Recently, this reporter learned from authoritative sources, the state authorities are brewing rare earth resource tax levied way from the original "From the amount of taxable" to "ad valorem." According to the current plan has not been finalized, the northern light rare earth resources in accordance with the 22% tax rate will be levied, the South-ion ore levied in accordance with 35 percent, the national level, the rare earth resource tax burden will be increased substantially.

Reporters learned that, in the face of rare earth WTO litigation losses and some rare earth export tariffs faced cancel the status quo, the state of rare earth regulation and integration efforts will once again tightened, while stepping up to support large groups to improve the degree of concentration of resources, on the other hand a substantial transfer high resource tax to curb massive exports of rare earth, in order to achieve the protection of strategic resources, while helping to reduce the negative effects of losing because of WTO on China's rare earth management brings. Starting in 2011, WTO ruled that China include bauxite, coke, fluorspar, magnesium, manganese, silicon metal, silicon carbide, yellow phosphorus and zinc, nine kinds of raw materials violations, followed by rare earth, tungsten, molybdenum export management measures have also been the same ruling, "changing the rare earth resource tax levied brewing methods, to some extent, but also a signal for the release of the above-mentioned strategic metals resource tax reform, which may also be the next step of our strategy to adjust the focus of resource conservation." an authoritative "Economic Information Daily" correspondent said.

"On one hand the rare earth resource tax from quantitative change pricing, follow the market can play the role of a relative increase in the sensitivity of the resource tax regulation, while the resource tax rate has been developed by local, especially the heavy rare earth dominated southern provinces more prominent, in Jiangxi Province, resource tax burden for 36,000 yuan per ton, while it was only 06,000 yuan in Guangxi, resource tax reform will undoubtedly make a more equitable market environment. "an authoritative source told reporters.

When the rare earth resources on tax reform, in contrast of the "Economic Information Daily" reporters visited a number of domestic rare earth group has found that due to the current RE rampant black market lacks a fair competitive environment, a substantial increase resource tax agent but will become a "fierce medicine ", stimulating black and illegal smuggling of rare earth industry chain more flooding, while rare legitimate business survival will be more difficult, accelerate industrial crisis.

"By the local protection and the difficulty of monitoring the impact of large, rare black chain rampant, because you can resource tax evasion, VAT, income tax, etc., it seems legitimate businesses lose money prices for rare earths in terms of black and still have a very substantial profits, "North of a large group of rare-earth person in charge," said economic Information Daily "reporters. He admitted that after the rare earth resource tax reform, which means that even a substantial increase in the tax rate, the profit is undoubtedly very attractive, the illegal exploitation of rare earth smelting and separation, sale, export, etc. will also thrive.

Data show that in 2013 the national mandatory production quotas for rare earths 93,800 t (oxide), the industry's assessment of the actual production of about 160,000 tons that year (oxide), 2014 RE mandatory production quotas for 105,000 t (oxide), the industry is also expected to be close to the actual production of 160,000 tons (oxide), in which the South-ion ore black chain is particularly prominent, rare earth downstream products based on projections, in 2013 produced a total of 1,600 tons of dysprosium oxide, thereby estimating needs about 5 Southern ion ore tons, but the rare Earth Industry Association data show that southern mining enterprise was only 04,000 tons, most of them are offered for private dug illegal mining of illegal products.

Many industry insiders worried about the increased burden on legitimate businesses will accelerate the market "Gresham's law," the scene, on the one hand overwhelmed legitimate businesses in order to stabilize costs arising from the impact by means of transfer pricing and other tax resources tax, and even some companies have begun to participate in the "black rare earth" chain, even more detrimental to the smooth implementation of the national implementation cultivate rare large group strategy.

In fact, to change the RE to "cabbage price" massive fire sale situation, our country has taken a number of policy measures. 2007, China began to implement mandatory plan for rare earth production and decreasing export quotas to limit exports of rare earths, and improve individual rare earth export tariffs since 2011 onwards, in order to better protect the resource, in April 2011 for the first time a substantial increase in the rare earth resource tax.

Reporters learned that, in 2011, the Ministry of Finance, State Administration of Taxation issued a notice for the first time, decided since the year April 1, uniform adjustment of rare earth ores resources tax, the increase rate of more than 10 times. Rare earth resources tax was adjusted as follows: light rare earths including Bastnaesite, solitary quarry, 60 yuan per ton; the heavy rare earths including xenotime, ionic rare earth mine, 30 yuan per ton.

Many industry experts on the "Economic Information Daily" reporters, said while the rare earth resource tax reform, a substantial increase in resources tax is an important means of regulation of rare earth industry, in particular, can enhance the market price of rare earths from the source, so that it reflects the resources scarcity and environmental costs of mining and changing supply and demand through price increases, effectively reduce smuggling and other countries to buy hoarding rare phenomenon, while helping to reduce lost because of WTO on China's rare earth managed to bring negative effects.

But on the other hand, for the rare earth resources tax adjustment scale and magnitude may still need research and consideration, especially in the current domestic rare earth black flooding, lack of fair market environment, if a substantial adjustment in accordance with the above ratio of rare earth resources tax may make black already difficult to monitor more crazy and smuggling of rare earth chain increased, while the number of legitimate companies are in trouble, so since not only affect the ongoing industrial restructuring, but also make resource protection again threatened.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

Today, the State Council issued in 2014 the government approved the investment project directory, which pointed out that for the rare earth mine development project, approved by the State Council, industry management department; colored mine development project approved by the provincial government.

The rare earth industry, smelting and separation projects approved by the State Council administrative department industry, deep processing project approved by the provincial government.

Gold mining beneficiation project approved by the provincial government.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

The current downturn in light rare earth market, prices were mixed, watching the market's bullish outlook, continued bearish market active shipments, price continued to decline in the case are, on the whole rose less stable or downward more.

Europium, terbium oxide market, the recent europium oxide market was in the doldrums, according to industry businesses that only the actual transaction price of about 1,900 yuan / kg, some traders said the pressure before the goods are now out of a loss, so will offer a smooth at 2000 yuan / kg. Terbium oxide market price remained at around 2,700 yuan / kg, small changes in the market, some businesses that surged more difficult.

Gadolinium products down indefinitely, gadolinium oxide and gadolinium iron prices continue to enter the lower levels of the year, according to Ganzhou area gadolinium oxide traders said the actual transaction price has now dropped to 70,000 yuan / ton, other local vendors offer remained unchanged at 72,000 / ton.

Praseodymium neodymium products, currently praseodymium neodymium oxide, praseodymium, neodymium metal and a small drop stable oxide prices have reduced the magnitude of 1-2 thousand Yuan / ton, neodymium oxide, praseodymium with no ticket price dropped 240,000 yuan / ton, the actual the trading price of around 238,000 yuan / ton. Praseodymium neodymium metal prices continue to decline approaching 350,000 yuan / ton, with no ticket price also dropped to 310,000 yuan / ton, according to Ganzhou area, said a supplier now praseodymium, neodymium metal with no ticket prices reported at 307,000 yuan / ton.

Dysprosium products market, traders said, according to Ganzhou mainstream with ticket prices now around 1.45 million yuan / ton, the mainstream market becoming slightly upward, and another supplier in Shanghai, said the industry has a 1,440 yuan / kg of shipping prices, but volume than small. Before the offer at 1.45 million part / ton hike businesses have the intention to disclose, in addition to already have suppliers will quote from last week raised about 1,430,000 146,147 yuan / ton.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

Say yes to actually steal rare duck

Reporter disguise illegal mining of rare earth into the point found a large number of illegal mining equipment; local land department said repeatedly played without a break, law enforcement officers who had gone on to start illegal mining

Illegal mining of rare earth chemicals stacked point.

2011, Teng County land department seized a number of rare earths.

RE is known as the "industrial gold", it has important applications in the fields of military, metallurgy and new materials. Teng County Chess Gan village in the town area, rich in rare earth resources. Early February of this year, a group of outlaws come here to dig ponds raising ducks in the name of illegal mining activities carried out rare earths

Dressed lumberjack reporters into illegal mining of rare earth point

November 13, southern China Morning Post reporter at the villagers led by Ma, dressed as a lumberjack, over the mountains into the lawless illegal mining of rare earth site. This point is surrounded by mountains and dense forests around, pumping diesel engine rumbling sound, ringing in the mountain forest. Ma childhood grew up here, he familiar surroundings geographical environment. He took three hunting hounds loaded into the way ahead.

Reporters saw the point in illegal mining, rare earth burial had been dug mountains, large surface bared Wong. Lying at the foot of the mountains, the distribution has two large ponds, a white plastic pipe, extending from one pond to the buried hill of rare earth. Stacked next to another pond with a lot of chemical materials, printed with the words "ammonium sulfate" and on their bag, pungent chemical odor filled the surrounding air.

Excuse illegal mining of rare duck pull equipment

At the point where illegal mining, in which an intersection to build a door, door top that says "×××× farms." Ma told reporters early February of this year, this group of people come here to pull the mining equipment, they claim to dig ponds to raise ducks. Thus, some villagers took the land leased to them. At first, they are indeed looking for hundreds of ducks, feeding into the pond. However, the Ducks have not raised, they will increase the equipment, the ponds where the water pumping on top of the pool, illegal mining of rare earths.

When reporters take pictures of the surrounding circumstances, cause the illegal mining area where the two men attention. Ma schematic reporters to follow him immediately, climb to the top from a path. On top of the hill, the reporter found a pool next to a small thatched placed bedding. The emergence of many large and small surface around the hole. Ma said, the mountain is rich in rare earth, outlaws illegal mining of rare earth in two ways: one is the burrows, the ammonium sulfate solution filling into the hole from which, over a period of time, like the rare earth mud it will flow out from another exit. Another one is the direct digging, they transported to the foot piece of land clearing, washing with ammonium sulfate solution to quickly obtain rare.

It is understood that this group of people is generally illegal mining of rare earths until the evening or holidays. After the illegal mining of rare earths, used car the night away, transferred to other places drying and separation. After the rare earth drying, into a white lime powder similar way. Quotes good, the selling price per ton up to twenty or thirty million.

Villagers reported threats by unidentified persons

Gan village close to potential illegal dens, dens located upstream of the water, Gan village farmland located downstream. Outlaws the bags of chemicals transported into the mountains, the mountains when the solution is poured into the ground, water will continuously flow into the fields around the village Gan and water. This phenomenon has aroused the vigilance of nearby villagers. The village of some literate young people learn through online searching elsewhere had a similar phenomenon of illegal mining to the local cause serious environmental pollution.

It is understood that outlaws the use of ammonium sulfate solution into the ground, and the residue in the soil and a high concentration of ammonium sulfate ion, roots will burn the plants, the formation of ammonia pollution. When it rains, these substances are washed into the river, it will pollute the environment.

Reporters saw at Gan village fields, are dens of sewage-soaked farmland to grow rice, than not being sewage soaked rice farmland to grow shorter by half. According to the villagers, said Gan, a phenomenon never seen before.

Some villagers, since May of this year, after they reported the matter to the authorities, they often have unidentified people into the village, they threatened the villagers are not allowed to report. Now, many villagers are silent resentment.

Law enforcement officers repeatedly hit a walk without a break point to start illegal mining

For months, Gan villagers do not know who this group of people behind the boss is, they only know to participate in illegal mining outside the village, but there are occasionally heard dens Guangdong vernacular and Mandarin speaking people. Sometimes local land departments of law enforcement officers came to driving, but a few days later, the group has properly started.

November 13 afternoon, the reporter will reflect this situation to Teng County Land Resources Bureau. Relevant responsible person said, after they received a report in June this year, the Joint relevant departments sent a total of six times, destroyed the village next to the illegal mining sweet spot. Law enforcement officers had landfill mining pools, cut water pipes, smashed mining machinery. But after each enforcement, outlaws again rallied to continue production.

The person in charge said that this is mainly driven by the interests. Illegal mining of rare earths huge profits, the risk of being caught is not large. Since the illegal mining of rare earth process is simple, inexpensive equipment, were destroyed after the illegal illegal mining point, in a short time you can rebuild. To avoid being arrested, setting up sentry point on illegal mining were still in the mountain, not law enforcement officers arrived on the scene, they had to leave with the equipment.

The official said the Bureau of Land increased inspection efforts, continue to fight against this illegal mining phenomenon, will take some means, if necessary, will be mainly illegal mining were sent to judicial organs. Source: Guangxi News Network - southern China Morning Post


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

This week the rare earth market to steady, stable dysprosium, terbium market price or slightly minor adjustments, not sharp rise, businesses that outlook uncertain, upside more difficult to determine.

Praseodymium, neodymium product markets, prices held steady this week, mainly, according to the Shanghai region traders said Shen praseodymia grass now offer is still 460,000 yuan / ton, unwilling to price shipping, According to other businesses reflect the lower the transaction price has dropped to 440,000 yuan / ton. It currently neodymium oxide by Ganzhou suppliers reflect without tickets for 238,000 yuan, with votes around 27 yuan / ton. Because of the recent dysprosium, terbium oxide take the goods market is not much or no goods can be a merchant ship species concentrated in praseodymium, neodymium, lanthanum, cerium, gadolinium.

Lanthanum, cerium products, it is currently the supplier of Ganzhou 3N lanthanum oxide 13,000 yuan / ton, 2N5 ceria 12,500 yuan / ton. Merchant said, lanthanum, cerium gadolinium substitute for, resulting in gadolinium products prices, but the application is not widespread, and lanthanum, cerium excess market supply, lanthanum, cerium cheap prices difficult to change, stable outlook or into the normal low. Currently gadolinium products such as gadolinium oxide and gadolinium iron prices are at their lowest position during the year, the current market prices generally gadolinium oxide fell to 80,000 yuan / ton, some do not want to fall too fast with businesses offer at 80,000 yuan / ton about. At the same time there is a business to reflect the decrease in profit because gadolinium market, the price is too low, reducing the professional processing of gadolinium iron business, and now increase their choice and processing conditions.

This week dysprosium, terbium oxide stable or slightly edged up, modest changes in market transactions are not active on the market today 2N5 dysprosium prices remained at around 1.42 million yuan / ton, about 3N dysprosium 1.43 million yuan / ton, higher offer in 145,146 yuan / ton, the recent shipment suppliers generally reflect not only the right amount or wait out the market-oriented.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

Today, rare earth market vendors offer steady, prices of most products to maintain light. Current spot market lanthanum, cerium prices steady downturn, the market stalemate, according to a supplier Baotou oxide now offer still represents 1.3-1.4 yuan / ton, unchanged from the beginning. Dilute the package a few days this week, cerium oxide price volatility decreased slightly, the price remained at 11 yuan / kg and above.

Europium oxide market, demand for light, prices continue to little decrease, today's package dilute the europium oxide as of 14:00, the lowest price has dropped to 1955 yuan / kg, europium, terbium spread more and more, suppliers reluctant to sell terbium oxide, Quote Firmer, according to Ganzhou area, said a supplier terbium oxide with votes still reported in 2800 yuan / kg.

Praseodymium, neodymium market, the current low prices steady, there are businesses that are now reluctant to go ultra-cheap goods, on the basis of the current prices continue to fall sharply in the little space, praseodymium, neodymium metal offer basically stable at around 360,000 yuan / ton. Downstream businesses or other magnetic alloys market downturn steady, according to the Guangdong region of cylinders manufacturer, said almost did not rise over the past few months the price, N35 small cylindrical currently without a ticket price of only 135 yuan / kg, the volume can still bargain. According to the business reflects the inquiry now N35 blank box with no votes fell to a low of about 115 yuan / kg.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

Lanzhou, Gansu News November 12, according to the Lanzhou Morning Post reported: Industry and Information Committee of Gansu Province recently issued an emergency notice on the organization to carry out special operations against illegal acts of rare, require municipalities to the state government for the existence of the city state enterprises involved in illegal rare earths conduct verification. If it is found illegal acts, shall be taken immediately ordered to suspend production for rectification, recovered sewage charges; confiscate ill-gotten gains and punished, in back, recovered VAT fines and penalties; for illegal businesses and associated personnel for investigation in accordance with law and other measures.

This action will jointly investigate rare earth mining, production, distribution companies of illegal mining, illegal trading and processing of minerals, tax evasion charges, billing and other acts of illegal products in different places, focused on handling typical cases 2-3. Involving rare earth minerals trading companies and individuals one by one to verify, on suspicion of illegal mining, illegal production and sale of illegal minerals or mineral origin can not be explained, will be punished according to law; suspected to constitute a crime, criminal responsibility according to law, to public security authority.

 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

Third, the price of supply and demand

Hykawy rare earth market for future growth positive attitude, but he felt for only $ 8.19 billion of the market, on the rare earth market forecast in 2018 may not be too optimistic, especially given the irreplaceable factor of rare earth. "People should not forget that some industries will not use more than a certain price-cost materials" Hykawy said. "Rare earth magnets in the application may be irreplaceable, but technology is not the technology is likely to be replaced."

Hykawy give a more acute example, in China, because it is easy to obtain rare earth materials, so rare earths are used in electrical appliances, such as a refrigerator, this motor is very small, with very little power, performance will be very good, while in other parts of the world, energy is more common, the use of the electromagnetic motor of the refrigerator, although this increases the motor power of the motor is greater than the rare earth, but also because of the lack of a solution of rare earth substitutability.

In some light industry, some companies in order to meet the price and reducing the use of rare earth rare earth, such as the lighting industry, the future, because of the rare earth supply Toyota Rav4 type even abandon the use of steam on the power of rare earth-containing transfusion systems. "The price is really limited, demand, supply is growing, it will maintain a balance, but if the price rose to a certain point, demand will drop.

Fourth, opportunities abroad RE projects

At present, in addition to molybdenum companies outside China and Rainer company, there are three rare items of concern, one is RER project, is a mining company Qwest rare items, one is Arab Faron project in Australia, of course, in order to ensure China's rare earth supply outside, these companies still have a long way to go!

Fifth, what's next?

Although rare earth prices, but China's production has not decreased, while the price of rare earth even picked up, it is difficult to return to 2010 and 2011 levels.

In addition, he hopes to have more transparency in the industry, a reasonable supply and stable prices to re-expand demand. In addition, he does not agree with the Chinese government on the "heavy rare earth applications around the world must rely on China" argument, because most of the rare earths are not rare, except in southern China, and now in other regions such as South America, America, and even North America has a containing heavy projects to promote rare earth mine. In particular, China's rare earth mine will not always be there, although I do not know China's rare earth mine will use long, which gives all non-rare earth project outside of China a lot of space, by the buyer to decide whether they pay a secure supply of materials .


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

According to customs statistics, in the first three quarters of this year, 9,759 tons of rare earth export Tianjin port, an increase of 18.7% over last year (below), worth 600 million yuan, down 15.3%, with an average price of 62,000 yuan per ton, down 28.6 percent.

First, the first three quarters of this year, the main features of Tianjin port exports of rare earths

(A) general trade as the main export mode. The first three quarters of this year, Tianjin Port to the general trade export of rare earth 9,712 tons, an increase of 18.4% over the same period accounted for 99.5 percent of total exports of rare earths in Tianjin Port.

(B) State-owned enterprises as the main export. The first three quarters of this year, state-owned enterprises in Tianjin Port 5434 tons of rare earth exports, increased 21.3 percent, accounting for 55.7 percent over the same period in Tianjin Port's total exports of rare earths.

(C) are mainly exported to Japan and the United States. The first three quarters of this year, exports to Japan of rare earth Tianjin Port 4113 tons, an increase of 88.5%, 4,058 tons of rare earth exports to the US increased 6 percent, both of which together accounted for 83.7 percent over the same period in Tianjin Port of rare earth exports.

Second, the Tianjin Port in the first three quarters of this year, mainly due to exports of rare earths increase in volume and a drop in price

(A) increasing the quota of rare earth export overcapacity led to increase in volume and a drop in price. June 6, under the Ministry of Land and issued "on the issued 2014 annual total rare earth ore mined tungsten ore control targets," which will continue to implement the total rare earth ore and tungsten ore control index management. "Notice" that in 2014 the total amount of rare earth ore mining index was 10.5 million tons, including rock type (light) rare earth ore index increase was 11,200 tons, an increase of about 15 percent over the previous year; the total amount of tungsten ore mining control indicator 8.9 tons. 2014 is no longer issued antimony ore mining total control targets; the implementation of comprehensive utilization index tungsten ore index plus the approved assessment, appropriate to relax constraints. And continue to implement the rare earth mine tungsten ore mining rights to suspend the policy to June 30, 2015. Key projects for the State Department and the Central Fund or the provincial geological special fund projects to develop integrated projects, resource depletion area, the Department of Provincial agreement, mining and resource depletion remote connection, the central poverty reduction support program, the provincial government requires support for programs and projects to support large rare earth enterprises restructuring projects, in line with the total production control, production capacity balancing requirements, enable the new rare earth mine tungsten ore mining rights. In recent years, the total amount of rare earth mining continues to be controlled, but this year has increased. Yield can promote the export of rare earth companies competing to reduce inventory to save operating costs, resulting in a drop in price of rare earth exports increase in volume and the situation appears.

(B) the disorderly exploitation and international market demand weakened resulting in low rare earth export prices. A wide range of policy stimulus situation in hand, under the quota policy to stimulate the formation of disordered Luancai brought mining spill on the black market to the Chinese rare earth is much greater than the quota standards. On the other hand, is currently more than half the world's proven reserves of heavy rare earths in China, indeed scarce, but its price is falling badly. The reason is that some foreign companies under pressure to come up with alternative materials. There's simply in order to control costs and reduce the use of, for example, US Molycorp now mixed with only half the previous amount of magnetic powder dysprosium, and dysprosium is considered to be one of the most important heavy rare earths. With a lot of research related to technological innovation, but also find a lot of alternative methods, coupled with the use of rare earth though very extensive in the industry, but the amount is not large scale. So, while under the influence of Chinese policy, rare earth prices once soared, triggering panic buying. But the reaction of the market soon, the price began to fall together.

Third, concern

(A) downstream application industries concentrated in the low end, China's rare earth products, lack of core competitiveness. 85 percent of China's rare earth industry is currently used in traditional metallurgy, machinery, petrochemicals, glass, ceramics, etc., only 13% for the high-tech field of new materials, and the highest value-added products in end-use applications, the core technology in almost all of them hands of foreign enterprises. Due to the enormous profit potential of rare earth industry, the United States and Japan and other developed countries, the price of the right to speak in the grip, but also clenched authorize its patented technology of rare earth products, restricting the transfer and development of China's high-end chain. Case in NdFeB NdFeB rare earth belong to high-end materials, application and extensive. NdFeB country has nearly 200 enterprises, the annual output reaches 1000 tons or more than 20, but currently uses only Japanese NdFeB Boeing aircraft. Due to the lack of intellectual property rights, China's only mining, smelting and separation of rare earth primary products, not only low value-added, the bargaining space is small and serious environmental pollution; imported from developed countries after deep processing of primary products, prices and profits to grow geometrically. As domestic enterprises lack the core application technology, so China's rare earth export of rare earth primary products always difficult to break the pattern.

(B) WTO ruled that China's rare earth export quota policy violation, our pricing power to seek long way to go. March 26 this year, WTO ruled that China's rare earth export quota policy violations, despite our appeal, but such appeals are no success stories, the possibility of winning is minimal. In our country there may be six months to a year are forced to modify the export of rare earth industry policy, rare earth export quotas or canceled export tariffs may also be reduced.

In addition, to reduce dependence on China's rare earth supply, the development of alternatives to the pace of foreign research and development of rare earth rare earth mine and significantly accelerated. As Australia's Lynas company in Malaysia to build the world's largest rare earth refinery has been put into production, annual output will meet the global demand for about one-third. Japan and China choose to disclose conflicts in rare problems, but also looking for strategic partners to ensure rare earth supply. In order to maintain the international competitiveness of China's rare earth products, seek international discourse rare, since March, China promulgated a series of policies and measures. For example, Southern Exchange trading of rare earth products and cardiac Baotou Rare Earth Products Exchange successive formal operations, standardize the market competition by the two trading platforms, enhanced rare earth product pricing; Ministry of Finance and the Ministry of Industry issued "State of Things and the rare earth industry development grant funds management approach ", will be the rare earth mining regulation, rare earths and other high-end applications to provide financial support. To obtain the export of rare earth pricing power long way to go.

(3) "black chain" is the invasion of China's rare earth industry. The phenomenon of illegal production and sale of rare earth products in the current Chinese rare earth industry is not uncommon, Qingdao, Shenzhen, Customs detected repeatedly in recent years the amount of smuggling of rare earth billion on major. First, some of the shortcomings of rare earth export quota management system still exists, even the quota system has now become one of the "Pushing Hands", it became quota trading business, if it is not enough, people began to "black-mining", the formation of disordered chaos mining situation. Second, the illegal production of rare earth enterprises that difficult, imperfect laws and regulations, enforcement is difficult, between the central and local governments, has not yet formed between sectors and regions reasons for a unified and efficient law enforcement system caused by inadequate crackdown. Third, the smuggling of rare earth profits temptation also make many criminals choose to take the risk, the current production of rare earth ore mine in northern resource tax at 05,000 yuan per ton to 14,000 yuan range, rare earth ore resource tax per ton at 06000 South mine yuan to 36,000 yuan range, resource tax plus other taxes accounted for more than a tonne ore price 50%, private dug illegal mining do not need to pay any taxes, big profit margins. "Black chain" phenomenon is serious not only legitimate businesses to survive, but also to bring a major ecological disaster, how do we go to the balanced policy worth considering.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

Under the influence of a series of policy control, the continued downturn in rare earth prices show signs of stabilizing. Analysts pointed out that, as the industry gradually straighten out the relationship between supply and demand, rare earth prices are expected to come out of the bottom. As this year was the most sluggish non-ferrous metals sub-sector, rare earth plate layout point is slowly opened.

Policy development effort to rationalize the industry supply and demand

With different base and precious metals, rare earth prices was more affected industry supply and demand, the relative weakening of the financial attributes. With the introduction of control policies, had continued to slump down the rare earth prices are expected to stabilize as the supply-demand relationship and gradually out of the bottom.

On the supply side the rare earth industry, the recent introduction of special rectification actions or will have a profound impact. In related news, the Ministry in October issued an "organized campaign against rare illegal acts special action letter" clearly put forward since October 10, 2014 to March 31, 2015, to carry out special operations nationwide strike RE illegal acts . Action will be divided into three phases: October 10 to November 25 for self-examination stage, November 26 to January 31, 2015 for rectification stage in 2015, February 1 to March 31 for acceptance summary stage. This action will jointly investigate rare earth mining, production, distribution companies of illegal mining, illegal trading and processing of minerals, tax evasion charges, billing and other acts of illegal products in different places, to focus on priority areas investigated 2- rare earth according to invoices and reports and other clues three typical cases.

Meanwhile, the Commerce Department also recently released the 2015 export quota Metal Industries varieties. Among them, tungsten, molybdenum quota has been canceled. Thus market expectations, higher cancellation policy further in 2015 rare earth export quota of certainty.

On the supply is expected to shrink, while there have been some industry needs to pick up signs. On the one hand, with the external economy recovers, demand for rare earths started to show some signs of recovery. On the other hand, the state purchasing and storage of rare earths has also been expanded. According to media reports, this year's total purchasing and storage still about 10,000 tons of rare earth, which plans Shouchu neodymium oxide, praseodymium 4000 tons, 1200 tons dysprosium oxide, praseodymium, neodymium oxide, 500 tons each, basic maintenance revenue reserves last year. From a price perspective, the reserve price is determined in accordance with the basic six months before the average price of neodymium oxide, praseodymium reserve price than the market price of the floating rate of about 2%, dysprosium oxide reserve price rises than the market price of about for 10%, other varieties are generally higher than the market price. Shouchu direct effect on the demand side, so the history of the purchasing and storage for rare-earth prices are relatively significant boost.

From the latest look at rare earth prices, the severity of the rare earth oxide prices fell last week, 1.04% and 0.64%; heavy rare earth dysprosium, terbium rose 1.77% and 0.97%, respectively, praseodymium, neodymium fell 1.40 percent. Analysts believe that the rare earth industry has undergone significant improvement in the relationship between supply and demand, but by the fourth quarter of influence consumer off-season, short-term rare earth prices are expected to remain at the bottom of the shock trend.

RE plate layout window on the left asymptotic

There is a market statistics show that in the first three quarters of this year, non-ferrous metals sector as a whole rose by about 30 percent. Among them, lithium plate by the impact of new energy vehicles, or up to 80%; ranked second magnetic material gains, up more than 40%; non-ferrous metal plate in the rare earth sector rose to become the smallest sub-sectors. In the recent market fresh scratch "compensatory growth of wind" when many investors attention on the rare earth sector also began to improve. In this regard, analysts pointed out that the short-term rare earth plate depends on whether up or when rare earth prices bottom out, but taking into account the industry boom has bottomed out, so the left side of the layout point of time is expected not far away.

China Merchants Securities (market, interrogation) research report that, taking into account changes in the macro side and microscopic double face, November is still recommended in the "warm winter" in the search for a better risk-benefit ratio of non-ferrous metal varieties. Analysts pointed out that hitting eight ministries rare special action finally entered the implementation stage, "malfeasance Responsibility, normality pressure against tax mobilize local initiative" is the outstanding feature of this special action. According to Rare Earth Forum, expected in the fourth quarter of this year and the first quarter of next year, the rare earth policy and China's rare earth industry will enter a critical period of development, the promising investment opportunities in the rare earth sector "institutional dividend" under. To have the "volume and price go" light rare earth-based, it is recommended layout while continuing to actively choose the relevant subject.

How to determine the outlook for rare earth prices, GF Securities (market, interrogation) research report that the effect of this rare earth smuggling worth the wait. Since 2014, rare earths prices tumbled, there should have been at the bottom. It is worth noting that industry-related management action point in time the end of the shopping season coincides with the rare earth industry, it is expected that the recent rare earth prices are expected to bottom out after the end of treatment action to be related industries, rare earth prices are expected to appear rose significantly. In the specific tracking targets, analysts recommend that investors focus on "Bo Exchange, praseodymium, neodymium electronic disk" and "rich in yttrium-europium mine," the price of the two products, as an important indicator to judge the rare earth market price movements.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn