Australian rare earths company Lynas CEO Eric Noyrez Thursday (the 12th) said that based on the primary end-market forecasts of future demand, is expected by 2020, the global rare earth markets will grow 5% -6% growth rate, while some elements the growth rate will be faster.

Eric Noyre on Thursday (12 May) at the 2013 annual meeting of the International Rare made ​​the above remarks.

"But if there is no long-term stability of prices and supply, so that would not play such rare earth market potential." Eric Noyre said.

According to Eric Noyre said, Lynas Malaysia, LAMP Project Phase II project will be three quarters of production, production capacity, and a two, like, the same as 11,000 tons / year.


Rare Earth Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com

Advantage for the rational development of mineral resources and protect the ecological environment mining, Chinese Ministry of Land Resources recently issued 2013 annual rare earth ore mining tungsten ore antimony total control, which in 2013 the national total control of rare earth mining 93,800 tons.

Reporters on the 12th from the Ministry of Land and noted that according to the "National Mineral Resources Plan 2008-2015" and the MLR targets on total control of mining minerals Interim Measures on Management of Land and Resources study identified 2013 annual rare earth ore, tungsten ore and antimony mining total control. 2013 annual national rare earth oxide ore mined REO total control of 93,800 tons, of which ionic dominated by heavy rare earth targets 17,900 tons of rare earth minerals, rock-and-light rare earth ore targets 75,900 tons. The tungsten content of 65% tungsten trioxide total control of mining 89,000 tons, 71,000 tons of which the main mining index, utilization indicators of 18,000 tons; antimony ore controlling the total amount of metal mining was 98,000 tons, of which the main mining index 75360 tons, 22,640 tons utilization indicators.

Ministry of Land and urged all provincial land and resources departments should strictly follow the regulations, good indicators of decomposition and release work, and timely indicators break down cities and counties, to the enterprise, graded responsibility, layers of implementation. MLR also urged all localities to strengthen statistical reporting and supervision.


Rare Earth Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com

Russia will invest $ 1 billion rare earth production, aimed at reducing dependence on China. At present China controls 90% of global rare earth supply of the market. United States, Japan and the European Union had accused China of manipulating its rare earth industry, the WTO, claiming that Chinese attempts to restrict supply to push up prices at the same time it has won a competitive advantage.

Rostec and IST is Russia's industrial and defense industry giant Alexander Nesis's investment company, has agreed to invest rare earth production in 2018, $ 1,000,000,000. Rostec goal is to have 2017 to achieve self-sufficiency rare.

An insiders, the Russian president and the government set up the task of expanding the rare earth production, because the Russian inventory is almost depleted. The source said that as the major producers a substantial increase in China rare earth prices, the need to rebuild inventories.

Rostec and IST venture company TriArkMining has received 82,653 tonnes of monazite concentrate acquired rights, the ore is stored in the Russian Urals Sverdlovsk state Uralmonatsit warehouse.

From the beginning of 2015, the next 7-8 years the joint venture from warehouse storage monazite concentrate extract 40,000 tonnes of rare earth. These inventories are rich in heavy rare earth elements such as dysprosium and terbium, these elements on the automotive, defense and clean energy industry must be high-energy magnetic material is essential. Heavy rare earth elements cerium and other light rare earth elements than scarce, making it more valuable.

Rostec said that Russia's annual consumption of about 1,500 metric tons of rare earth, is expected to reach 6,000 tonnes in 2020.

Rostec has eight broad defense materials production company, depending on the rare earth elements as a strategic raw material.

Chinese rare earth production ceiling set in 2013 93,800 tonnes, aimed at controlling the illegal exploitation of the industry.

Russia's rare earth production accounts for only 2% of world production, if there is no new projects coming years, Russia's share of production will drop to 1.5%.

ICT will be the joint venture's managing partner in industrial engineering, mineral processing and hydrometallurgical plant building experience will be of great benefit.


Rare Earth Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com

Since purchasing and storage of rare earth has not yet issued a formal document, manufacturers are still waiting to see, do not rush to ship; while traders eager to ship, Tuesday lowered many varieties offer.

According to statistics, 17 heavy rare earth dysprosium continue down 2 percent, which is the second last Friday (the 13th) is another callback down 2.1%; light rare earth neodymium oxide, praseodymium still offer high steady.

The Department of dysprosium oxide offer lower prices rose sharply by the end of June to the fourth callback, while lower offer along with lanthanum oxide, cerium, lanthanum, cerium, lanthanum, cerium mixed metal, dysprosium iron, dysprosium and gadolinium oxide , down not by much, analysts said, although prices are down, but the deal is still deserted.


Rare Earth Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com