National "RE hitting" rectification summary yet started
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- Category: Rare Earth News
- Published on Friday, 13 December 2013 14:41
Rare Association of Jiangsu Province, according to informed sources said Thursday , the second phase of rare earth hitting Jiangsu Province has been completed, the relevant business case has been submitted to statistical verification of the Ministry , the current third phase ( correction summary ) has not yet begun. It is reported that Jiangsu No companies found irregularities . It is understood that in many Shanghai , Jiangxi and other rare earth production and trade enterprise area businesses verifiable progress is slow, is still statistically relevant business results of the verification .
Since August this year , in conjunction with the Ministry of Public Security and other seven ministries and local governments jointly carry out special operations to combat illegal rare earth production , exploitation, distribution and other aspects , according to the original plan, the specific rare earth crackdown divided into three phases , the time is 15 August to 15 November , the provinces were self stage, sector and stage of rectification work of the Joint Inspection summary stage , due to the larger number of verification companies , currently hitting the whole process has been slow .
According to a long-term and spot rare earth exchange analyst at the downstream business , said there are downstream enterprises represent an active black market for rare earths from the previous month , these rare association experts also admitted that the current anti- rare earth normalization has not yet formed , and the rare earth ore private mining process is simple, low cost, easily revived , in order to completely blow difficult.
According to another long-term tracking of rare earth sector brokerage analysts also said that the current capital market for rare earths hitting the lowered expectations, is not expected to occur again in July by hitting Ganzhou Rare Earth Rare Earth brought a large cattle market segment , currently on the market rare and large group purchasing and storage consolidation also have certain expectations, but is approaching the end of a large group purchasing and storage and integration policy is still no definite news will be announced .
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China Rare Earth Recycling Enterprise Development Status
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- Category: Rare Earth News
- Published on Friday, 13 December 2013 14:39
This year, the China Rare Earth Industry Association conducted a survey of rare earth waste recycling companies , the survey showed that there were rare comprehensive waste recycling business 56 .
According to experts, since 2011 , the approval of the corporate assault around 90% , the waste treatment capacity of 190,600 tons . Among them, NdFeB, phosphor, polishing powder waste treatment capacity was 141,700 tons , 23,100 tons and 21,500 tons . But in 2012 , the national annual output of 80,000 tons NdFeB , total waste by 30 percent and only 24,000 tons ; production of phosphors, polishing powder is not high , overall, there is not enough for these rare earths waste integrated waste recycling business deal .
In addition there are experts, Jiangxi Province 39 integrated waste recycling company, with annual processing capacity of 10 million tons of waste . Part of a comprehensive waste recycling companies to take advantage of the comprehensive recycling names , by their high degree of overlap of the process , the line separating the solid ore , constitutes a great impact on the informal enterprises .
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Rare providers leveraging Sheng and Arafura Resources "of Australia" seeking decompression
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- Category: Rare Earth News
- Published on Friday, 13 December 2013 14:37
Australian rare earths explorer Arafura Resources Limited (Arafura, ASX: ARU) 12月11 date of disclosure and the Chinese rare earth industry leader in enterprise resource Sheng and "marriage ", the two sides have begun to try to work at the technical level ; Arafura with China strategic partnership side , expand marketing network processing system in order to optimize the cost structure of the relocation route operators gradually clear .
Arafura and September this year, Sheng and MOU (MOU), the proposed joint development of the Northern Territory 's flagship asset Nolan Bray (Nolans Bore) RE projects. Lockyer told shareholders that , with the signing of Sheng and resources is an important milestone in the development of the company , will bring a large number of long- and short-term real interest ; including optimization of technical processes , shorten the project to achieve commercial use , the reduction in capital expenditures and operating costs. Signed a memorandum of understanding is the first step , the two sides will form a long-term strategic partnership to develop a specific framework.
General Manager Arafura director Lockyer (Gavin Lockyer) yesterday said that since the signing of MOU, Sheng and its many Chinese rare earth processing specialist referrals , especially for important guidance in the processing and extraction of rare earths ; recently executed two sides work contract , the same work program cost far less than Australia. In addition, Sheng and also to the Arafura referrals from existing customers , brings many opportunities to project financing , expected future underwriting arrangements for carrying out the role of debt financing will gradually prominent.
Sheng and Arafura Resources wording and strategic progress in relations have been more conservative . Sheng today announced that the Arafura rare earth mines are actively promoting the work to which they belong and the feasibility study , such as processing and rare earth separation plant area. Given that the feasibility study , the two sides have not yet entered into any legally binding agreement. Tips and signed by the investors there are significant uncertainties of the matters MOU, drew the attention of investors to investment risks.
Arafura recently to reduce costs become operational focus. Due to the relatively weak external economic environment , the recent restructuring Arafura start by reviewing compensation programs , streamlining of redundant jobs , the implementation of short and long term incentive programs and other ways to cut costs , this year introduced a number of capital and operating cost savings plan. The large number of rare earth processing work transferred to China is an important measure to cut costs expenditures.
Lockyer disclose plans to build beneficiation field outside Australia, where instead of Nolan Bray Northern Territory , a move intended to take advantage of overseas chemical industrial zone in raw materials, chemical reagents and cost competitiveness of electricity supply , and conducive to the promotion of cooperation with potential underwriters , ultimately minimize downstream capex purposes .
In the global rare earths market outlook section , Lockyer said the recent discussion with a lot of potential customers and end users , the market for rare earth magnets can be felt (10% CARG) needs the most exuberant , this advantage is Nolan Bray project lies. Also widely used in automotive and refinery catalyst market lithium , cerium ore demand is also growing.
Notice that, as of the end of the third quarter, Arafura cash balances 29 million Australian dollars, at current levels of capital expenditure , it takes 3.5 million per quarter, the Australian dollar . Lockyer said the company has enough cash to advance the exploration and operational activities , the results of the feasibility study is expected to be released in the first half of next year . At the same time , will continue to maintain and enhance existing strategic partnerships in China and around the rest of the world in order to protect itself sufficient working capital.
Rare earth supply shortage situation in the corporate strategic layout to Australia
Arafura minority in 10 years, a world -class large reserves of rare earth projects pushed production stage companies . Nolan project in the Northern Territory of rare earth production is expected to meet 10% of global demand. In addition , due to the global supply is expected to remain scarce state Nolan include neodymium , europium, dysprosium, terbium , yttrium , including a variety of rare earth products will be considered " critical rare earth" , is expected to receive a huge shortage in global supply commercial interests.
Since 2009 , China 's major producer of rare earth industry consolidation and environmental governance, the world's rare earth supply diversification began to accelerate . However, the current foreign companies entering the production phase of molybdenum company only American and Australian rare earth mine crude saltpeter tyndareus tapas NC company (ASX: LYC) rare earth projects. From the size, composition , stage of development and mining life ( 22 years ) , the Nolan Bray project is to become the first three important goal of rare earth suppliers , production time has been tentatively scheduled for 2016 .
In fact, the attention of the Australian rare earth resources in China Enterprise unusual. Sino Finance Online database shows that in January of this year, Shandong Bureau of Geology and Mineral Exploration and Development (SDGM) and Australia TUC Resources (ASX: TUC) signed a memorandum of cooperation in the exploration and development joint venture intends TUC Northern Territory 8 heavy rare earth mineral rights lease , the two sides still in close negotiations stage ; Beijing cong Lin Group by Australian holding company Orion (ASX: ORM) and shareholding enterprises Northern Minerals (ASX: NTU) invested in a number of rare earth mining projects. In addition, the Arafura largest shareholder China East China Mineral Exploration and Development Bureau (ECE) and strategic investment in capital holdings are highlights concerns about Australia's rare earth resources .
Insiders pointed out that rare earth ore assets with outstanding long-term growth potential is a major reason to attract Chinese enterprises frequently shot . There are rare earth ore industry, " gold" , with excellent optical and electromagnetic physical properties can vary with other material properties, a wide variety of new materials , the most notable feature is the substantial increase in the quality and the performance of other products ; cutting-edge technology can be widely used in the field of military industry, metallurgy , petrochemical , electronics and aerospace industries , new materials manufacturing. As technology continues to progress and expand the field of clean energy , global demand for rare earth ore will remain strong ; rare category of demand as a key ingredient widely used in various industries magnets and phosphors are likely to be further strengthened.
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Hezhou focus on the rare earth mine dispatched comprehensive regulatory
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- Category: Rare Earth News
- Published on Thursday, 12 December 2013 15:24
Hezhou Guangxi is an important rare earth mine . July 2012 of the nine provinces (regions ) 20 City ( State ) to develop regulatory linkage rare joint meeting held since the city put to work to combat illegal poaching of rare earth resources placed in position assault with eight months in the city within organizations special operations combat , prominence of rare earth and other key mining remediation. Respective county ( district management area ) to keep the pressure up crackdown , according to " local management , who governed , who is responsible" and "three without leaving a ruined closed" principle , the illegal exploitation of mineral resources of rare earth and other illegal activities dare to touch , severely punished , no punches . As of now, the city has dispatched 950 staff people, organizations Babu District Ning Zhenzhong Fukumura , peaceful village , the village of the southern towns Wang Li , Zhongshan County two Anxiang Bamboo and Plum red bayberry willow Bucheon County hometown Zhou, Deng dam mine rare earth mines and other key special rectification of ban illegal rare earth mines 9 , blow up the leaching pool 52 rare earth , destroyed shed about 5,400 square meters , 15,000 meters pipes , collection transformers, diesel generators , air compressors 19 (sets ) , confiscation of illegal poaching of approximately 40 tons of rare earth minerals , severance illegal mining staff of 60 people, 8 people transferred to judicial organs be held criminally responsible , the city's illegal acts effectively curb illegal mining of rare earths .
In combat operations , the city's efforts to focus on long-term management mechanism to further establish and improve the system coordinators , regulatory inspections chip package , prizes to report , accountability and other systems, and other departments of land and resources by the working group focused on rare earths mine implement inspections once every five days , so discovered, investigated and dealt with , the potential illegal acts illegal nipped in the bud. Pinggui 12336 Report Management District established information platform for key personnel to implement the illegal exploitation of the region to implement a comprehensive monitoring ; Bucheon Yao Autonomous County are inspected once every 10 days , to prevent the resurgence of illegal mining sites ; Babu District 25 will be 2012 points illegal mining of rare earth and three suspected illegal mining of points included in the book list , focus on monitoring the implementation of comprehensive , effectively inhibited the illegal poaching behavior rebound.
For construction of the ( male ) Canton (state ) high-speed rail , Wing ( State ) HE (state ) highway through the territory of Hezhou , Overlaid Zhongshan - Zhou Mining segment Bucheon Zhongshan Huashan two rare earth mine and mine safety section a total of eight cases of rare earth ore blocks , the city started the rescue work of the press covering the recovery of rare earth resources. September this year, the rescue recycling project has been approved by the Ministry of Land , clear Chalco Guangxi Nonferrous rare earth recycling as the main development company , is currently being ordered to carry out the preliminary work . Recycling work will allow to be constructed over the more than 350 million tons of rare earth resources to rescue , to avoid waste and economic loss of rare earth resources.
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Korea trillion worth of rare earth ore exposure
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- Category: Rare Earth News
- Published on Thursday, 12 December 2013 15:17
With " industrial vitamins ," said rare earth is a very valuable strategic resource , currently the world China , Russia, the United States and Australia is the world's rare to have four countries . However, according to the latest media coverage of China 's neighbor North Korea may soon have to join the club of great powers rare .
Media reports said private companies sre minerals recently reached an agreement with the Korean trading company of natural resources , development is located 150 kilometers northeast of Pyongyang, North Korea at jongju rare earth deposits , but jongju allegedly the world's largest rare earth deposits .
According to professionals assess potential mineral deposit amount jongju is 60 million tons, about 216.2 million tons of rare earth oxides , which are mainly associated cerium apatite and rare earth minerals , including lanthanum, cerium and praseodymium and other light rare earths. The more valuable heavy rare earth reserves of about 5.45 million tons , accounting for 2.6% of total reserves of rare earth oxides .
In this regard , the Australian Institute of Mining and Metallurgy, the project is also a leading scientist Dr. louis schurmann said , jongju is the world's largest rare earth deposit targets . Theoretically , jongju deposit of 216 million tons worth trillions of dollars , is expected to present the world's known resources of rare earth oxides doubling .
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Baotou Steel Rare Earth breakthrough
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- Category: Rare Earth News
- Published on Thursday, 12 December 2013 15:14
Reporters learned from the rare-earth Hi-tech Zone , Baotou borne by the "National 863 Program" Steel Rare Earth made new progress in some areas of clean steel REE yield improved significantly under the premise of maintaining stable .
It is understood that Baotou Steel Technology Center brings together a number of outstanding scientific and technological personnel , after smelting , rolling and other aspects of the production process of long-term exploration and improvement , scientific and technical personnel to take a variety of methods , adding rare earth in steel , steel and gradually overcome casting process of flocculation , yield instability and other problems, by casting trial production , to achieve a smooth production and to ensure the stability of rare earth yield , yield between 15-40% .
Manager of detection, REE -rich steel horizontal and vertical impact toughness at low temperature , high temperature plastic properties were significantly improved , reaching a reasonable process, low cost , high yield income , micro-alloying obvious effect of rare earth and other technical requirements . Currently, in collaboration with technical centers and production plants , the results have been applied to the new automobile steel plate armor , rare earth rail , etc. , to good effect.
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RE market remains stable, thinly traded
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- Category: Rare Earth News
- Published on Thursday, 12 December 2013 14:53
Currently RE market remains stable, slightly lower transaction prices of individual products , there are manufacturers that are traded are relatively light rare earths , not the goods . Mixed views on the business outlook , bearish see stability of both , some businesses may think the outlook is still upward .
Praseodymium , neodymium market, businesses offer a smooth , slightly lower part of the business transaction price . According to the manufacturers with Ganzhou understood praseodymium , neodymium with votes 40-40.6 yuan / ton, with weekly prices were flat. Currently without a ticket price remained at 340,000 yuan / ton, the price is slightly lower individual businesses 1-2 thousand dollars / ton, although the market is more deserted, there are vendors do not accept less than 340,000 reflects the price of shipping. According to sources from the industry , although rare hitting has achieved results, but there are still a number of illicit small processing plant supply into the market , driving down the market price.
Metal, according to the current manufacturers offer Ganzhou Rare Earth and China Association released pricing information displayed neodymium metal prices continue to fall , according to the manufacturers with Ganzhou understand the current metal prices have been as low as neodymium 406,000 yuan / ton , according to feedback from other manufacturers of metal dysprosium prices temporarily remain stable at 2.4 million yuan / ton or lower , not significantly reduced .
Gadolinium products, according to gadolinium iron plant reflects merchant shipping now positive, but the order is not ideal , the current price is the lowest level since mid-July, although not dramatically diving prices , factory shipments are still minor adjustments to the current gadolinium iron ship with ticket prices at about 170,000 yuan / ton , lower prices at 167,000 yuan / ton. The current prices are gadolinium oxide 15-15.5 Million / tonne between shocks.
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How Impact on The Total Mining Tungsten,rare Earth And Other Control
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- Category: Rare Earth News
- Published on Thursday, 12 December 2013 14:41
How impact on the total mining tungsten, rare earth and other control?
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December 12, 2013 market price of rare earth products
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- Category: Rare Earth News
- Published on Thursday, 12 December 2013 14:40
December 12, 2013 market price of rare earth products
Name | Specifications | Origin / Mark | Reference Price | Average | Change |
Lanthanum oxide | La2O3/TREO 99.5-99.9% | Domestic | 23000-24000 yuan / ton | 22500 | -1000 |
Cerium oxide | CeO2/TREO 99.5-99.9% | Domestic | 23000-25000 yuan / ton | 24000 | 0 |
Praseodymium oxide | Pr6O11/TREO 99.0-99.9% | Domestic | 560000-580000 yuan / ton | 570000 | 0 |
Neodymium oxide | Nd2O3/TREO 99.0-99.9% | Domestic | 315000-325000 yuan / ton | 320000 | 0 |
Samarium oxide | Sm2O3/TREO 99.5-99.9% | Domestic | 19000-20000 yuan / ton | 18500 | -500 |
Europium oxide | Eu2O3/TREO 99.95-99.99% | Domestic | 4500-4700 yuan / kg | 4600 | 0 |
Gadolinium oxide | Gd2O3/TREO 99.5-99.9% | Domestic | 170000-180000 yuan / ton | 167500 | 0 |
Terbium oxide | Tb4O7/TREO 99.95-99.99% | Domestic | 3500-3600 yuan / kg | 3550 | 0 |
Dysprosium oxide | Dy2O3/TREO 99.5-99.9% | Domestic | 1750-1850 yuan / kg | 1800 | 0 |
Erbium oxide | Er2O3/TREO 99.5-99.9% | Domestic | 350000-355000 yuan / ton | 347500 | 0 |
Yttria | Y2O3/TREO 99.995-99.999% | Domestic | 60000-70000 yuan / ton | 65000 | 0 |
Praseodymium , neodymium oxide | (Nd2O3 + Pr6O11) / TREO ≥ 75.0% | Domestic | 315000-325000 yuan / ton | 320000 | 0 |
Rare earth carbonate | REO 42.0-45.0% | Domestic | 27000-28000 yuan / ton | 27500 | 0 |
Metal lanthanum | La / TREM ≥ 99.0% | Domestic | 53000-55000 yuan / ton | 54000 | 0 |
Metal cerium | Ce / TREM ≥ 99.0% | Domestic | 58000-63000 yuan / ton | 60000 | 0 |
Metal Pr | Pr / TREM 96.0-99.0% | Domestic | 590000-610000 yuan / ton | 600000 | 0 |
Neodymium | Nd / TREM 99.0-99.9% | Domestic | 415000-425000 yuan / ton | 41500 | 0 |
Metal terbium | Tb / TREM ≥ 99.9% | Domestic | 4800-4900 yuan / kg | 4850 | 0 |
Dysprosium | Dy / TREM ≥ 99% | Domestic | 2800-3000 yuan / kg | 2900 | 0 |
Metal yttrium | Y / TREM 99.9-99.95% | Domestic | 270-290 yuan / kg | 280 | 0 |
Lanthanum cerium metal | Ce / TREM ≥ 65.0% TREM ≥ 98.5% | Domestic | 45000-47000 yuan / ton | 46000 | 0 |
Praseodymium neodymium metal | Pr / TREM 20-25% Nd / TREM 75-80% TREM ≥ 98.5% | Domestic | 415000-425000 yuan / ton | 402500 | -5000 |
Praseodymium , neodymium and dysprosium metal | TREM ≥ 99.0% | Domestic | 425000-435000 yuan / ton | 430000 | 0 |
Dy alloy | Dy80% | Domestic | 1950000-2050000 yuan / ton | 2000000 | 0 |
Battery grade mixed rare earth | TREM ≥ 99.0% Nd / TREM ≥ 15% | Domestic | 135000-145000 yuan / ton | 140000 | 0 |
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Rare overcapacity should resolve to lay a portfolio
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- Category: Rare Earth News
- Published on Thursday, 12 December 2013 14:32
Rare earth industry is a small industry, from minerals to oxides, salts, metals and alloys , to a variety of rare earth materials, according to the national output ranging up to only 1,000 yuan. From the look of global rare earth production is only about 120,000 tons of aggregate demand (100% rare earth oxides computing ) , a variety of global production of rare earth materials , only a few dozen tons. However, the rare earth is a highly strategic emerging industries associated with characteristic industry is serious excess capacity in the industry.
Over the last decade , due to the rare earths are inappropriately too stir around are starting a large rare earth projects. Rare earth products , including oxides, metals and a variety of rare earth materials all working exceptionally production than sales , oversupply appear. Expansion of production capacity much faster than demand growth . China's major rare earth products production capacity even more dramatically than the total demand at home and abroad , resulting in a great waste of social resources , reducing the efficiency of resource allocation , the impact of the structural adjustment and industrial upgrading.
According to incomplete statistics , in 2012 the main rare earth products and production capacity than that excess coefficient as follows: 3.2 of rare earth oxides , rare earth permanent magnet materials 3.89 , 2.94 rare earth luminescent materials , rare earth hydrogen storage materials 2.37 , rare earth catalytic materials 1.72 . The past two years , due to the world economic downturn and the impact of domestic economic slowdown , coupled with the 2011 surge in rare earth materials , rare earth downstream enterprise applications lag serious injury benefits, as well as rare domestic reduction techniques and alternative technologies development, so that the already excess capacity to face weak demand in the market, many rare earth raw materials companies underemployed or discontinued, rare overcapacity become the Government and the industry at all levels of headaches chronic disease , and the formation of rare earth production capacity more eliminate the more cycle. Even more disturbing is that in a very serious overcapacity situation in many areas of high-tech banner or banner , or predict a high return on investment is difficult to achieve, is still under construction new rare earth projects, so that excess production of rare earth increasingly serious .
Rare overcapacity caused mainly due to the existence of the institutional mechanisms and drawbacks . For example, one-sided pursuit of GDP improper performance concept and assessment methods ; do not pay attention and focus on economic value ; do not respect the laws of supply and demand , price-volume markets such as basic economic rule of law ; lack of investment and financing rigorous audit , access system and carefully beforehand , and afterwards review checks and accountability ; "offside" behavior of local governments to become a major force overcapacity hand ; many state-owned enterprises , the central enterprises over the pursuit of product diversification , resulting in investment decisions ; lack of self-discipline , lack of access to early warning industry mechanisms , and so on .
Overcapacity is not a phenomenon unique to the rare earth industry , according to statistics in 2012 the domestic industry overcapacity coefficient: 1.39 Steel , cement 1.36 , 1.37 flat glass , aluminum, 1.39 , 1.33 shipbuilding . From the comparison of rare earth and iron and steel industry overcapacity coefficient of view, the production of rare earth overcapacity serious than in other industries . And steel , cement and other major overcapacity large industries, causes and ways to resolve the overcapacity rare similarities . Rare overcapacity caused a variety of factors influence its solution should also be a multi-pronged approach to lay a portfolio .
First, the allocation of resources and play a good role in balancing supply and demand in the market
Overcapacity is a market phenomenon , in a certain sense a modest surplus is the norm , it helps to balance supply and demand , and promote technological progress and management innovation. Moderate demand is greater than supply market competition mechanism into play premise , with the promotion of competition and so on. Market allocation of resources and the role of the law of value , and changes in supply and demand for capacity has some regulatory role . Oversupply leading to double down prices and profits , leaving some companies even cause loss quit , thereby reducing the production capacity, and vice versa. Under normal circumstances , the invisible hand of the market will be quite effective in regulating supply and demand , suppress or boost production capacity. Of course, this has a certain period that is appropriate lag effect , companies , investors abandoning capacity , will have had to bear heavy losses when the plant shut down . Unfortunately, excessive government intervention or interference corporate investment behavior, market excess signal disregard the already strong position given , still the land , taxation, credit , etc. to duplicate construction projects to support . While some state-owned enterprises or central level, due to institutional and many other reasons , did not form in the strict sense of the market dominant position improperly to pursue scale value as the primary goal, rather than benefits and investment income as a primary consideration. Lack of major investment mistakes effective accountability . Respect the laws of economics , market allocation of resources to play a good mechanism for regulating the supply and demand relationship is a subject in the future to seriously.
Second, changes in local government achievements, compression capacity work center of gravity
Local governments out of consideration for GDP growth , employment, tax revenue and other factors, regardless of the country of rare earth reality of serious excess capacity , and launched a new project to do so despite the overall look from the wrong country , and ultimately may form parts of the invalid subordinated debt investments and difficult , but in line with the short-term interests of the local , but also for local officials to obtain performance and achieve promotion are not unrelated. So really not to GDP Heroes, the center and the primary responsibility to the next compression rare earth production capacity of the local government is imperative.
Development is the last word, which is the law of the country regardless of market overcapacity major boost rhetoric . Notice remark true , but the development of scientific development should be invested there should be effective, rewarding investment, input-output ratio talk , talk about the real supply and demand situation, rather than pragmatism to fabricate false needs. For enterprises to truly become the pursuit of profit as the main target market entities , including banks and various investment companies.
Third, the rare corporate consolidation and restructuring and structural optimization and upgrading of both
Should be based on the principle of "government guidance, corporate body, bond assets , market behavior ," to accelerate the rare earth raw materials mergers , consolidation, reorganization process to improve industrial concentration, strengthen environmental governance , and enhance the effectiveness of rare earth raw materials and international business competitiveness. Meanwhile rare earth industry to increase the product structure and industrial structure adjustment, compression long-term products, the production of high- end products and good cost-effective use of the product . Pay attention to differences in development , to avoid homogeneous competition and avoid vicious price war competition .
Proven time and practice , regardless of market rules, a " matchmaker " approach to force the integration of the formation has been proven less successful , in fact, doing the formation of local monopolies and "only" business , that bigger is better , more pure form of ownership as possible, which , in theory, encourage diverse forms of ownership coexist with today 's orientation contrary , struggling in the operation , subject and object of sorts ( refers to merging party with the merged party ) .
Fourth, strongly encourage and develop rare earth application , restore the original market and cultivate new market demands
Currently exist on the middle reaches of the rare earth industry surplus of products , high-end products, especially lack of end-use applications exist, the overall surplus and the structural shortage of coexistence patterns . Vigorously develop the application of rare earth materials , rare earth materials into key support components, parts until the whole , it should be a top priority for future work . The past two decades , rare earth materials have broad and important applications in various high-tech fields , especially the application of rare earth permanent magnet materials has become a driving steady growth in consumption of rare earths dominant factor . But for various reasons , many applications of rare earth permanent magnet materials industry to use other magnetic materials , not only the cost is not ideal , is not conducive to energy conservation, rare earth permanent magnet upstream companies have lost part of the market . Rare earth catalyst , rare earth luminescent rare earth hydrogen storage , rare earth polishing materials market demand can be expected in the new energy vehicles , advanced manufacturing , environmental protection and other strategic high-tech industries, rare earth permanent magnet materials have similar markets and restore the original expansion of market capacity issues . Rare in glass, ceramics, steel, non-ferrous metals also have good prospects , and solve lanthanum , cerium and other elements of the problem of excess . While encouraging enterprises "going out " strategy, the development of foreign markets, especially the application of rare earth materials market .
Fifth, the use of credit and other financial means to help reduce excess production capacity and excellent companies
May be considered by the rare earth industry trade association based overcapacity establish early warning and information dissemination system to provide relevant information around the commercial banks , and rare earth projects overcapacity class barriers set up the loan . For excellent companies are given appropriate support and other credit terms . Meanwhile in resource factor prices , taxation system, accountability system , such as deepening the reform , the better the rare earth industry access. Around environmental protection departments should strengthen the regulatory environment for rare earth materials companies set strict environmental threshold.
In the rare earth industry to be firmly controlled increments , optimizing inventory , take various measures to prevent the production capacity of rare earth materials launched at further deepening the reform of investment and financing premise to establish and improve market-driven excess capacity to resolve conflicts long-term mechanism . To adhere to the central and local interaction , strengthen coordination services.
Of course , solve the overcapacity rare , there are many issues to consider. As for shutting down corporate employee relocation , debt deal with the problem of handling and transfer of assets of enterprises , product structure adjustment should be carefully studied and solved.
This spring the general election of the new government , from concept to practice full commitment to the market has been highlighting the decisive role in allocating resources , simply take longer simply rely on the Lord to promote economic investment , not trillions repeat the mistakes of investment to stimulate the economy . Currently the central leadership has repeatedly stressed that the country will not use GDP Hero, but the determination to become the central place of action is still some way to go. To solve overcapacity multi-pronged , system solutions , to lay a portfolio , but also to solve the problem , in order to cure based. Through hard work for a longer period of time, really put the high pressure down excess capacity of rare earth and rare earth end products from raw materials to vicious price competition , the formation of the supply and demand balance, reasonable structure, rational competition , the orderly development of rare earth industry new pattern.
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