Illegal exploitation of rare earth three people were held criminally liable
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- Category: Rare Earth News
- Published on Friday, 27 September 2013 17:39
September 24, 2013, Shouning County People's Court accepted the city's first case of illegal mining of rare earth. Three people were illegal mining be held criminally responsible.
Shouning County People's Procuratorate accused, by the end of November 2011 Lunar New Year, the defendant Yemou Zhong, Liu Moumao, Linmou Ming and Lin Moufu, Lin Mouqing (both handled separately) and the "Qiu boss" (specifically unidentified) six people jointly, the co-financing 400,000 yuan, in the town of Mei Yeung ShouNingXian Wuqu mountain ridge after undocumented exploitation of rare earth minerals, which Yemou Zhong, Lin Mouqing, "Qiu boss" each accounted for 15%, 20%, 50 % of the shares, Liu Moumao, Linmou Ming, Lin Moufu shares were 5% each, divided according to the proportion of shares.
As of March 10, 2012, these six people through the sale of finished rare earth ore illegal profit 110,000 yuan, of which Ye Mouzhong share 16,500 yuan, Liu Moumao, Lin Mouming each share 5,000 yuan.
Identified by the Fujian Provincial Department of the minerals to weathering crust ion adsorption type rare earth mine, because undocumented exploitation of rare earth mineral resource damage resulting value of 89,300 yuan. Public prosecutor that the three defendant's conduct has violated the Criminal Code Article 343 first paragraph, the provisions of Article 25, paragraph 1, should be held criminally responsible for the crime of illegal mining.
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Japanese submarine technology development status of rare earth development
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- Category: Rare Earth News
- Published on Friday, 27 September 2013 17:37
Recently, the University of Tokyo professor of Earth Resources Hiroshi Kato Thailand, who composed the research team found that Japan South Bird surrounding seabed may exist a large number of rare earths, used in Japan for 230 years. Japanese government officials said the government is planning to conduct a joint study group and the investigation as soon as possible to prepare for these seabed mining of rare earth, the future is expected to achieve self-sufficiency.
Beautiful undersea RE development prospects can be achieved? In an interview with reporters, Deputy Secretary-General Chen Zhanheng Chinese Rare Earth Society, said: "The Japanese submarine development of rare earth from the market still early. Even found a lot of rare earths, at present no economic value , but as a resource reserves, technical reserves, or have some significance. "
RE-called "modern industrial vitamin" as important as gold, oil. 2012 State Council Information Office released data show that China's rare earth reserves accounted for approximately 23% of the world's total reserves, but the proportion of the world supply of rare earth accounted for 90%.
Chinese Society of Rare Earths Tianyuan Group experts have told reporters that the Chinese rare earth production capacity outside of the emergence of China's rare earth industry to bring some challenges, but also alleviate some of the supply pressure for the Chinese, but still far from the rapid constitute huge impact on China's rare earth industry . China in 5-8 years or even longer period of time, will still be the world's main producer of rare earth and commodity supplier.
For Japan to increase research and development of rare earth seabed act Chen Zhanheng that Japan, as a country with scarce resources, resources are dependent on other countries, if there are rare seabed, to achieve self-sufficiency in key resources, is a good way, but the actual There currently fail to meet requirements related to mining technology also. "It can only be a technical reserves, such as ocean nodules technology has been engaged for many years, it has not been able to achieve industrialization."
"Resources on the whole national economy is very important, resource reserves, technical reserves is a long-term national strategy. Japanese economic lifeline constrained resources, it must have its own resources to strategic considerations." Chen Zhanheng believe that this is rare in Japan knows seabed development of technology temporarily mature, but still increase the pace of research causes.
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Purchasing and storage of rare earth rich upstream alleged enormous benefits divided by several large groups
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- Category: Rare Earth News
- Published on Thursday, 26 September 2013 18:41
Recently, some media reported that the state purchasing and storage plan will be ten billion rare earth opened in October , there are already purchasing and storage enterprises began to quietly raise funds to expand production scale , etc., to meet this national reserve .
According to reports, the purchasing and storage enterprises have six participating , purchasing and storage products praseodymium , neodymium oxide, praseodymium oxide , neodymium oxide, dysprosium .
In this regard, industry analysts reporter , from the perspective of the whole industry chain , purchasing and storage of rare earth in reality is "Combating downstream rich upstream . "He believes that this involves the distribution of benefits chain deep-seated problems , Minmetals , Baotou other upstream companies to benefit from purchasing and storage .
" Shouchu only reduce the supply , driving up prices, although in the long run , is indeed healthy development direction, but it does not solve the most critical rare earth industry downstream demand to reduce the problem , is not sustainable. "he told reporters .
Purchasing and storage price becomes critical
Widely believed , the state purchasing and storage of rare earth price, is the most critical part of the entire purchasing and storage part.
According to earlier media reports, the plan will be slightly higher than the national market prices recently purchasing and storage . Analysts believe that if the state purchasing and storage at higher than market prices , will lead to currently hold stocks of goods , such as hoarding of goods traders and manufacturers earn pours . At the same time , the supply contract , the earth will be more serious hype , holding the goods will be an occasion to price increases.
The market is still a popular way of purchasing and storage pricing is in accordance with the first eight months of this year the average price of purchasing and storage . "In this regard we do the statistics , and concluded that the first eight months of this year , the average price is lower than the current market price . "the analyst said . He believes that if storage price below the market price, then the market will stimulate enterprises purchasing and storage price increases confidence in the setback .
State of mind for purchasing and storage from 2007 . In 2011 ago, the majority of people do not know the value of rare earth deep , resulting in a lot of cabbage prices of rare earth products are sale to foreign countries, illegal smuggling rampant. Thus , the state decided to raise prices through purchasing and storage means , purchasing and storage concept was first proposed .
An industry told reporters , after a hurricane assault rare earth prices after 2011 , China's rare earth prices in recent years has emerged dramatically plummeted. According to the U.S. TMR 's follow-up study , currently has 37 foreign countries and regions, 261 companies up to 429 rare earth projects, including the United States , Australia and other 13 countries, 38 large rare earth project progress . The data also show that the next 5 years, China 's rare earth production will grow beyond 10 times , so Wang Jian believes that the current purchasing and storage for price stability is also a great help .
But through Shouchu desire to raise the price of rare earth in the end of last year a purchasing and storage process has been demonstrated little effect . Last year, the country had passed Baotou Steel Rare Earth and Rare Minmetals Rare implemented before purchasing and storage , but never released the exact price and purchasing and storage of rare earth total .
According to a number of rare earth production information organizations for business research , purchasing and storage of rare earths last year, the State Reserve Bureau amount is: 11,000 tons of lanthanum cerium , praseodymium, neodymium 4,000 tons , 1,000 tons of neodymium , praseodymium 500 tons , 200 tons of europium , terbium 150 tons , dysprosium 400 tons , 2500 tons of yttrium , totaling 19,750 tons . The purchasing and storage price is higher than the market price, the total purchase price will be up to 60 billion yuan, payment cycle for up to 6 months.
Purchasing and storage of fat whose pockets ?
The researcher told reporters that the country should also follow the purchasing and storage of rare earth invitation to tender in the form of last year , the State selected several rare earth enterprises , invite several companies to acquire the amount and price of rare earth to bid , after the bidding companies to collect rare and self- preservation, then the way the government through cash back on purchasing and storage of goods for payment. Since the implementation of reserve side in the enterprise , leading to purchasing and storage enterprises to participate in the process of purchasing and storage revenue is very impressive.
Facts have proved that last year involved in purchasing and storage of Minmetals Rare Earth and Rare-Earth has gained a profit from purchasing and storage .
Analyst, told reporters that China Minmetals Rare 2Q11 earnings better than the first quarter, it is due to the recognition of the national reserve of cash back . The same situation also occurs in the Baotou Rare Earth body .
This year, Minmetals Rare has released "on the 2013 second batch of rare earth mandatory production plan targets Adjustment Notice " , announced that its two subsidiaries yields were from the original 835 tons and 600 tons was adjusted to 1335 tons and 800 tons. Analysis of the industry , which is probably connected with the forthcoming purchasing and storage are not unrelated.
Analysts currently provided to reporters may be involved in the business of purchasing and storage of rare earth inventory, total production capacity of 89,500 tons display Baotou Steel Rare Earth ( which LREE 79,000 tons , 10,500 tons heavy rare earth ) ; rare earth production capacity of 38,200 tons of aluminum ( which LREE 18,200 tons , 20,000 tons heavy rare earth ) ; Minmetals rare total capacity of 20,100 tons ; total production capacity of 17,000 tons of rare earth in color ( of which 7,000 tons LREE and HREE 10,000 tons ) ; colored Rising production capacity of 10,500 tons .
"State through the upstream rare earth raw materials purchasing and storage of large enterprises , leading enterprises to master distribution rights are raw materials , in the interests of the rich on the poor will inevitably split , the downstream applications enterprise only passively endure . "the analyst said.
Another industry also said that the rare earth market downturn could last 10 years because of expensive raw materials , downstream of the upstream squeeze profits , and dampen the enthusiasm of end-user applications . This is like a drastic measure , the industry sustains serious injury basis . Thus , the industry recovery no longer depends only on the industry , the need for external conditions match .
Researcher told reporters, as rare earths are purchasing and storage for domestic rare earth industry leading enterprises, purchasing and storage of the huge benefits is mainly divided among several Rare Earth Group , the survival of small businesses continue to compress , plus all aspects of national policy support , rare large group formation process is accelerating.
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Demand for light rare earths market turnover is not active
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- Category: Rare Earth News
- Published on Thursday, 26 September 2013 18:38
Today, rare earth market stable, the market prices basically not much change in turnover situation is not good. Insiders now reflect a little trading in addition to praseodymium , neodymium, erbium, yttrium oxide market deserted , nothing shipments .
Gadolinium-based product markets, Ganzhou and Baotou manufacturers and traders offer basically stable , some suppliers reflect price slightly downward slightly . Currently gadolinium market , with ticket prices at 19-19.5 yuan / ton or so, gadolinium- iron with a ticket price of 20-20.5 yuan / ton , the market demand for small purchases , the purchase price is low.
Dysprosium products market , vendors today offer a smooth , market demand is weak , there are basic maintenance quoted at 200 yuan / ton lower price, dysprosium iron market with ticket prices remain at 2.1 million yuan / ton.
Waste magnetic electric car market today is still relatively deserted, small retail wait hold stocks , the market transaction is not active , there are some quotes before stopping waive some traders began to re- offer delivery, but the price is low , the current market price recovery in short of 94 yuan / kg, long 104 yuan / kg, tile 124 yuan / kg in the vicinity . Waste Electrical and multi- market recyclers do not want to indicate receipt, without quotes, Linyi region brushless motor scrap quoted at 81,81.5 yuan / month or so, Taizhou region has expressed recyclers now even 80 yuan / month do not want it. Brush motor scrap prices also fell slightly to 137,138 yuan / month or so.
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Foreign RE development company shares are rising
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- Category: Rare Earth News
- Published on Thursday, 26 September 2013 18:36
Avalon Rare Earth on Tuesday, the company has risen by 11% over the past three months, 80% of value added , about this company and the Northern Territory in Canada Nechalacho rare earth project does not provide any fresh news, but just like other heavy rare earth developers , they are subject to heavy rare earth prices positive impact .
Located 100 km southeast of Yellowknife 's Nechalacho will be Canada's first rare earth mine , the potential value of about $ 1.6 billion . Avalon depict it as a Chinese company the largest rare earth deposits outside of mine .
2011 rare earth prices peaked after LREE prices both plummeted, but from the lowest point since July this year , terbium , dysprosium used in high-tech industries such heavy rare earth material prices rising rapidly.
Dysprosium is to create one of the ingredients of hybrid vehicles , often and vanadium and other metals used in the manufacture laser materials , from July , the metal dysprosium prices have risen to $ 700 / kg or more , or up to 100 U.S. dollars / kg .
Other large rare earth exploration companies and mining companies are also eagerly sought after by investors , such as REE, and TRER 's share price has more than ten percent on Tuesday rose .
Australian Olympic Resources released to shareholders in Ngualla rare earth project in Tanzania , the shares rose 9%. Canadian GWM company's shares rose more than 4% .
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September 26 rare earth price quotes
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- Category: Rare Earth News
- Published on Thursday, 26 September 2013 18:33
September 26: RE market continues weak run today, because buyers demand for light, the market turnover continued to light, together with the National Day holiday approaching, the market turnover does not appear to be more optimistic about the current manufacturers also suspended quotes, market lows stalemate.
Dysprosium oxide mainstream manufacturers tax price 200-220 yuan / ton, dysprosium iron mainstream manufacturers tax price 210-220 yuan / ton.
Praseodymium oxide mainstream manufacturers tax price 560,000-580,000 yuan / ton. Neodymium oxide 350,000-360,000 yuan / ton.
Lanthanum oxide manufacturers tax price 27,000-28,000 yuan / ton. Cerium oxide mainstream manufacturers tax price 26,000-28,000 yuan / ton.
Praseodymium neodymium mainstream manufacturers tax price 350,000-355,000 yuan / ton, praseodymium neodymium metal mainstream manufacturers tax price of 450,000-455,000 yuan / ton.
Europium oxide phosphor grade mainstream manufacturers tax price 4,800-5,000 yuan / kg. Terbium oxide phosphor grade mainstream manufacturers tax price 4,100-4,200 yuan / kg.
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Rare earth stocks are expected to rise again by the end of
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- Category: Rare Earth News
- Published on Wednesday, 25 September 2013 17:33
Previously driven by rising prices of rare earth sector 's recent performance is weak, however , has some industry sources, purchasing and storage plan is expected rare start in October this year , will bring good industry .
However , some companies responded by saying No related notifications. Analysts said Shouchu expected , hitting the earth and at the end of restocking soon , short-term rare earth prices remains bullish , stocks are expected to be a wave of market.
"State purchasing and storage began in October . "Guotai Junan Securities analyst Sang Yong Liang in the latest research report revealed . It is worth noting that the rare earth Shouchu recently become a hot market . A source said, the state purchasing and storage plan will be in October on earth , the whole dish will have ten billion yuan purchasing and storage , and is mainly in the heavy rare earths. There are rare earth companies pointed out that although the state purchasing and storage , but in fact last year was the invitation to tender in the form of enterprise , large rare earth enterprises will generally be invited , especially state-owned enterprises . According to the sources, the purchasing and storage enterprises have six participating , including Baotou Steel Rare Earth , Minmetals Rare Earth , the color of shares , the aluminum rare earth, Rising colored , Ganzhou Rare Earth Group , purchasing and storage products 4000 tons neodymium oxide, praseodymium oxide, praseodymium, neodymium oxide of 500 tons , 1200 tons of dysprosium oxide , or 1,500 tons , 300 tons erbium oxide , also plans Shouchu europium oxide, terbium each 500 tons , yttria 2500 tons or 2000 tons, and lutetium oxide , a total of 10,000 tons or more, and will be slightly higher than the state purchasing and storage recent market prices .
In this regard, most analysts believe that the pace of purchasing and storage plan earth is getting closer . "We circle are expected in October will be relatively clear policy ideas . " an industry source said .
After July to August after rising continuously , A-share market of rare earth stocks are also into consolidation , many stocks down significantly. However, industry analysts said that in addition to purchasing and storage plans, by the end of the rare earth industry will usher in a lot of good , it is expected there will be a wave of market .
Sang Yong Liang pointed out that the short term, the probability of rare earth prices are still rising , on the one hand , some rare earth production quotas depleted stocks in late September is also running low ; fourth quarter and some magnet material into the production season, there is added library needs. Meanwhile, the state -level anti- rare earth industry will also bring good .
Nonferrous metals industry analyst Shi Yi also believe that the State Reserve Bureau seems to have become rare in recent years, purchasing "custom" , although some revenue reserves outside the quota , but the market supply and demand is expected to change because of purchasing and storage . Rare earth prices rose from 2010 since almost all related with the supply side . Therefore, in the purchasing and storage , large corporations such consolidation is expected backdrop, rare earth prices are expected to continue to rise.
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Japanese media: the global development of rare earth brakes
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- Category: Rare Earth News
- Published on Wednesday, 25 September 2013 17:30
According to reports, the new rare earth mine development is gradually stop. Since 2010 to 2011 the price surge, Japan and other countries to reduce demand . The prices has led to the development of business and government willingness to cool. In addition, the slow recovery in demand also have a negative impact .
According to the U.S. Geological Survey Bureau statistics, in 2012 the global production of rare earth ( calculated as oxide ) was 118,900 tons , and in 2011 was essentially flat. Compared to recent record highs of more than 10% reduction by 2010 , after the start of the year is still in a sluggish state. In addition to the implementation of China cut , the new mines outside of China plan was postponed.
Toyota Tsusho plans to join hands to promote local businesses in eastern India, rare earth co-production business. Originally planned since 2012, use of the service provided annually 3,000 ~ 4,000 tons of rare earth , but is not yet fully available . The company also admitted that " delayed delivery is a foregone conclusion ."
In addition, the U.S. molybdenum mining company (MolycorpInc.) has halted plans to increase production . The company had initially planned in 2013 within the annual production capacity to 40,000 tons , currently considered "rare earth demand will remain weak ." It is predicted that in the second half of 2013 the company 's production capacity is only about 10,009 tons.
Japan Oil, Gas and Metals Mineral Resources Agency will be funding development of the Japanese companies in overseas mines or funded resource companies to help. However, according to reports, the rare earths such as lanthanum and cerium new projects also reduced.
Development of rare earth thermal cooling , in large part because of reduced demand in Japan . Japan had accounted for over 10% of global demand . According to the Japan New Metals Association statistics, in 2012 Japan's domestic demand for rare earths is 14,470 tons , 31% less than in 2011 . Especially for the magnets and rare earth glass abrasive materials fell significantly .
For motor neodymium magnets made in China export prices to Japan in July 2011 had risen to about $ 460 per kilogram , up in January 2010 to 12 times , but in June 2013 has dropped 8 percent. To the end of August , then dropped to $ 90 or so.
Even so , the demand has not yet shown signs of recovery . This is because the demand for those affected by the price rise , completely cut rare earth usage. Japan Central Glass took reuse within the plant used in the manufacture of glass, abrasive materials and other initiatives, thereby reducing the amount of rare earth new purchases from 2010 to 2011 to 6 percent. The company said , "Even if the price spikes stabilized, will continue to reduce the amount of rare earth ."
According to the Japanese trading company that has yet to digest the magnet manufacturers from 2010 to 2011 rare earth inventory purchases , so " new demand is decreasing ."
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China rare earth prices or rising again
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- Category: Rare Earth News
- Published on Wednesday, 25 September 2013 17:24
China rare earth prices may rise again . A few years ago , China has slashed exports of rare earth , rare earth prices once the hurricane so , but after that the basic price of tranquility .
On Tuesday, China 's third-largest producer of rare earths China Nonferrous Metal Industry Co., Ltd. (China Nonferrous Metal Industry's Foreign Engineering and Construction Co., Referred to as: the color of shares ) announced through a private placement to raise funds as part of the funds raised will be used in the Guangdong Province to establish a rare earth oxide processing plant . The latest sign that China 's rare earth industry and promoting the integration of the domestic rare earth processing of high value-added measures are to take effect .
Associated Press
2010-2011 turned over several times between the rare-earth prices , from the unknown a few years ago suddenly become one of the most popular items . This is mainly a result before the Chinese government to set up rare earth export quota of rare earth pricing strive to control more right to speak ; when 95% of the world 's rare earth trade are controlled in the hands of China .
Including 17 kinds of rare earth elements chemically similar , is a very important strategic mineral resources, small to iPhone, large missile systems to be used in the manufacture of high-end products of rare earth .
Although the Chinese government said was mainly due to export restrictions concern for environmental factors , but this raises concerns about end- consumer of rare earth , rare earth prices which soared. For example, for the production of colored glasses and enamels praseodymium oxide prices in the end of 2009 less than 100,000 yuan ( 16,650 U.S. dollars combined ) / ton, but by mid-2011 has soared to more than 1 million yuan / ton. But by this summer , and praseodymium oxide prices fell to 345,000 yuan / ton. Other rare earth trend is also roughly the same . Rare earth prices fell to a certain extent because of rare earth enterprises Western countries , especially Australia's Lynas Corp. Take measures to increase the amount of rare earth mining and processing , thereby weakening China's rare earth pricing influence.
The color of shares on Tuesday that it plans to raise as much as through private placement 1.79 billion yuan , of which 450 million yuan ( $ 73.5 million total ) will be used for the construction of factories in Guangdong , the plant's annual production capacity of rare earth oxides 7,000 tons.
In the color of shares announced the decision of the occasion, analysts generally expect China 's rare earth prices continue to rebound after this summer will further rise, because the electronic parts and other rare earth raw materials for manufacturing enterprises is bound to be more demand . For example , Apple (Apple Inc.) Suppliers may on rare earth there is an urgent need . Apple 's latest iPhone, the first three days of sales have exceeded analyst expectations , reaching 9,000,000 .
Analysts pointed out that the reason why China 's rare earth prices rebounded in July and August , in part because of the country 's fight against the illegal exploitation of rare earth , rare earth prices and partly because of a technical rebound . In addition , the rare earth market demand is also increasing.
Although people on China 's rare earth export quota policy worries , but since the second half of 2008 rare earth export quota policies since the quota has never been exhausted. China Customs Statistics Information Service Center (China Customs Statistics Information Center) Tuesday, citing China 's General Administration of Customs data, said China 's exports in the first eight months of this year, 13,537 tons of rare earth ore , metals and compounds , representing an increase of 62.5% over the same period last year . All businesses this year rare earth export quota of 31,001 tons. Earlier this year, a drop in prices triggered a rare bargains , while Japan's strong demand to support a rebound in the price of rare earth .
North Square Blue Oak rare earth analyst Frank Tang is expected, with the market demand and the rising cost of labor and the environment , the coming months will continue to gradually rise in rare earth prices .
Tang said that despite rising production costs , mining companies are still optimistic that they considered to have the price advantage of Chinese rare earths will continue to be the market, because China 's labor cost is lower than Australia and other producing countries , but also required to comply with environmental protection in China too much like the standard as high as in developed countries .
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China August exports of rare earths grew
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- Category: Rare Earth News
- Published on Wednesday, 25 September 2013 17:22
Headquartered in Hong Kong, China Customs Statistics Information Service Center (China Customs Statistics Information Center, abbreviated CCS) Tuesday quoted the General Administration of Customs said the data, China in August of rare earth ores, metals and compounds export volume of 2,352 tons.
Data show that in August export volume growth of 32.3%, an increase of 22.4%.
Data show that 1-8 months of this year, exports totaled 13,537 tons, an increase of 62.5%.
However, due to the global rare earth prices fell due to weaker demand, rare earth exports continue to decline. Data show that 1-August China Rare Earth Exports dropped 55.5 percent year on year, to $ 282 million.
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