduct joint inspection process , not in place for remediation places reprimand, rare earth " hitting "Work normalized.
Jia Yinsong introduced in 2011 and in 2012 the Ministry of Industry and the Ministry of Public Security , Ministry of Environmental Protection and other eight departments have carried out two rare earth industry order special rectification action , exploration and exploitation of non-compliance identified more than 600 , destroyed 14 illegal mining sites , about more than 90 separate mineral smelting enterprises suspend production for rectification , found 14 cases of smuggling , the confiscation of more than 2,600 tons of rare earth , worth 440 million yuan .
Since August this year , the Ministry once again combined eight departments of the rare earth mining , production, circulation of illegal activities for a period of three months against the special action .
"From the first phase of special rectification of view, illegal trade in rare earth minerals , unplanned , ultra- planned production , resource utilization in the name smelting separation phenomenon is still more prominent. " Jia Yinsong said , " As of now , the local self-examination is over , are gradually Meeting with the results , will be based around the results reported , to carry out the next steps. "
In response to the current market chaos , Jia Yinsong revealed that the fiscal policy through the industry to fully mobilize the enthusiasm of local governments , and promote market-oriented operation , with enterprises as the mainstay, to promote mergers and acquisitions, and to accelerate the formation of large rare earth industry group , thereby integrating separate smelting enterprises, resolve the excess capacity to form a reasonable price mechanism .
Businesses to benefit from the price of rare earth warmer
The industry believes that the relevant state ministries on earth " black chain ," the normalization and the formation of rare earth industry groups fight , which will lead to the private market, the impact of rare earth minerals on the normal decrease in the price of rare earth market gradually pick up .
China Nonferrous Metals Industry Association revealed that from January to August this year , China's rare earth mining and smelting industry realized main business income of 45 billion yuan , down 14.9% , a profit of only 3.2 billion yuan , down 62.1% ; fixed assets invest 6.2 billion yuan , an increase of 19.2% , of rare earth products import and export trade $ 1.4 billion , down by 39.4% .
China Nonferrous Metals Industry Association, Chen complete training that year, the rare earth industry, the main business income and a decline in import and export trade , mainly due to the fall in the price of rare earth products at home and abroad , and in addition to rare earth prices fell sharply because of weak domestic and international markets , also with the " black earth " unplanned mining related .
" black industry chain expanded rapidly, crowding out the market share , but also makes the normal supply and demand are distorted , compliance, corporate interests, enthusiasm for production under attack . " China Nonferrous Metals Industry Association Information Center against analyst Chen told reporters .
However , Chen made that MIIT combat the " black earth " and related industrial policies are improving market order and market expectations, Chinese rare earth enterprises the ability to control the scale of production is increasing, but also will support the recovery and high rare earth prices .
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China Rare Earth Products Exchange will be held on November 8 test run
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- Category: Rare Earth News
- Published on Friday, 25 October 2013 16:05
- Written by HJF
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Reported that China will be on November 8 officially commissioning rare spot trading platform - China Rare Earth Products Exchange .
Gu Ming , general manager of the Exchange as saying that specific variety of transactions has not been determined .
The exchange is located in Baotou, Inner Mongolia . China produced more than half of light rare earth metals from Baotou . Chinese rare earth production accounts for the global rare earth production about 95 percent .
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Ministry to increase the exploitation of rare earth industry remediation efforts
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- Category: Rare Earth News
- Published on Friday, 25 October 2013 16:49
- Written by HJF
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Rare concept detonated there are two main factors . First, the Chinese Society of Rare Earths on October 14 , said purchasing and storage of rare earth is expected to honor the month , is expected to reach ten billion yuan entire purchasing and storage tray , purchasing and storage varieties praseodymium , neodymium oxide, dysprosium and other heavy rare earth . Society of Rare Earths source also said that the policy of promoting downstream applications are in the pipeline. Second, the United States and Europe working on Chinese rare earth export policy sued to WTO, the outcome of litigation fastest at the end of the outcome. To this end, China is brewing a number of New Deal response to export changing situation , including smuggling crackdown , the proposed introduction of "Rare Management Regulations" , the formation of large groups , and prepare different varieties of rare earth differentiated management. Recently, Ganzhou Rare Earth private mining region 's comprehensive blow to boost rare earth prices.
Analysts believe that , along with the Ministry and other relevant departments to increase the rare earth industry, mining, smelting and circulation of remediation efforts, as well as to further expand the scope of application of rare earth , rare earth industry in the production and circulation order as well as downstream demand is expected to improve. With increasing the degree of industry consolidation and orderly competition will boost the healthy development of the whole earth industry , industry concentration will be improved before the end of listed companies directly through mergers and acquisitions to become a large group of rare earths is expected to heat up. But in the long term , demand for rare earths still in the doldrums , and the continuity of policies , effectiveness pending , rare earth permanent magnet plate after market policies or face greater risk of callbacks , and once cut export tariffs with WTO requirements and release of export quotas , rare earth market will face shocks.
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Xingtai City, rare earth and other prohibited or limited batch project faces
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- Category: Rare Earth News
- Published on Friday, 25 October 2013 16:01
- Written by HJF
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Xingtai city government office recently issued a notice requiring all localities and relevant departments in the air pollution control period ( 2013 - 2017 ) to strengthen the industrial pollution management project approval , a total of 27 categories of items are prohibited or restricted approval of construction .
According to the notification , which may cause serious pollution to the atmosphere of 13 investment projects in industry , is a city and county ( city, district ) approval, filing purview prohibit approval of construction ; require investment authority above the provincial level , the record , city and county ( city, district ) shall declare upwards . These projects include : coking project ; sintering, pelletizing , blast furnace , BOF and EAF steelmaking , hot rolled strip steel production such as iron and steel production capacity and supporting the project ; electrolytic aluminum, copper smelting , lead smelting , magnesium smelting, zinc smelting and other non-ferrous metal smelting projects ; gold mining , smelting and mining of rare earth metals mining, dressing, smelting, separation project ; ferromanganese, ferrochrome, ferrosilicon, ferro molybdenum , titanium , vanadium, iron , nickel, iron , boron, iron, phosphorus iron, calcium silicate , alumina , manganese and other ferroalloy projects ; cement clinker production line , cement grinding station project ; flat glass production line ; building ceramics production lines, sanitary ceramics tunnel kiln production line, the line gypsum board production line, coal gangue solid bricks ; kiln and grinding projects ; calcium carbide production projects ; coal -fired power generation projects ( excluding more than 300,000 kilowatts cogeneration ) ; coal as fuel and raw materials other industrial projects ; other possible pollution of the atmosphere items.
Meanwhile, the potential to cause a greater impact on the environment 14 categories of investment projects approved limit , energy consumption and implement the most stringent emission standards and controls for the total scale . County-level approval, filing , and project energy assessment documents and environmental impact assessment documents were submitted to the municipal authorities shall review the record. These projects include : petrochemical, chemical , coal chemical , salt chemical projects ; pulp and paper project ; electroplating production line project ; leather, cowhide, sheepskin , pigskin leather items , such as processing ; dyeing production line ; liquor, beer , soy sauce , vinegar brewing class project ; casting, forging craft projects ; MSG, lemon , enzymes , yeast and other production projects ; corn deep processing projects ; there extraction, synthesis of traditional Chinese medicine, chemical and pharmaceutical projects ; materials processing project ( ban approved project except ) ; metal mine , non-metallic mineral mining and dressing items ( excluding items banned batch ) ; paste-type zinc-manganese batteries, nickel cadmium batteries, lead-acid batteries, alkaline manganese batteries and other battery project ; others may cause a greater impact on the environment projects .
It is reported that the city government will establish project approval of construction supervision mechanism , in violation requires approval, filing but not yet started the project , to cancel its approval , filing procedures , has started construction of ordered stopped. Violation of requirements for approval, filing and has formed a project started construction of fact , in accordance with the relevant procedures of cadre management , given the relevant county and municipal government leaders , leadership and relevant departments responsible person dismissed from his post .
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