The key construction project in Shaoguan City --- the Xinfeng rare earth separation project of the Zhongse Southern Rare Earth to process 7,000 tons of rare earth per year, has passed the assessment of the international consulting firm and the Ministry of Environmental Protection Department and entered the land pre-trial and social stability maintenance risk assessment stage.

Early at the beginning of the workday of this year, Xinfeng county has organized a theory-learning group and invited Tu Ganhua, the deputy general manager of the Xinfeng Corp., Zhongse Southern Rare Earth and rare earth expert, to carry out the "understanding of rare earth seminars and collectively learned Rare Earthindustrial development-related knowledge and complicity of rare earth industry development plan. Nearly 300 people including the county authority and the principal leaders of the towns (street).

Mr. Tu firstly introduced the latest news about the city's key construction projects, that is the rare earth product of processing 7.000 tons of rare earth of Xinfeng Corp. Subsequently, he explained in detail the basic knowledge of the rare earth elements, and carried out the analysis of the situation of China's rare earth resources, introduced rare earth products' wide range of applications and discussed with the participants on how to develop, use and protect the local rare earth resources in Xinfen, so as to cultivate feature industry and accelerate the development of the economy.

             


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Honda developed a new method, which is extracting rare earth metals from the waste batteries and other products for recycling and manufacturing new batteries again.

There is no doubt that electric vehicles and hybrid electric vehicles are cleaner cars. Compared to fuel vehicles, they emit lower, even zero exhaust gas.

Whether grid charging emits greenhouse gas depends on the source, but the battery itself is also a problem. In addition to the greenhouse gas, mining rare earth metals also produce pollution.

Recycling can reduce the demand for raw materials extraction, such as aluminum, whose recycling utilization rate of 100%. Compared with mining aluminum ore, recycling consumes less time and energy, and lowers greenhouse gas emissions at the same time.

Honda revealed they can extract more than 80% of the rare earth metal from those used batteries to make new electrodes of  new batteries. In this way, The demand for new materials will be reduced to below 20%.

Later, Honda plans to expand the recycling project to other rare earth sources, including old batteries from electric motorcycles as well as scrap metal recycle bins.

                  


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In recent years, rare earth products has been in oversupply situation, and there even appeared the price war, which not only led to some product prices falling more than 40%, caused a great deal of pressure on profit margins for products, and forced many of the poor performed corporation into bankruptcy, even if most of the existing enterprises are operated under a very low profit.

According to the analysis of the business communications company in the United States, it seems that the situation reached its lowest point and there's an expectation of reversing this situation. Particularly with the growing of the demand of automobile, computer, consumer electronics products and mobile electronic devices, the application of rare earth, especially in the automobile exhaust catalysts, permanent magnets, and rechargeable batteries will continue to increase. In the next few years, the demand of Neodymium and cerium for permanent magnet and automobile exhaust catalytic converter  will increase in a larger rate. In addition, Ni-MH batteries, medical devices, sensors, dental and surgical lasers will also demand for more rare earth. Magnetic refrigeration will be commercialized and Erbium-doped optical fibers will enter a new round of demand.

Therefore, the U.S. commercial communications company predicted that the global demand for rare earth in the next few years will grow at the speed of  an annual 3.2 percent rate and reach about 90,000 to 100,000 tons. In that time, the world's rare earth output value will reach $ 2 billion.

              


Rare Earth Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
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