Multivariate boost domestic rare earth market stabilization and recovery
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- Category: Rare Earth News
- Published on Monday, 04 November 2013 17:36
Rare earth prices listed ITC package to boost the market , the third national reserve is expected to strengthen again . October 31 , Baotou Steel Rare Earth International Trade company publicly listed price of some rare earth oxide , neodymium oxide, praseodymium which 370,000 yuan / ton, praseodymium oxide 600,000 yuan / ton, neodymium oxide 350,000 yuan / ton, europium oxide 5,000,000 yuan / ton, compared with the current market price is high about 10-20%. Affected by the main varieties of the day market price sideways since the end of a few weeks began to rise , up 1.7% neodymium oxide spectrum , dysprosium oxide rose 2.7%. Ignite the market for publicly listed third national reserve of rare earth is expected to start soon . Last Baotou Steel Rare Earth International Trade Company is a publicly quoted price of rare earth in 12 years on November 30 , coincided with the second national reserve of rare earth starts on the eve of the publicly listed market may lead to the third national reserve of rare earths is expected to . The larger market is expected to purchasing and storage , purchasing and storage species include oxidation spectrum neodymium oxide, praseodymium oxide, neodymium oxide, dysprosium oxide, europium oxide , terbium oxide, yttrium oxide, erbium and so on. Strategic purchasing and storage help to consolidate China in the global supply of rare earth in the dominant position , and enhance the worldwide influence of rare-earth prices .
Interim Report WTO ruled China rare earth export restrictions violations, rare large group is expected to accelerate integration . October 28 , WTO dispute panel 's interim report on the earth has been distributed to America, Europe , and of other parties to the dispute , the report is not currently open, the final report may be 6-8 weeks after the official public limited preliminary Chinese Rare Earth export violations. Interim Report WTO ruled China rare earth export restrictions violations, is expected to accelerate the process of China's rare earth industry consolidation , China is brewing a number of New Deal response to export changing situation , including the crackdown private mines, the proposed introduction of "Rare Management Regulations" , the formation of a large group of rare earth , rare earth brewing different varieties differentiated management. Future production quotas , mandatory plan , the new mining permits and other policies generally inclined to the large group . Recently, Su Bo, vice minister of the Ministry of Industry , said during the forum in Davos , the formation of a large group of rare earth is expected before the end of the introduction program .
Rare earth industry consolidation will usher in peer review stage, the follow-up is expected to further boost the market sentiment. Evening of August 7 MIIT jointly eight ministries issued "Combating rare earth mining , production, circulation of illegal behavior special action program ", decided from 2013 August 15 to November 15 in the fight against rare earth mining , production, circulation illegal violations special action , action is divided into three phases, the first is the August 15 to September 30 of the provincial self-examination stage ; second, 30 September-25 October -departmental joint inspection phase , in conjunction with the Ministry of Industry relevant departments and experts will form the Joint Inspection Unit ; third is 25 October to 15 November rectification work summary stage . Currently progress than planned action has been postponed , the current first phase of the municipal self yet complete , the second phase of more stringent peer review would later usher . We believe that the consolidation scope and intensity of combat or exceed all previous actions over the years more than private mining of rare earth rare earth quota of total control and global consumption has become an important reason to suppress the price of rare earth , rare earth industry consolidation action with depth , rare private mining is expected to be effectively suppressed and boost market sentiment , and thus promote the stabilization and recovery of rare earth prices .
NdFeB business orders show some downstream demand is warmer. Including three rings , including some recent corporate orders NdFeB significantly improved, mainly from the automotive, air conditioning and electronic fields improved. Four quarters of the global car sales are expected to increase with the chain over 5 %, driven by demand recovery vehicle NdFeB . Meanwhile, as the August air conditioning cold year end 2013 , air conditioning companies have entered a new one cold year production cycle, replenishment stocking expected to follow expanded , and by the recent inverter air conditioner energy efficiency standards to enhance boost , inverter air conditioner with neodymium iron- boron demand will boost. In addition, three quarters of North American semiconductor equipment manufacturer quarter BB value of 98 , an increase of 20% in the fourth quarter demand for consumer electronics is expected to maintain moderate growth.
Multiple positive plate usher in promoting investment opportunities in rare earth permanent magnet , reiterated favorable ratings . As the third quarter as well as lower than expected demand for the release of systemic risk , some companies have pulled back to the strategic investment value of the interval . Recent positive constant will bring a whole plate of investment opportunities, including purchasing and storage expectations, group integration, as well as downstream hitting earth warmer and so on.
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Hohhot Customs seizes rare case value of 12.1 million yuan smuggling case
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- Category: Rare Earth News
- Published on Monday, 04 November 2013 17:33
Hohhot Customs on October 28 announced that collusion between domestic and foreign smugglers smuggling of rare earth export major official closing net, in one fell swoop in smuggling of rare earth five suspects and seized 130 tons of rare earth involved , worth 12.1 million yuan , suspected of tax evasion paragraph nearly 200 million yuan.
August 17, 2012 , Hohhot Customs investigation is being carried by a smuggling gang smuggled to Vietnam from the Baotou Rare Earth , immediately set up a task force to carry out anti-smuggling case detection and case named " 8.17 " rare earth smuggling case . Panel quickly locked the companies involved , as well as inside and outside the main people involved in the specific commodity involved in rare earth and rare earth mastered from sources to buy , to Guangxi delivery , and then smuggled and capital flows such as smuggling basic context . Subsequently, the panel quickly carry out the external evidence, get involved in the business , personnel basic information to determine the specific time of financial transactions , payment and collection personnel information and the specific amount and so on. Through clues about intelligence and investigative information , lays out the flow of goods involved and the actions involved trajectory analysis to find out the transport drivers , then goods and the domestic delivery location and other details . Meanwhile, the combined results of the analysis , the panel around the flow of goods , capital flow and information related to personnel to carry out the investigation and evidence collection, evidence of further solidify the case .
According to the anti-smuggling to investigators, the case from filing to close the net year-long , in the investigation process, the task force met with difficulties, cracked a number of doubts , domestic companies and foreign companies trading in the place of delivery conventions in the country, while foreign companies will be paid through underground banks in Guangxi Guangxi remitted from Baotou designated account. Two companies in the domestic trade as a cover to avoid regulation , to carry out illegal trade practices hidden, more links , law enforcement agencies can not easily be found . Involved in the supply of rare earths in Baotou City , smuggling occurred in Guangxi -Vietnam border , more than 3000 km away from the two , and some of the people involved fled abroad , investigative forensic work to bring greater difficulties. Task force sent a large number of police rushed to the Guangxi Pingxiang , Dongxing smuggling of rare earth and other places verification link, the police task force to overcome the geographic region Guangxi Port unfamiliar environment, human environment and law enforcement environment, many difficulties , struggling to carry out forensic work . In this process , the task force has been strong with the anti-smuggling department of Guangxi , assistance, access to a very important clues . The case is successfully detected , for a similar offense of smuggling has a great deterrent , but also to produce a strong anti-smuggling enforcement guidance and reference .
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November 1st Price of rare earth products
- Details
- Category: Rare Earth News
- Published on Friday, 01 November 2013 17:48
November 1 rare earth products price quotes
Name | Specifications | Origin / Grade | Reference Price | Price | Change |
Rare earth carbonate | REO 42.0-45.0% | Domestic | 27000-28000 yuan / ton | 27500 | 0 |
Lanthanum oxide | La2O3/TREO 99.5-99.9% | Domestic | 26000-27000 yuan / ton | 26500 | 0 |
Cerium oxide | CeO2/TREO 99.5-99.9% | Domestic | 25000-27000 yuan / ton | 26000 | 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 | 340000-350000 yuan / ton | 345000 | 0 |
Samarium oxide | Sm2O3/TREO 99.5-99.9% | Domestic | 20000-22000 yuan / ton | 21000 | 0 |
Europium oxide | Eu2O3/TREO 99.95-99.99% | Domestic | 4600-4800 yuan / kg | 4700 | -100 |
Gadolinium oxide | Gd2O3/TREO 99.5-99.9% | Domestic | 170000-180000 yuan / ton | 175000 | 0 |
Terbium oxide | Tb4O7/TREO 99.95-99.99% | Domestic | 3700-3900 yuan / kg | 3800 | 0 |
Dysprosium oxide | Dy2O3/TREO 99.5-99.9% | Domestic | 1800-1900 yuan / kg | 1850 | 0 |
Erbium oxide | Er2O3/TREO 99.5-99.9% | Domestic | 350000-355000 yuan / ton | 352500 | 0 |
Yttrium oxide | Y2O3/TREO 99.995-99.999% | Domestic | 65000-75000 yuan / ton | 70000 | -2500 |
Praseodymium neodymium oxide | (Nd2O3 + Pr6O11) / TREO ≥ 75.0% | Domestic | 325000-335000 yuan / ton | 330000 | 0 |
Lanthanum metal | La / TREM ≥ 99.0% | Domestic | 53000-55000 yuan / ton | 54000 | 0 |
Cerium metal | Ce / TREM ≥ 99.0% | Domestic | 60000-65000 yuan / ton | 62500 | 0 |
Praseodymium | Pr / TREM 96.0-99.0% | Domestic | 590000-610000 yuan / ton | 600000 | 0 |
Neodymium | Nd / TREM 99.0-99.9% | Domestic | 440000-450000 yuan / ton | 445000 | 0 |
Metal terbium | Tb / TREM ≥ 99.9% | Domestic | 4800-5000 yuan / kg | 4900 | 0 |
Dysprosium | Dy / TREM ≥ 99% | Domestic | 3000-3200 yuan / kg | 3100 | 0 |
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 | 420000-430000 yuan / ton | 425000 | 0 |
Praseodymium Neodymium Dysprosium metal | TREM ≥ 99.0% | Domestic | 435000-445000 yuan / ton | 440000 | 0 |
Battery grade mixed rare earth | TREM ≥ 99.0% Nd / TREM ≥ 15% | Domestic | 135000-145000 yuan / ton | 140000 | 0 |
Dy alloy | Dy80% | Domestic | 1900000-2000000 yuan / ton | 1950000 | 0 |
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November 1 RE Market Price
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- Category: Rare Earth News
- Published on Friday, 01 November 2013 17:43
November 1 : this rare earth market in the doldrums, demand remains in the doldrums, manufacturers do not offer in the main part of small and medium sized manufacturers of low-cost shipping due to weak demand , the downstream demand procurement , wait and see mood strong , purchasing and storage plan is drawing near, short rare or difficult to significantly lower prices , mainly stalemate .
Dysprosium oxide mainstream manufacturers incl 180-190 yuan / ton, dysprosium iron mainstream manufacturers tax price 190-200 yuan / ton.
Praseodymium oxide mainstream manufacturers tax price 560,000-580,000 yuan / ton. Neodymium oxide 340,000-350,000 yuan / ton.
Lanthanum oxide manufacturers tax price 26,000-27,000 yuan / ton. Cerium oxide mainstream manufacturers tax price 25,000-27,000 yuan / ton.
Neodymium oxide, praseodymium mainstream manufacturers tax price 325,000-335,000 yuan / ton , praseodymium neodymium metal mainstream manufacturers tax price 425,000-435,000 yuan / ton.
Europium oxide phosphor grade mainstream manufacturers tax price 4,600-4,800 yuan / kg . Terbium oxide phosphor grade mainstream manufacturers tax price 3,700-3,900 yuan / kg .
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Rare earth prices have not changed this week, the general trend of price stability have lower
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- Category: Rare Earth News
- Published on Friday, 01 November 2013 17:37
This week the stock market downturn of rare earth market turmoil continue, the majority of species of rare earth offer basic weakness steady or cut again . It is understood that at present , suppliers said that , because of the market outlook is difficult to judge , not to offer. Insiders two days reflect market participants' outlook is slightly better mentality that increase the likelihood of the following prices , but the market price not yet have a clear response , there are still some market participants believe that prices will continue to face downward. Overall, significant improvement in the market yet .
This week lanthanum, cerium market , prices are still low , the trend is stable, supplier price rises less . Due to low market demand , and prices have dropped to the lowest in nearly three years the position of corporate profits thin .
Praseodymium neodymium market this week, neodymium and praseodymium oxide concentrate price trend is still downward , price cuts at 10,000 yuan / ton, Shanghai and Jiangsu Province suppliers reflect , is now clearing warehouse praseodymium neodymium metal , the recent few orders. Currently Didymium market mainstream in 41-42 yuan / ton, neodymium oxide, praseodymium 32-33 yuan / ton.
Dysprosium products market , weak shocks the market this week , the price of dysprosium oxide in 1.75 million yuan / ton for shipping , also there is a business willing to lower prices shipments, dysprosium iron prices are slightly higher than the 3-5 million yuan / ton. Compared to other oxides , the businesses down the magnitude of dysprosium oxide quote the number of times larger and more frequent price adjustment .
This week oxide, erbium oxide , neodymium oxide, yttrium oxide prices weak steady, some traders to accept less than the mainstream market price of shipping , overall price volatility is not . Erbium oxide , neodymium oxide has the magnitude of price adjustment in five thousand dollars / ton, yttria offer a smooth or slightly down 1-2 thousand dollars / ton.
Europium, terbium oxide market, some businesses cut prices , mainly the price is still more concentrated. According to the Shanghai region quotations from suppliers of europium oxide with votes 4.7 million yuan / ton, terbium oxide with votes 3.9 million yuan / ton , the majority of merchants offer at this price point near or slightly below 100,000 yuan / ton.
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The Commerce Department Said China's Rare Earth Reserves Only for 20 Years Or To Be Imported
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- Category: Rare Earth News
- Published on Friday, 01 November 2013 16:42
The Commerce Department said China's rare earth reserves only for 20 years or to be imported.
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WTO preliminary ruling bar to drink bad Zaixi China Rare Earth Industry
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- Category: Rare Earth News
- Published on Friday, 01 November 2013 09:54
In the industry generally believe that China's rare earth industry is about to bottom out on the occasion , bad struck again . Recently, some media reported that in the U.S., EU and Japan jointly sued China " undue restrictions on exports of rare earths " issue , WTO dispute mechanism summary of the " Interim Report of the United States and Japan generally considered reasonable demands ." Report and pointed out: " In late November will introduce the final report is not expected to overturn the judgment , the United States , Japan and Europe may favor on this issue . "
"The Middle East has oil , China has rare earths " , China was once rare to meet 90% of global market demand. Therefore, the Chinese government carried out on the rare earth export quota restrictions will naturally America, Europe and the developed economies uneasy. If the United States and Europe on this issue in favor of the Chinese export quotas will have to make concessions on the issue , and thus the earth tariffs, quotas fully liberalized , rare earth prices is likely to return to this "cabbage price ." Insiders told the South are reporters said , the results with China 's rare earth industry is currently undergoing consolidation, as well as China 's resource strategy is contrary . Therefore, the Chinese government is bound to appeal on this issue , the game is likely to be the result of both sides to compromise .
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Rare case of preliminary or China China is still the opportunity to appeal adverse
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- Category: Rare Earth News
- Published on Friday, 01 November 2013 09:52
Just earlier this week , the World Trade Organization (WTO) dispute settlement mechanism panel ( hereinafter referred to as Group ) v. United States and Japan will have Chinese rare earth export controls dispute interim report circulated made parties to the dispute . Although the final report in 6-8 weeks may be released only after the world, but the media pointed out that the basic group of experts to support the U.S. , Japan and the EU against Chinese rare earth export restrictions policy violations aspirations. Japanese media have even publicly reported that the panel had found the United States , Japan and Europe for Chinese rare earth export controls to make a preliminary ruling proceedings , the plaintiff 's argument basically agree .
"In fact, the news had spread . China's accession to the WTO has been related to the time commitment is indeed a preliminary ruling against China . But right now , China can only continue to appeal. " Xiamen University, China Energy Economic Research Center Lin Boqiang told reporters that , " From the Chinese point of view, this matter not be anxious . "
Chinese respondent reason not being taken seriously
In fact, the United States and Japan and China on the issue of differences in the rare earth has been going on for several years, rare cases have also been consuming half a year - in March 2012 , the United States , Japan, Europe has three trade disputes brought to the WTO litigation request that the Chinese for 17 kinds of rare earths and tungsten and molybdenum export quotas and export duties and other restrictive measures imposed . After bilateral consultations failed to elicit solutions. September 2012 , established by the WTO Director-General panel to adjudicate .
But China is not willing to remain silent . But, one indisputable fact is: excessive production of rare earth will cause environmental destruction and hinder the industry 's sustainable development.
A survey shows that in the rare earth mine , the ore is mined around the end of the earth is no longer the growth of vegetation , and some even whole mountain has been hollowed out into a bald mountain . Jiangxi Provincial Industry and Information Commission had released the relevant data show that in 2011 , the entire Jiangxi Rare Earth Industry profits are only 64 billion yuan, 38 billion yuan of the huge "green arrears" is the year in Jiangxi Rare Earth Industry profits throughout 6 times.
Ministry of Commerce has repeatedly said that on the rare earth issue, China policy objective is to protect resources and the environment and achieve sustainable development, has no intention of trade-distorting way to protect domestic industries . China has always respected the rules of the WTO , and actively fulfill WTO commitments.
But the attitude is still strong in Europe and America . In fact, for resource exports , China is not the first nor the only one to take a quota system . According to Lin Bo , a lot of countries and regions on the export quota , the most typical example is the Organization of Petroleum Exporting (OPEC) oil-exporting countries .
America, Europe and well prepared
Outsiders expected , WTO Panel will , in consultation with the views of the parties concerned , the fastest in the final report released in mid-November . According to the process , the group of hearing the equivalent of " first instance ." If dissatisfied with the Panel 's report , China could appeal to the WTO High Commission for final decision .
However, the domestic industry is still on the case of the final result is not good, and let them generally pessimistic mood because, previously , there have been similar cases - the end of 2011 , the United States , Mexico and the European Union within the framework proposed by China in the WTO Trade dispute request , accusing China 's bauxite and other 9 kinds of raw materials to export quotas and export tariffs, price and quantity control , in violation of WTO rules . The outcome is - China 's appeal is dismissed.
In this regard, Shanghai Han Lu Lawyer Wang Huaitao analysis pointed out , WTO 's final report actually overturned a preliminary ruling concerning Chinese export license , the minimum export price requirements , export quotas and expense management constraints, but maintains a preliminary export taxes and quotas ruling core content rejected the Chinese environmental protection or supply shortages based on the preliminary ruling request an appeal .
" China has always stressed setting export quotas and export tariffs are designed to protect resources and the environment, and protection of natural resources, the WTO allowed, but only if such measures with restrictions on domestic production or consumption with implementation . At present , China has not yet done export quotas and the number of domestic consumption to maintain consistency . " Wang Huaitao that as usual, the decision that is likely to become rare cases the WTO ruling paradigm.
However , WTO principle, requires the elimination of export restrictions, but provides for two exemptions : "To protect people , animal or plant life or health measures " and " with the protection of exhaustible natural resources -related measures , Where such measures with restrictions on domestic production or consumption with the implementation . "
" Therefore, once the results are unfavorable to China , China should actively appeal. " Wanghuai Tao said that China should adhere to the" China 's rare earth policy measures taken for the protection of resources, environment and sustainable development needs of the country 's rare earth production and consumption necessary to limit , in line with WTO rules and exemptions . " Meanwhile, the Chinese supply of rare earth resources , environmental pollution, horizontal comparison on the rest of the world related to scarce resources export tax is also far more than the 10% level . To this end, China should be cited as the implementation of these two provisions justification of rare earth export restrictions and conduct horizontal comparison to illustrate the increase of rare earth export tariffs are reasonable.
Losing does not mean no way out
If the final ruling against China , China will likely open in the rare earth policy controls. Wangguan Tao said China's rare earth industry is no tariffs and export quotas , the price is likely to fall into the melee stage and lead to vicious competition is extremely conducive to environmental protection .
But Lin Bo pointed out that , even if unsuccessful , China is not helpless. " China's rare earth export quota system is in fact only in the industry consolidation is not completed in the case to take a policy response . Solely on the rare earth industry , the integration of related industries in China if carried out smoothly, sooner or later, the quota system is to be canceled . "
It is noteworthy that in the integration process, the Chinese rare earth industry is still faced with two problems , one is the environmental cost, the other is in the domestic and foreign markets are rare problems existed uncontrollability . " Originally , from a market development point of view , the more the more competitive enterprises , industrial development as possible. But it comes to exports of resource products is not so different , but is easier to enterprises bigger and stronger on the export price and size constrain . "In Lin Boqiang opinion, as long as the resource costs increase , rare earth prices will naturally will correspondingly. Meanwhile, if the taxes levied on domestic enterprises , rare earth prices will be increased. However , the most fundamental strategy or " from the inside ", that is the first domestic rare earth governance chaos , and then consider its foreign policy . Moment , the integration of rare earth industry's most important to get the full cooperation of the local government , so that the relevant national regulatory policies issued to really uplink .
It is reported that , WTO litigation fastest at the end of the outcome. However , according to regulations , adjust the new export tariff and quota policies can have a grace period of six months to one year , which may be later than the beginning of 2015, full liberalization of rare earth tariffs, quotas.
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Chinese rare earth export restrictions and reasonable WTO Mo deposit sour grapes heart
- Details
- Category: Rare Earth News
- Published on Friday, 01 November 2013 09:48
Rare aside strategic resource property is not to say , of rare earth production to bring environmental pollution is a recognized fact . Therefore, aware of this problem , the Chinese began to restrict exports of rare earths is reasonable .
Although China is a big country of rare earth , rare earth resources is not the sole owner. The reason why the United States and Japan on this issue difficult for China , largely because the do not want to own domestic rare earth mining .
Environmental problems are not unique to China , but China is also on the deterioration of the environment around the world have been affected . Japan, South Korea had repeatedly condemned China 's haze caused harm to the country . Therefore, from this perspective, the WTO should not referee Chinese rare earth export restrictions violations.
According to British media reports, sources said , the World Trade Organization (WTO) has ruled that China 's rare earth export restrictions incompatible with the rules of the organization , which is Beijing's use of export quotas and tariffs as a tool of industrial policy approach was successful the second time challenges. WTO panel ruling has not yet officially released , but declined to comment .
England on October 30 reported that the lawsuit is from Japan, the United States and Europe filed . China and Japan have been tensions between intensified in 2010 , something happened that year highlights the Chinese international trade in rare earth minerals dominance ; rare earths used in high-tech and military equipment in the field . Also applies to the case of tungsten and molybdenum.
The ruling came after the news on the 29th , the Chinese Ministry of Commerce, an influential policy analyst , said Mei Xinyu , China is likely to appeal. "In my opinion , China is fully entitled to limit strategic resource or cause serious pollution of the earth so that energy -intensive exports. "
Reported that " rare earths " are 17 kinds of metal collectively. China is by far the world's biggest producer of rare earth , despite the high price of three years ago to promote Australia, the U.S. and the recent development of rare earth mine in Greenland started .
Reported that by 2010 , China has gradually reduced for several consecutive years rare earth export quotas to try to encourage the processing of these metals in the country completed . Second half of 2010 rare earth export quota plummeted comes as a Chinese fishing boat in disputed waters collided with Japanese patrol boats , resulting in a shortage of rare earth supply , pushing up prices sharply . China accused of an embargo on Japan .
China in the 1990s, joining the WTO negotiations , the focus of the negotiations is to remove barriers to imported products for China to allow foreign products to compete in the Chinese market . Since then, China has to raise or lower export taxes , and a variety of products export quota system , as an incentive or discourage domestic production capacity expansion tool. These measures mean that the price of certain products in China is far below the international market.
In 2011, the United States, Europe and Mexico in favor of WTO on China , that cases against China for a variety of industrial raw materials export quotas imposed , the case as a challenge to China's rare earth export policy set a precedent.
China insists that the export quota of rare earth mining and processing for the suppression caused environmental damage is necessary. However, in limiting exports, while China has encouraged domestic rare earth processing industry expansion, which led to the WTO rejected China 's claims.
At the same time , China and Inner Mongolia, Jiangxi has two rare earth ore reserves of control into the hands of a few state-owned enterprises to reduce unregulated miners caused environmental damage.
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Jiangxi Rare Earth Industry intends to develop regulatory
- Details
- Category: Rare Earth News
- Published on Friday, 01 November 2013 09:40
October 24 , Legislative Affairs Office of Jiangxi Provincial Government organized in Ganzhou " Jiangxi Rare Earth Industry Regulatory Ordinance " legislative research symposium , to be brought to Jiangxi Province People's Congress legislative items included in 2014 . That the legislative proposal is to strengthen the rare earth resources management, effective protection and use of rare earth resources , establish a sound long-term supervision mechanism of rare earth resources , and promote sustained and healthy development of rare earth industry . The formation of the Ordinance and the legislation could better regulate Jiangxi Rare Earth resources exploration, mining, smelting and processing, management , transportation, supervision and management and other activities.
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