RE regulatory upgrade the Ministry will establish a rare earth products traceability system
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- Category: Rare Earth News
- Published on Monday, 02 February 2015 14:57
To promote the integration of two of the depth of industrial raw materials, and accelerating the transformation and upgrading of industrial raw materials, the Ministry of January 29 announced a "fusion of two of the depth of industrial raw materials Promotion Plan (2015-2018)", proposed to establish a rare earth mining regulatory system to achieve long-term dynamic monitoring of the illegal exploitation of rare earth mining, water pollution, destruction of vegetation and other conditions; relying on key units, such as the establishment of rare earth products traceability system.
Establish and improve the industry regulator and product traceability systems, "Promotion Plan" shows that the establishment of rare earth mining regulatory system to achieve long-term dynamic monitoring of the illegal exploitation of rare earth mining, water pollution, destruction of vegetation and other conditions. The establishment of nationwide compliance monitoring and management information system, strengthen the monitoring of key chemicals production, operation and use of on-line monitoring and management. Relying on key units, the establishment of rare earth, fertilizer, pesticides, hazardous chemicals, such as product traceability system that uses the Internet of Things, RFID, EAN and other information technology, the establishment of a database product traceability, traceable source, to prevent counterfeiting, product into the market of unknown origin circulation, enhance corporate brand benefits.
"Promotion Plan" also shows that will rely on a large rare earth group in Ganzhou, Fujian and other key mining rare 2-3 home construction digitized mine rare demonstration project. The use of database technology, computing and mine reserves dynamic three-dimensional digital modeling and other modern information technology, the establishment of reserves of rare earth mining and production processes visualization model and implement dynamic management of rare earth reserves, production of intelligent control and monitoring of geological disasters, increase the use of rare earth resources rate intelligence and enterprise management level.
The main objective of "promoting the plan" is to the end of 2018, the standard guide, platform services, leading demonstrations, popularizing both the depth of industrial raw materials, the initial formation of the fusion propulsion mechanism. In terms of industry guidance, included in the pilot unit 122 through the fusion of two enterprises of all raw materials management system certification standards, the development of 300 key technical standards, research and promotion more than 10 sets of industry integration of the two solutions.
In platform construction should make significant progress, the construction industry, from 6 to 8 key common technology platform for innovation, 8 to 10 third-party e-commerce and logistics platform, from 4 to 6 industrial cloud services platform, 3 to 4 big data platform and rare earth, agricultural, hazardous chemicals and other key industries management platform.
Also to build a 15-20 benchmark foster intelligent plant, raw materials and medium-sized enterprise digital design tools penetration rate of over 85%, the key process NC rate of over 80%, advanced process control and put into use more than 60% of key positions to promote the 5000 robot a.
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Multiple rare earth products prices continue to rise merchants bullish outlook
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- Category: Rare Earth News
- Published on Friday, 30 January 2015 14:33
This week most of the rare earth market or stable or rising prices, a number of trends in product prices significantly, there are businesses that offer prices may not be indicative of active demand, but at least that the market's expectations of a better outlook, many businesses are still bullish outlook.
Currently praseodymium neodymium products market, praseodymium, neodymium oxide, praseodymium and neodymium metal supplier bullish still reluctant to sell, offer more frequent adjustments. Today, there are businesses continue to offer up, the larger the magnitude of the gap. According to the supplier in Shanghai now praseodymium, neodymium metal band tickets have been adjusted from 373,000 to 375,000 yuan / ton, the weekend quoted at 368,000 yuan / ton. And Ganzhou represent a supplier with a vote now have to report 380,000 yuan / ton, there are other local traders said the price is higher than the price of the mainstream, but also with respect to the business late neodymium praseodymium might also rose. Current price relative to the weekend or about 5,000 -1 Wan / ton. Neodymium praseodymium oxide market, according to traders reflect Ganzhou prices are still 290,000 yuan / ton, traders said there are other industry today continue to hike three thousand dollars / ton to 293,000 yuan.
This week dysprosium, terbium, gadolinium, europium, erbium and other products offer different ranges also rose, including dysprosium, terbium oxide, rose more significant. Gadolinium oxide relative price quoted last week there are 2-5 thousand Yuan / ton increase, the current mainstream market quotations about 7.8-8 yuan / ton. Praseodymium, neodymium oxide single market prices also rose steadily, near the end of the year, reducing the supply of low-cost suppliers, coupled with the market outlook is expected to turn positive, shipping prices raise 5,000 -1 Wan / ton.
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RE RE business to reflect some of the products out there are immeasurable price
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- Category: Rare Earth News
- Published on Thursday, 29 January 2015 14:44
RE market temporarily held steady today, because recent changes in the market for some products faster or because no goods out, some vendors said that before watching the market, do not quote or offer steady or offer unrealistically high. Currently dysprosium, terbium products market relatively strong, businesses offer more frequent adjustments, praseodymium, neodymium market inquiry also occurred.
According to a trader Ganzhou terbium oxide, said now there is a business report quotes 3700 yuan / kg, but the actual transaction price is not so high. Also dysprosium market, vendors offer 1.65 million / ton, the actual transaction price is slightly lower, trading volume is not large. Another local businesses that trade is indeed out of stock, source of supply for two days to know the price of dysprosium were more than 1.6 million. In addition, dysprosium, terbium price of Chinese rare earth products industry associations also appeared significantly upregulated.
Market prices for raw materials, downstream demand businesses stay on the sidelines or on-demand procurement basic mentality, there are companies that this year the South Magnetic overall business is bad, poor earnings, will leave immediately, to rising raw material prices and not so positive attention.
For the rally, some traders have expressed the hope that the price can rise further performance, the current price is relatively high cost of inventory available before, or whether low. No part of clearing inventory stocks to watch traders also believe that short-term market outlook is still rising main, while market participants believe that the current market is not normal, the demand is not so optimistic about the market or the year after a slight pullback.
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China's rare earth resources tax year tariff adjustment or cancellation imperative
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- Category: Rare Earth News
- Published on Wednesday, 28 January 2015 14:39
If the rare earth export tariffs were canceled, smuggling of rare earth profits will be significantly reduced and bear greater risk, then the enterprise will naturally turn to informal channels, smuggling of rare earth or will disappear.
January 21, at a regular press conference held at the Ministry of Commerce, Ministry of Commerce spokesman Shen Danyang, announced that, in accordance with changes in domestic and international market development, and approval of the State Council, the Ministry of Commerce decided to January 1, 2015 start Cancel rare earth export quotas and export tariffs retain until May 2, 2015. In other words, beginning May 2 of this year, China will abolish tariffs on exports of rare earths.
While the industry has long predicted will cancel tariffs on exports of rare earths, but I did not expect such a fast pace. For the cancellation of export tariffs and export quotas of rare earth will soon be canceled, said Shen Danyang, which is to co-ordinate domestic and foreign markets, a specific trade policy options and resources, and is in line with the reform of resource products management system for a domestic rare earth measures, while also considering a policy adjustment related WTO rulings execution carried out.
Elimination of export duties or suppress smuggling
Rare earth export tariffs or canceled on May 2 this year the news came out, the secondary market for rare earth permanent magnet plates listed company's share price has reacted, sweeping away the haze a few days ago.
For rare earth export restrictions regime or to cancel, some analysts believe that this means that the full realization of the export of rare earth market management. The future management of the rare earth industry will be fully implemented in the domestic administration, however, leaving the country's rare earth industry regulation time only six months, hitting, resource tax reform, improve environmental protection and the effective purchasing and storage will become the next focus.
Since 2011, China's rare earth industry has experienced four years of adjustment, the bottom of the cycle itself has already reversed basis, the current price has dropped to the bottom of the industry recognized and less inventory has not become decisive suppress prices factors, in addition to the rare earth continued hitting some areas, the effect is significant. The analysts believe that China loses WTO fully liberalized under the forced exit can be considered a landmark event in China's rare earth industry, will accelerate the promotion of products such as rare earth resources management reform, or for high-level government renewed attention to the rare earth industry opportunity will improve the strategic position of the rare earth industry in the country.
Prior to review, because the existence of export quotas, many companies difficult to obtain export quotas, smuggling has become their means. Although many ministries have jointly controlled, but did not eradicate this phenomenon. Data show that, when in 2001, overseas Chinese rare earth export import statistics are statistics of 1.2 times, which means that the amount of rare earths smuggling has accounted for 120% of normal exports. So Insiders expect, if at all export quotas and export duties cancellation, will curb smuggling of rare earth on a certain extent.
In this regard, the Executive President of China WTO Research Institute of Foreign Trade University, Tu Xinquan think, after export quotas of rare earth is expected to significantly reduce smuggling. "After all, as long as the buyer, have a contract you can get the rare earth export license, we can engage in the export of rare earth."
Analysts more bluntly, the current Chinese export tariffs will light rare earth products to 15%, the heavy rare earth export tariffs to 25 percent in export quotas, export duties have not yet cancellation, smuggling of rare earth is still profitable. If the rare earth export tariffs have been canceled, the profit will be significantly reduced smuggling of rare earth and must bear a greater risk, then the enterprise will naturally turn to informal channels, smuggling of rare earth or will disappear.
Resource tax will be adjusted after the abolition of tariffs
It is worth noting that since the export quota has been canceled, canceled export duties soon, if China's rare earth resources incur a huge loss of it?
For the above speculation, the industry generally believe that if the export tariffs canceled, then the rare earth resources tax is bound to be adjusted. Since April 2011 China began to implement a new rare earth resources tax levied by ore, ore resource tax north of 60 yuan / ton, the South ore resource tax is 30 yuan / ton, after collection of standards for 0.5 yuan / ton - 3 yuan / ton. Market sources said rare earth resources tax levied by the way "from the amount of taxable" to "ad valorem." Northern light rare earth resources in accordance with the 22% tax rate will be levied, South ion mine will follow 35% taxable. Insiders pointed out that, according to the 22% tax rate to 35% of taxable resources tax, coincided with the rare earth export duties levied amplitude coincide "countries are likely to cancel the impact of countervailing duties by the resource tax reform." Many analysts had the case told reporters.
Industry analysts had a case, said: "From the national strategic sense, on the one hand, the state does not want to rare earth prices drop too low, on the other hand, the state always wanted to control pricing of rare earth, rare earth to keep possession in China. "
"But, by the resource tax adjustment only in one direction instead of the current export duties, as the fundamental goal of limiting exports of rare earths, it must protect the environment, conserve resources, since it is necessary to protect the control of production, rather than the control of trade, is a small mining fundamental. "stakeholders have rare Earth Society, told reporters.
However, although the rare earth resources tax instead of export duties may be the general direction, but in the rare earth mining areas is still difficult to completely control the tax. Thus, the domestic resource tax to replace tariffs will be a gradual process. In China Rare Earth Industry Association Deputy Secretary-General Chen Zhanheng opinion, in the short term, the price of rare earth after liberalization policy and will not be much affected, because the export price itself is determined by supply and demand.
"Theoretically speaking, in order to raise prices, the shift to a resource tax tariff which is possible, but the reality is concerned, due to the illegal exploitation of a very serious, China needs to further strengthen the development of rare earth resources and orderly management. To stabilize rare earth prices, specification management of rare earth mining, the key lies in a variety of relevant laws, including environmental laws, whether the strict implementation of the Mineral Resources. "Chen Zhanheng had said.
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NdFeB rare earth prices stabilize rising short-chain is expected to recover
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- Category: Rare Earth News
- Published on Tuesday, 27 January 2015 15:22
RE prices stabilize prices, NdFeB short-chain is expected to recover. Recent national intensive regulation of rare earth, light rare earth prices have gradually stabilized, heavy rare earth prices rose slightly. Steadily rising prices of raw materials in favor of the middle reaches of the industrial chain profitability improvement, otherwise it will generate financial costs. Due to the strong ability to shift the cost of NdFeB enterprises, cost-plus pricing can be cut more profit from bigger cake. From a historical analysis of the share price performance during the rare-earth prices, NdFeB company stock usually follow rose.
Q3 2014 four major listed companies to pick up gradually stabilized, we judge with the rare-earth prices and recovery in downstream demand, is expected to reflect the performance of the inflection point in 2015.
With air conditioning, as the representative of the energy saving industry demand has picked up, or will become the mid-than-expected factors. NdFeB fell sharply after experiencing now relatively ferrites have a comparative advantage once again, the air conditioning industry has a price basis reuse NdFeB; In addition, as in 2013 the new inverter air conditioner energy efficiency standards, the inverter air conditioner compressor neodymium iron boron has become a necessary condition, demand basis NdFeB reproduce, 2015 inverter air conditioner compressor will greatly boost recycling NdFeB incremental demand, or will lead to super-anticipated demand.
New energy vehicles, high-speed growth, boost NdFeB industry long-term prosperity. The main application of high-performance NdFeB downstream VCM market has become saturated, the future long-term space-core power from the automotive market. Especially the new energy vehicles are immense boost demand for neodymium, in 2020 the global demand for new energy vehicles will NdFeB It is estimated more than 50,000 tons, with an average annual growth rate is expected to exceed 60%, the new energy automotive industry will generate disruptive influence. Besides the demand for high-end NdFeB material Industry 4.0 will usher in an era of explosive growth. NdFeB industry or will usher in the golden age of the long-term.
Industry, "eight" structure appears, quality companies continue to strengthen competitive advantage. Since 2014, a continuation of last year's downturn in the overall magnetics business, but the difference between enterprises started to increase, high-end products show a "rainbow night", 20% of the company at full capacity to deal with the continuous release of high demand, 80% of enterprises closed or out of business, so the magnetics industry to capacity curtain went up on the quality of listed companies will continue to strengthen competitive advantage.
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Hong Kong traders were arrested for smuggling rare earths
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- Category: Rare Earth News
- Published on Monday, 26 January 2015 14:57
January 21, 2015, according to the British metal mesh is understood that several traders trying to smuggle rare arrested from Guangzhou to Hong Kong Customs, market participants confirmed to be true.
This event also shows the firm determination of the Chinese after the elimination of quotas to regulate the market order, crack down on smuggling of rare earth.
A trader in Hong Kong, said three traders attempting to evade customs duties on Monday, Hong Kong was arrested for smuggling rare. Currently 15-25% of the tariff is still rare.
A Singapore trader said he learned two traders were arrested. One attempt to transport 10 containers of lanthanum oxide to enter Hong Kong, and another attempt to smuggle lanthanum cerium alloy, was also arrested.
It is understood that the two traders suspected of smuggling 200 tons and 40 tons of lanthanum oxide, lanthanum cerium alloys. Market participants from China, also confirmed to be true, China began to vigorously combat illegal rare earths.
Singapore trader explains rare now entering our very strict control, cargo clearance times longer than before. This situation will continue until the Chinese New Year. In addition, as China's rare earth producers will gradually discontinued before the Spring Festival holiday, rare earth prices overseas or will be picked up.
A trader in Hong Kong, said he did not understand why these traders do not apply for an export license. He also said that now the cost of entry into Hong Kong's rare to be a lot more expensive, mainly due to the smuggled goods brought some port charges.
Nevertheless, due to export tariffs and other controls, there are still many illegal rare earth in large numbers in the market. Chinese government realized the strategic resource protection hazards and illegal rare earth, rare earth began to increase efforts to crack down on black.
Hong Kong and Vietnam are the emergence of a large number of illegal rare earth materials market. Some Vietnamese illegal exploitation of rare earth ore is transported to China for processing into illegal rare earth, and then go back from the border smuggling.
In October last year, Hong Kong Customs has appeared once a thorough investigation, that is to check smuggling and counterfeit jewelry, when operating hours are longer, the transport of rare earths also caused delays.
RE prices in Europe has not yet affected. Cerium and other light rare earth stocks Rotterdam still more, but relatively few other heavy rare earth such as terbium and dysprosium inventory. Recently China's prices are still higher, dysprosium, gadolinium and neodymium prices to rise to varying degrees.
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RE working meeting will be held to enhance the industry boom Hope
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- Category: Rare Earth News
- Published on Friday, 23 January 2015 15:57
January 23 news, the Ministry issued a notice on the 22nd, was held to determine the focus of Rare Earth provinces (regions) and corporate work conference on January 28.
According to the notice, the content of the meeting was summarized in 2011, "a number of opinions" issued, the main work and achievements of the rare earth industry to carry out; analysis of the new situation facing the industry and the problems; further clarify "Thirteen Five" and recent work in the direction and requirements, the main task of the deployment in 2015 and priorities.
By then, the rare member inter-ministerial coordination unit, the State Council Legislative Affairs Office, China Securities Regulatory Commission, the relevant provinces (autonomous regions and municipalities) rare earth industry management department, six large enterprise groups of rare earth, rare earth enterprises focus on the person in charge and some research institutes, China Rare Earth industry associations responsible persons will participate.
In addition, based on the information the media survey, the current RE market is not short off-season, this week, the price of collective rebound, the highest increase of nearly 8%, and the overall stock market low.
The industry believes that the program has been set up six Rare Earth Group MIIT record, coupled with an unprecedented round of rare intensity hitting the Ministry of Commerce decided to abolish tariffs on exports of rare earths, rare earths national attention on the value can be seen, will make the rare earth market has already fallen to the bottom of the welcome warm round of accelerated development.
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Commerce Department: Rare earth export tariffs canceled after May 2
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- Category: Rare Earth News
- Published on Thursday, 22 January 2015 15:04
January 21, 2015 at the Ministry of Commerce for the first time at a regular press conference, the Ministry of Commerce spokesman Shen Danyang said that according to changes in domestic and international market development, and approval of the State Council, the Ministry of Commerce decided to January 1 from 2015 Japan began to cancel export quotas management, and retention of export tariffs, until May 2, 2015. This means that after the formal abolition of quotas of rare earth, rare earth outside attention when it canceled the first time with a clear timetable for tariff.
In recent years, for the effective protection and rational use of rare earth resources, regulate the industry market order, changes in development, resource class industrial transformation and upgrading, the Chinese government take full advantage of the economic and market instruments, adopted a series of measures to strengthen and improve the rare earths and other products export management, and promote the sustainable and healthy development of rare earth industry.
Last December 31, the Ministry of Commerce, General Administration of Customs Announcement No. 94 of 2014, published 2015 catalog of goods export license management, including rare earths, tungsten and tungsten products, molybdenum, etc., eight kinds of goods, with export contracts to apply export licenses without providing approval documents. This marks the official end of the self-Chinese rare earth export quota system implemented since 1998.
Shen Danyang said the cancellation of rare earth quota is to co-ordinate domestic and foreign markets, a specific trade policy options and resources, and is in line with product management reform domestic rare earth resources such a measure, but also considering the relevant WTO ruling the implementation of a policy carried out adjustments.
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RE luminous fiber cited concern
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- Category: Rare Earth News
- Published on Wednesday, 21 January 2015 14:42
Recently, in Shaoxing City, Jiangnan University Institute of luminous fibers exhibited a series of rare earth products has aroused great interest in the new local textile enterprises. These products include luminous silk, embroidery and other luminous 9 different colors of rare earth luminescent fiber material, light pull flannel, luminous fabric fuzz 11 different colors, such as rare earth luminescent luminous fiber textile fabrics, and luminous plush toys, LED Cross embroidered dozens of luminous fiber light products.
The use of rare earth luminescent fiber products made in the absorption of visible light for 10 minutes, will be able to build the energy stored in the fibers being in the dark state can continue to light more than 10 hours, not only colorful, but also environmentally friendly and efficient, and can be widely used in apparel, home textile and other industrial textiles and other fields. For example, it was luminous velvet Expo licensed products for "Haibao" production.
RE RE luminous luminous fiber is a national fiber-founder, "863" in the field of new materials technology expert database developed by Professor Ge Ming bridge products. Professor Ge has worked in Japan, the basic theory and application of more than six years of new fibers, after returning in May 2000 began to develop rare earth luminescent fiber, have higher achievements in theoretical studies of rare earth luminescent fiber, he invented and manufactured luminous fiber detection by the China Institute of Metrology, no radiation, in line with the requirements of the use of fiber for clothing, has applications for invention patents.
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Chinese rare earth quotas officially dispelled
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- Category: Rare Earth News
- Published on Tuesday, 20 January 2015 14:54
Chinese Ministry of Commerce recently issued the "2015 list of goods export license management," clearly the export of rare earth export license management execution, only to get export business export license contract, without providing approval. This means that the implementation of the 16 years of the rare earth quota officially canceled.
The most immediate cause of this change, or China lost in the WTO (WTO) in the lawsuit.
China is the largest producer of rare earth, accounting for 90 percent of global supply. Although rare earths is an important component of the defense industry and the department of modern technology, for the military, computers, mobile phones, wind power equipment, batteries and other technology products are necessary, even though China has a natural "monopoly" advantage, but unfortunately, the advantages of the product to sell to the price of cabbage, and disorderly exploitation of serious damage to the environment.
To reduce resource depletion, since 1998, the implementation of a rare earth export quota license system, the rare earth materials included in the processing trade ban catalog, and in 2010 a large-scale reduction of rare earth exports. International RE prices soared along.
It also led to an international uproar of "rare earth war." Expression of the United States, Europe, Japan and other countries strong dissatisfaction that China's rare earth export control, the Chinese enterprises have a clear competitive advantage in hybrid car batteries, wind power settings and energy-efficient lighting equipment and other products.
Dispute eventually evolve into a lawsuit, the US, Europe and Japan jointly to the WTO against China rare earths, tungsten, molybdenum related products export management measures violate WTO rules. After several rounds of the fight, in August 2014, WTO final ruling, rare earth export management measures implemented in China does not comply with the relevant WTO rules and China's WTO commitments, China dismissed the appeal.
As a result, China must change related rare earth export management. Commerce Department said in a statement at the time, said: "China will carefully evaluate the WTO ruling, to comply with WTO rules and ways to strengthen the management of resources, products, and promote resource conservation, maintain fair competition, to achieve sustainable development."
Cancel started from 1998 rare earth export quota system, also in the market expected. Next, China will cancel the 25% -30% export tariff, this change is expected to be implemented in 2015 later.
From this case can be seen, although China since that system of quotas and restrictions on sale intended to protect the environment, but actually this rough management style, in violation of WTO rules, and therefore difficult to prevail on international litigation. This is the Western countries to initiate proceedings against China on many occasions and winning the main trade rules.
Of course, the "rare earth war" is not completely finished, but also China's move to retreat intentions. After all, the quota system in the early years of the larger impact on exports in recent years has been in name only, because many simply do not run out of quota. Data show that the rare earth export quota for the last three years are slightly higher than 30,000 tons, but in 2012 the actual exports less than 20,000 tons, in 2013 and 2014 can not exceed 300 million tons.
But, if the mere removal of rare earths export controls, a corollary to bring the rare earth export market turmoil, including Chinese exporters increased, lower prices may again rise behavior, the final result is the environment suffer, undervalued resource, foreign manufacturers benefit.
Therefore, while complying with WTO rulings revoke the relevant export controls, China must improve the rare earth and other resource management system products.
First, you must comply with the rules of the market and international trade rules, do not have to make hard and fast rules on exports to avoid giving others a handle and trigger a new lawsuit is likely to lose. Frankly, at the time of the management system has not been serious sober legal assessment, of course, for China to win a certain amount of time, but the overall effect is poor.
Secondly, to strengthen domestic regulation. RE market has been chaotic, disorderly exploitation of many manufacturers, serious damage to the environment, smuggling is repeated. According to incomplete statistics, in 2011 overseas Chinese customs statistics are rare import export statistics 1.2 times, that is 120% of the normal amount of smuggled exports, the government can increase the threshold for mining companies, mining of rare earth resources integration, including the promotion of rare earths corporate mergers and acquisitions, while cracking down on smuggling and violations of the environment.
Once again, change the export tax as a resource tax. Export taxes for immediate action to restrict exports, but can easily be criticized. The elimination of export taxes, the result is lower export prices, but it is to create the conditions to improve resource tax, the state still seize the initiative on the export of rare earth, rare earth due to the price of cabbage that does not make a great resource cheaper foreign manufacturers.
Of course, the domestic manufacturers in terms of the use of rare earth, rare earth and outside the price approximately equal to improve their use of rare earth costs, thereby reducing the competitive advantage. But the market is equal to follow the competition, Chinese manufacturers can not always rely on the bottle, can be innovation by tapping the potential to create new competitive advantages.
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