Xinfeng County , Xinfeng River because of this origin of the name. This is known as "Guangdong Shangri-La " in place, long-term guarding Jinshan green water, up for grabs.

Fung is the eastern Northwest typical post prone areas, is the province a new round of poverty alleviation and development 21 poor counties, in 2012 the total economy less than 50 billion yuan, the total economy , fiscal revenue is still in Shaoguan City last a . However , in-depth understanding of Xinfeng will find that the county poverty , accelerate the development of the explosive , hidden in Jinshan green water - ecological and resource advantages into .

New County has particularly rich rare earth resources , and its reserves and quality of the county unit in the province 's premier , has to create the world 's largest production base conditions . Xinfeng equally rich in ecological resources , is speeding up the construction of tourism projects that will attract more and more people come to the Pearl River Delta leisure and health .

Hold Jinshan ? ? Rare earth industry began to force

In April, an exciting news spread like wildfire in the new urban and rural County , so the county cadres and the masses excited.

Approved by the National Development and Reform Commission , annual output of 7,000 tons of rare earth separation project located in Xinfeng County , and will be on October 28 this year to start construction, which is the world 's largest rare earth separation project .

" The separation of high-tech materials and processing , is the hope of the future Xinfeng development , which is the most valuable resource advantages , Xinfeng , will rebuild a Xinfeng . "The new County Executive County ching Joe said.

According to reports, the new County has proven ore reserves of rare earth , rare earth mine in Guangdong accounts for about 67% , is the most abundant rare earth ore counties .

"We really are holding golden rice bowl , begging ! " ching Joe said rare earth mining and separation , are state approval of the project for a long time , the new County and no earth ore mining rights .

It is reported that Xinfeng rare earth separation project is mainly the color of shares by the central enterprises and provincial enterprises Rising Group as an investor to be responsible for the implementation . Currently, the new County of rare earth mining permit has not yet separated rare earth raw material source project , the province surrounding the original relies mainly on a few rare earth ore produced raw materials, and the two enterprises in Jiangsu Province produced ore.

" The development of rare earth projects , relying on the strength of the central enterprises and provincial enterprises do, largely from the protection of the ecological to consider. " ching Joe said that the strength of state-owned enterprises , socially responsible, in the rare earth mining and separation processing can be done on the surrounding soil and water conservation and environmental protection.

The world's largest rare earth separation project located in Xinfeng , rare earth mining rights for the next fight , paving the way .

" The reason why the largest rare earth separation project in Xinfeng , mainly Chinese New County rich reserves of rare earth resources . " ching Joe representation . Previously , the state suspended the rare earth mining license approval. Currently, the new County are looking forward to an early approval of rare earth mining right down .

Once rare earth ore mining rights , the new County County Economic impact will be far-reaching . At present , the province has Xinfeng into rare earth mining permit applications in key areas .

Currently, the new County is redoubling its efforts to promote earth characteristics of industrial park construction . Rare earth ore mined , where you can separate the various elements , and then use the different roles of various elements for further processing . This deep-processing products out is widely used, known as the " industrial MSG ." Many isolated element or scarce , extending from industry also belong to high-tech industries .

"This is the focus of the future direction of development , Xinfeng . "The new Fengxian county party secretary Chen Junlin said Xinfeng rare earth industry Shaoguan ten billion project has been included in the project . This project done after pulling on the local economy would be enormous , as Xinfeng economic development engine.

"There are not enough new County of GDP 5.0 billion, the project is completed, Xinfeng 's economy will more than double , and local revenues will exceed $ 500 million. " Chen Junlin representation .

Dialogue Xinfeng county party secretary Chen Junlin

In early 2012, the new resurgence of the illegal exploitation of rare earth encountered County case , then is how to solve this puzzle ?

Chenjun Lin : in 2012 the provincial government to expand the deployment of the " three two" work, we will fight against the illegal exploitation of rare earth regulation as a " three strikes " top priority, strike out, an iron fist remediation . The year that has achieved results , the county achieved all illegal mines " six no " requirement ( ie, no staff , no plant , no equipment , no electricity , no water production and life , without closing mineral pools ) . Meanwhile , the formation of long-term mechanism to consolidate the victories , to never troubles . We absolutely can not allow illegal mining to destroy ecology , environmental pollution, destruction of resources .

In fact , only protect rare earth resources , in order for the next prerequisite for sustainable development and utilization , or build rare earth industry characteristics can only be " empty talk ."


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24 September Russian Academy of Sciences, Siberian Institute Alexander Axieyefu said here on the 24th, in addition to conventional oil and natural gas outside, diamonds, rare Arctic region has become a new hotspot of global resources. He said Russian scientists plan located in the Arctic Yamal - Nenets autonomous regions to establish a new research station.

Exieyefu said that the next few years, the development of human nature will continue to advance towards the northern end of the earth at the same time, the development will also face the challenge of keeping with this trend, the Institute of the Russian Academy of Sciences, Siberian research activities will be further expanded to polar regions.

Exieyefu revealed that scientists have recently Samoilov Chomsky tundra island established a long-term observation stations, monitoring and research global warming is expected, melting permafrost zone problems.

Currently located in the Arctic Ocean coastal countries to ground-based observatories and Arctic ice floes drifting stations hundreds of circumpolar countries generally built in the Arctic climate, oceans, aurora observatory.

Soviet Arctic ago, has 31 stations, but the breakup was interrupted Build and expedition 12 years, Russia, in 2003 began to build a new observatory, restart the Arctic scientific expedition.


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3,000 acres of rare earth industrial park located in the county back to Dragon, will be 7,000 tons of rare earth separation separation plant project as a leader, develop mining, separation and downstream industries as one of the rare earth industry chain. Currently rare earth separation plant project has been completed land acquisition, geological exploration work ongoing plant construction.

To save space, the project's plant construction sites are mostly located in the mountains. Exploration site, the reporter saw drill deep soil, samples were removed for testing.

At present, the factory site exploration Point has 82, according to the exploration personnel, if the exploration samples are reddish-brown rocks and soil, then the construction is relatively low degree of difficulty, but from the exploration point of view, most of the survey points out of the soil exploration mostly clay-based, sandy soil in some places and even, to some extent increased the difficulty of construction.

Exploration personnel, then they will be based on a detailed exploration of the specified design conditions, is expected to be completed on the 20th of this month exploration drilling, geological reports obtained, plant construction is expected to commence in late October.


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Rare markets remain weak at present , because the supply and demand have their own poor, the trend is slightly different for each product of rare earth oxide, praseodymium market traded slightly better , neodymium oxide weaker . Approaching festival , coupled with weak demand , some suppliers keep watching the market , the price adjustment is not made ​​clear .

It is understood that the grass Shen praseodymium oxide current offer Firmer , before Ganzhou quotes from suppliers concentrated in the 58, 59 yuan / ton , and now there is a business offer to raise 600,000 yuan / ton. Neodymium oxide market Inquirer purchase less stable or slightly lower prices , the current mainstream in 350,000 yuan / ton. Neodymium oxide, praseodymium market now offer remained stable , traders will ship strong , with no ticket prices were essentially unchanged or slightly lower , the current mainstream market with a ticket price of 345,000 yuan / ton, with no votes 295,000 yuan / ton so, individual vendors can slightly lower than the price of shipping .

Rare earth carbonate market, the recent price of basic and nine months early flat, no significant fluctuations , according to Baotou manufacturers said that the current price of rare earth carbonate with no votes in the 25,000 yuan / ton. Lanthanum cerium metal market remained stable, no significant adjustment , with ticket prices at 47,000 yuan / ton.

Since September praseodymium neodymium , dysprosium class market performance is weak, there are different ranges of prices down, manufacturers demand appropriate procurement magnetic , magnetic products offer also slightly down, Zhejiang and Guangdong region recently some manufacturers offer basically slightly rough cut 3-7 yuan / kg . For processors , the more hope there is significantly warmer end demand , while raw material prices could remain stable .

Waste magnetic electric car market , the manufacturers offer suspend or stop watching the market , traders larger stocks or select closeout , downside risks continue to circumvent the market outlook , the market is not more than wait recyclers receipt, or keep the prices down a small amount of receipt. Today Waste Electrical and magnetic scrap prices down in varying degrees , the current electric car motor scrap market in Jiangsu and Zhejiang and Shandong brushless 78-81 yuan / month or so, part of the recovery price of 82 yuan / month. Waste magnetic short of electric car 94 yuan / kg, long 104 yuan / kg, tile 124 yuan / kg, the market into a stalemate .


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Recently, Jiangsu Provincial Quality Supervision Bureau checks tea products found in Xuzhou City, Ruby Chang Limited production oolong tea , a rare limited value reaches 3.7 times the standard requirements .

Not long before , Jiangsu Provincial Quality Supervision Bureau also reported in the second quarter of the provincial quality supervision and inspection results , including seven high tea brand tea Rare Limited ( the total amount of rare earth oxides ) project failed.

According to the rule of law weekend reporter, current GB2762-2005 " of contaminants in foods " stipulates that the tea industry in the rare earth content values ​​up to 2mg/kg, namely tea rare earth content not exceeding two millionths , and corn ( 2327 , -9.00 , -0.39% ) , wheat and other food categories the same standard .

"This is a typical Chinese standards , but many Chinese tea enterprises did not own standards , we take very seriously , procurement will be relatively cautious ." Associated British Foods plc ( hereinafter referred to as " ABF " ) , general manager of Greater China Su Zhijie recently publicly stated .

Meanwhile, there is news that China's tea products due to excessive levels of rare earth affected tea exports . It also makes a unique Chinese tea "rare earth limits " once again brought to the cusp .

" In the industry, tea Rare limits were plagued by not one or two days ." Xiamen Yun, director of operations Fancheng Sheng Ming Tea sighed .

"Unlike other pesticide limits is different is that people want a lot of tea this standard compliance can not be achieved ." Xiamen Ming Tong Tea Co., Ltd. , Mr. Xi points to the person in charge of many people's thoughts tea .

So , what kind of standards to allow foreign investors puzzled by the prohibitive for Chinese tea , tea industry and the domestic industry practitioners very tangled it ?

Hinder foreign procurement

Five cloud Tea Group Vice President Ouyang Tao Kun said, because no tea rare earth content of foreign -related standards, making a large number of multinational companies can not purchase Chinese tea .

Foreign merchants often when in the inquiry , whether the product will be on earth to ensure compliance with the standard is quite concerned . However, the standard of the current lot of tea industry peers is too harsh , in order to make tea meet the standards , companies would have to pay exorbitant costs, thus causing prices to uncompetitive.

Analysis of the industry last year, China's tea export volume decreased by 2.82% , and this situation is not unrelated.

Reporters learned that foreign originally heard tea contains rare , often quite surprised . However, through exchanges with the domestic merchants after they discovered the rare earth in China along with the process of tea plantation , tea products appearing in almost inevitable . In the face of this situation , foreign investors will often purchase a detailed verification of tea sources to find quality products.

ABF 's Twinings tea buyers Nick told reporters , before purchasing tea , they often need to ask a few questions traders : "tea come from ? Fertilization and growth process of how de-worming ? Can ensure rare earth content is not excessive ? "But a lot of tea traders end up unable to give a satisfactory answer.

There are some Chinese tea merchants for clear explanation of rare earth content standards , which makes it not quite understand the criteria for the foreign increasingly confused. So many foreign investors would choose a more appropriate way , directly from the tea base receipt.

"At least from tea production base close to the tea -related test data are very clear ." Nick said that .

However, there are drawbacks from the base procurement that procurement costs will increase.

For foreign and want to purchase directly from Chinese tea tea base , you need to select via certified products comply with EU standards rare earth content of the tea base. And this tea bases are few and far in China , mainly in Zhejiang, Yunnan , Anhui and other places. This makes the cost of acquiring foreign traders buy tea rather than through much higher .

Reporters from China Import and Export Chamber of Commerce learned native foods , such as excessive pesticide residues due to rare earth content detection problem , in 2012 , China 's tea exports to the EU fell by 5.2% year on year , the amount of tea exports to Japan decreased by 4.3%.

In this regard, Fancheng Sheng believes that today the tea industry, pesticide testing standards with international standards have not been to some extent hindered the multinational companies in China to carry out large-scale procurement. Meanwhile, foreign direct Rare limits Forced closing tea from tea base , but also restricts the export of China's tea exports in bulk low-end model from the export of raw materials to high-end tea tea transformation.

"Qualified" distant

Since the earth limits on such a huge impact on the tea industry , tea merchants why not " repentant " to the standard line ?

"We do not want to, but can not ." When a reporter through Alibaba [ microblogging ] high tea from Fujian Anxi one person in charge of inquiry , the person in charge told reporters responded.

Anxi Tie Guan Yin as the birthplace of tea , tea industry is quite fast. However, the local merchants , the earth seems to have become standard limit pressure on them the burden can not be removed .

Hangzhou Tea Research Institute , vice president Yang Xiufang told reporters that the rare earth content in tea is difficult to suppress the reason is because from the earth during the growth of tea : tea tree will absorb from the soil rare earth metals, rare earth-containing spray to tea . " fertilizer " can also cause rare in tea have residual ; eVEN IF SUCH situation can be avoided during the growth of the tea will continue to accumulate some of the elements, and the longer growing season , higher rare earth content , can not be avoided .

Nevertheless, people are still trying to close around the tea standard defined bottom line.

Anxi tea to status quo , for example, local agriculture and fruit tea Bureau staff told reporters , in fact , since the standard distribution of rare earth tea since the implementation of the tea-producing areas are actively taking measures to deal with this problem : on the one hand , the regulatory authorities in strengthening rare earth content on garden soil survey , detection, high rare earth content of soil tea tea back to forests and the gradual implementation of the new transformation of the tea plantations strict control over its rare earth soil indicators ; on the other hand , the regulatory authorities are also strengthening checks on fertilizers , high rare earth content prohibited sale and use of fertilizers , are not allowed to enter the local market , has recently been dozens of fertilizer in Anxi shelves . These measures to improve the quality and safety of tea does play a role.

However, these measures have only suppress the symptoms , not the illness .

The Anxi tea enterprises responsible person told the reporter , internal quality control is very strict, the planting process all organic fertilizers , even in the process of picking tea leaves and tender also try using mining techniques . But no matter how hard they try , as long as he took the samples to detect, rare earth content of tea will be exceeded substantially . It made him feel all efforts are in vain. The past two years , the company handling 5-8 every year cause excessive rare quality sampling problems arise , however, in addition to struggling to cope , but no law can be thought of him .

"Tea in the rare earth content and soil parent material , whereas the soil in Fujian tea itself is rich in rare earths , in my submission have been thousands of tea samples, according to the same criteria , only need to detect five kinds of rare earth element content , tea pass rate will not exceed 60%, while in 2012 , the state is even more rare earth content detection methods to adjust for the 16 kinds of rare earth elements were determined , estimated the sample will not be able to pass more than 20% . " Fancheng Sheng told reporters cited an example .

In this regard , Fujian merchants generally expressed deep feeling , while the production of which oolong , pu-erh tea tea enterprises and farmers concerned, the matter is poked a sore spot in their hearts .

Reporters from Anxi oolong tea trader at a number of learned and green tea , black tea leaf tea buds just take a different , oolong tea, black tea, brick tea usually takes high maturity picking leaves open face , but in general, the new Ministry bud tip lowest rare earth content , the higher maturity leaves containing rare earth content is higher, it is this distinction so many cooked Chacha business into a " not standard" embarrassment.

Anxi County, the Secretary of Agriculture and fruit tea Cai Jianming said, according to the relevant measurement data , China's tea, green tea rare earth exceeded the rate at 10-20% , oolong about 60% of the standard rate , while black tea, Pu'er tea has nearly Jiucheng products rare exceeded.

Seen in this light , merchants mouth "can not target" , seemingly out of anger , but in reality it is out of frustration.

Urgent solutions tied tea industry

In fact, on the rare earth industry, tea industry standard limit always exists controversy.

"Tea in the rare earth content and grains background values ​​( environment uncontaminated case, the normal content of a chemical element ) falls far short of the two are the same rare limited standards, it seems a bit too strict tea . " Yang Xiufang told reporters , cereals rare earth content in the background values ​​between 0.35 to 0.4mg/kg , while rare earth content in tea background value reached 0.23 to 1.76mg/kg, which makes the rare earth content of less than 2mg/kg defining criteria of tea is almost close to the limit.

Setting such a limit standard , is it because the intake of rare earth once more than the standard , it will cause harm to human health ?

According to the Shanghai Institute of Metallurgy "published efficacy of rare earth elements and health effects " shows: REE if long-term low -dose intake, can indeed accumulate in the liver , causing liver morphology and pathological changes in liver cell injury , hepatic metabolism disorder caused fatty liver, but the specific uptake value the article but did not express .

Numerous inquiries from reporters, relevant information , and ultimately from the Institute of Geochemistry, Chinese Academy of Sciences released a study has found few data standards : " RE acceptable daily intake of adults as 4.2mg more properly ." And Anhui Ministry of Agriculture key Laboratory of Biotechnology of tea , there are studies that tea REE 3 /4 or more insoluble in water but remain in the tea leaves , people drinking tea intake is less than 1/4.

"In other words , even if limited in accordance with the highest standards , rare earth content in tea reached 2mg/kg, ingested through drinking earth wants endanger human health , adult day drinking at least 8 kg or more and in fact , once Guangzhou reached a per capita consumption of tea consumption in the world , this figure is only an average 2.5 kg . Notice that the average annual consumption of 2.5 kilograms . " China tea Circulation Association Deputy Secretary-General told reporters Yao Jingbo said excitedly . In his view, since the set threshold has affected tea production and sales, from planting to production to sales , rare limited standard to give the " shackles " have been everywhere.

"If you want control of pesticide residues in tea people can do , and should do , but the countries to develop standards in the heavy metal content in tea for risk analysis , it should take into account the heavy metals leaching rate and intake. a standard, if the majority of people still can not match endeavor , whether it is debatable ? "Ouyang Tao Kun sighed.

At present, China already exists 1100 tea-producing counties ( cities, districts ) , there are farmers more than 8000 million people, 40 million people involved in tea . Most tea-producing counties in the mountains , the economy is relatively backward, these mountain tea has become the main source of the masses . Whether the development of tea industry is limited, will be high tea and living conditions of farmers produce effects can not be ignored .

In this regard, the Ministry of Agriculture Tea Quality Supervision and Testing Center Deputy Director Liu has said publicly that , when tea RE standards promulgated in haste , without good risk assessment and testing. And this year the new testing methods and testing instruments came out, the problem is indeed rare tea caused a great challenge .

Insiders agree that the Chinese tea with international testing standards should be standards, abolish exclusive Rare limits . But Yang Xiufang opinion, this view is too extreme : " I do not cancel Rare limits , but the standard should be relaxed in a strictly controlled artificially added , while ensuring the healthy development of tea industry ."

Tea Research Institute of Chinese Academy of Agricultural Sciences researcher Chen Zongmao also believes that , through the determination of rare tea , concentration levels , sources and ways of research, scientific research institutions have confirmed the existence of tea Rare limits certain degree of irrationality. Therefore , it is imperative as soon as possible to the existing tea Rare limits re- assessment, development of more scientific and reasonable indicators. The quality inspection, industry and commerce departments should also be revised and improved standards of tea after a rare enforcement , so can guarantee the health of consumers but also conducive to the healthy development of the industry .


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September 25 nyheder: denne sjældne jordarters marked fortsat svag, nogle arter fortsætter med at falde en smule. Præganglioniske downstream købere sjældent købe, handlende vælger en lille billig shipping, fabrikkens produktionskapacitet på grund af den lave stoppe watching markedskursen, markedet var omsætningen lys.

Dysprosiumoxid mainstream fabrikanter skat pris 200-220 yuan / ton, dysprosium jern mainstream fabrikanter skat pris 210-220 yuan / ton.

Praseodymoxid mainstream fabrikanter skat pris 560,000-580,000 yuan / ton. Neodym oxid 350,000-360,000 yuan / ton.

Lanthanoxid producenter skat pris 27,000-28,000 yuan / ton. Cerium oxid mainstream fabrikanter skat pris 26,000-28,000 yuan / ton.

Neodym oxid, praseodymium mainstream fabrikanter skat pris 350,000-355,000 yuan / ton, praseodymium neodym metal mainstream fabrikanter skat pris 450,000-455,000 yuan / ton.

Europium oxid fosfor kvalitet mainstream fabrikanter skat pris 4,800-5,000 yuan / kg. Terbium oxid fosfor kvalitet mainstream fabrikanter skat pris 4,100-4,200 yuan / kg.


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Market has been a large number of proposed backdoor square just around the corner , IPO shut down period even more so.

They are always looking for within the total share capital of 200 million shares , worth 1.5 billion or less, are still struggling with losses of listed companies. In their view, such a listed company is the ideal high-quality shell resources . Xiangtan Electrochemical satisfy all the conditions above .

Total share capital of 139 million shares , total market capitalization of less than 11 million yuan last year after another loss in the first half of this year , and is expected in the third quarter losses will continue to increase . Moreover, due to the dominance of state-owned major shareholder restructuring is to let investor confidence , but the 2012 reorganization of the news so far , investors expect the reorganization did not materialize.

Although Xiangtan Electrochemical almost all the qualities with high-quality shell resources , but other companies want to backdoor Xiangtan Electrochemical not easy.

Ideal for carrying over 900 million liability Shell Resources

The first half of 2013 , total assets of Xiangtan Electrochemical $ 1.3 billion , while attributable to shareholders of listed companies net assets of only 297 million yuan , total liabilities of 944 million yuan , asset-liability ratio reached 72%

Just from the market , the current deep households in cities less than 12 billion total market capitalization of less than 100 , but still can not remove the backdoor listing of GEM companies , the remaining 70 or so also . Xiangtan Electrochemical backdoor is highly sought after one .

Xiangtan Electrochemical total share capital of 139 million shares , compared with 2007 in 7540 when newly listed shares increased by about 6500 shares. Investment banks are looking for shell resources , one of the criteria is less than the total share capital of 200,000,000 shares. In general , lower than the 200 million shares of Shell 's assets will be able to absorb the greater dilution of the old shares for new shares will be smaller .

In accordance with the usual logic , Xiangtan Electrochemical that investment banks are looking for high-quality shell company .

More favorable , for a potential backdoor party that , if you want to have absolute controlling stake after the reorganization , backdoor party need only half the current market value of the asset injection , ie about 500 million - $ 0.6 billion of high-quality assets. If you want to obtain the relative holding power, only need to inject more than the largest shareholder of Xiangtan Electrochemical Group Co., Ltd. shares slightly higher market value of assets.

Xiangtan Electrochemical owned by SASAC Xiangtan Xiangtan Electrochemical Group as the main sponsor , together with other four companies jointly established , Xiangtan Electrochemical Group now holds Xiangtan Electrochemical 46.76% of the shares , with a total market value of about 500 million yuan . This means that future re-side at least inject 500 million yuan of assets or more , it will get relatively controlling shareholder status .

The Xiangtan Electrochemical stake held by other shareholders are more scattered. Two shareholders hold only NSSF Xiangtan Electrochemical 2.75% stake , three shareholder Shanghai Jian Zheng Investment Management Limited held 2.31% . Another seven shareholders are individual shareholders holding at 0.27% -0.41 %, respectively.

Xiangtan Electrochemical relatively concentrated ownership structure, so that backdoor listing or asset restructuring decisions easier , avoiding the costs of coordination between the shareholders had a big problem .

Look , with high-quality shell resource qualification Xiangtan Electrochemical highly sought after as it should be . However, as the restructuring side , in addition to the state-owned controlling shareholders other than hesitant , Xiangtan Electrochemical behind for 944 million yuan of debt, too, have concerns .

Therefore , restructuring or not ? What kind of corporate restructuring introduced ? Critical look at Xiangtan Electrochemical Group major shareholder how to choose .

The first half of 2013 , total assets of Xiangtan Electrochemical $ 1.3 billion , while attributable to shareholders of listed companies net assets of only 297 million yuan , total liabilities of 944 million yuan , asset-liability ratio reached 72%. Of which non -current liabilities of only 059 million yuan , 885 million yuan and current liabilities , current liabilities accounted for more than 93% .

In current liabilities , short-term loans accounted for nearly half of the total amount of 410 million yuan , 450 million yuan over the beginning of a slight decline. However, further increase in notes payable , by the beginning of 281 million yuan to 229 million yuan . Other receivables , prepayments , accrued staff costs and other current liabilities increased significantly .

Right Xiangtan Electrochemical direct result of short-term liabilities pressure comes mainly from short-term loans and notes receivable , both liabilities totaled 691 million yuan , the equivalent of the net assets of Xiangtan Electrochemical more than twice .

Possible future restructuring plan , in addition to re-side shares programs, debt restructuring plan stripping scheme or reorganization will be the key point . But it is undeniable that, as a large state-owned holding enterprises Xiangtan Electrochemical Group , then how to choose the path will Xiangtan Electrochemical restructuring of this high-quality shell resources play the most critical role in the future .

2012 Restructuring died

As Hunan local state-controlled listed companies , the integration of large-scale mining enterprises in Hunan is more realistic . However, the current macroeconomic environment is still not much good can support the integration of mining

Enter 2012 in the third quarter , a loss of Xiangtan Electrochemical began to expand , single -quarter loss amounted to 10.16 million yuan , 25.27 million yuan the first three quarters of losses . To the end of 2012 , the annual loss of face appeared , losses amounted to 49.24 million yuan . Xiangtan Electrochemical operating status faced much more severe than in 2011 .

Since 2013 , Xiangtan Electrochemical also difficult to turn around. 2013 first half net profit of -2395 million. For the third quarter of Xiangtan Electrochemical performance , the market is expected to continue increasing loss.

Imagine, then Xiangtan Electrochemical faced pressure to perform will not be less than the first half of 2013 and 2012 , while the country's largest manufacturer of electrolytic manganese dioxide has the aura is not important , the most important is how Paul Shell deficits as quickly as possible .

For Xiangtan Electrochemical , the short-term losses realized the only hope is to integrate high -quality asset package or introduce strategic investors to enter and achieve a real sense of reorganization , which is most investors want to see , is not 2012 feint .

Xiangtan Electrochemical intended restructuring , which has been on the market is not a secret .

October last year , the controlling shareholder of Xiangtan Electrochemical Xiangtan Electrochemical Group announced that is planning significant matters relating to listed companies . A month before , as the market spread on Xiangtan Electrochemical restructuring news, Xiangtan Electrochemical the price from 6.58 yuan rose all the way up to the 9.84 yuan .

However, this time nearly a month of re-suspension ultimately did not make the trip. Xiangtan Electrochemical Group major shareholder reason given is the introduction of strategic investors to increase their investment in major matters more complicated, there is uncertainty , decided to terminate the planning of this major issues.

At that time the most popular on the market two versions , one in Hunan Xiangtan Electrochemical integration of rare earth , the other is a group of Xiangtan Electrochemical asset injection , to achieve the overall market. Both stories have not been Xiangtan Electrochemical confirmed, but its restructuring has been very clear intention , but as a state-owned background , but with high-quality shell resources listed company, Xiangtan Electrochemical restructuring optional room is large, negotiating ability.

From the perspective of security shell , the current restructuring of Xiangtan Electrochemical wishes more strongly. More practical problems, as the choice of what kind of company restructuring side , is the Group's parent , or mining enterprises with regional non- high-growth companies like mine ?

Before , Jiangxi rare earth, rare earth , Hunan , Xiangtan securities have appeared Xiangtan Electrochemical achieve backdoor listing of rumors. The industry believes that , as the Hunan local state-controlled listed companies , the integration of large-scale mining enterprises in Hunan is more realistic . However, the current macroeconomic environment is still not much good can support the mining industry consolidation.


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State purchasing and storage plan will be ten billion rare earth opened in October , when the message loud and clear at the time , there are already purchasing and storage enterprises began quietly raising funds to expand production scale , etc., to meet this time the state purchasing and storage .

This is not the first national reserve of rare earth industry , but now it is still being cast a layer of mystery. Country-driven , with enterprises as the main actors of the national reserve mechanism is due to the demands of the state and enterprises are not the same , let it fall into the strategic reserve, or to adjust prices have played a limited role in the deadlock, but instead was leveraging a gray interests of the chain .

List of companies involved in purchasing and storage Exposure

"There is this thing ( national reserve of rare earth ) , it should be the fastest in October , the entire plate will have ten billion yuan purchasing and storage , and is mainly in the heavy rare earths ." September 17 , a year in purchasing and storage rare company insiders told reporters .

Minmetals Rare Securities Department sources told reporters , although the state purchasing and storage , but in fact last year was the invitation to tender in the form of the enterprise , however , a large rare earth enterprises will generally be invited , especially state-owned enterprises .

September 11 , the distribution indicators are rare earth smelting and separation products Minmetals issued "on the 2013 second batch of rare earth mandatory production plan targets adjustment notice," said the Ministry of consent obtained , its two subsidiaries , respectively, from the original 835 ton and 600 ton to 1,335 tons and 800 tons , respectively, up 500 tons and 200 tons. Analysis of the industry , which is probably connected with the forthcoming purchasing and storage are not unrelated.

Rare analyst Du Shuai Bing told reporters , it is understood that the purchasing and storage enterprises have six participating , purchasing and storage products 4000 tons neodymium oxide, praseodymium oxide, praseodymium , neodymium oxide, each 500 tons , 1200 tons of dysprosium oxide , or 1,500 tons oxide, erbium 300 tons , also plans Shouchu europium oxide, terbium each 500 tons , 2500 tons of yttrium oxide or 2000 tons , and lutetium oxide , a total of 10,000 tons or more , and the country will be slightly higher than recent market prices purchasing and storage .

An industry source said the reporter , 10,000 tons more reliable revenue reserves , but europium , terbium , dysprosium three annual product revenue reserves less debatable .

A corporate insiders say , outside of what specific companies won the bid , which products , how much money is difficult to obtain from official sources .

Shouchu funding gap problem

Xiamen University, China Energy Economic Research Center Lin Boqiang told reporters at the national level strategic purchasing and storage supposedly financed by the state out , but we have not yet achieved .

The industry had also been calling for the establishment of national purchasing and storage of rare earth special fund for the use of foreign exchange reserves of rare earth .

Weber Institute for Information Industry , principal analyst Zeng Hai Wei said : "This is good for business thing, so purchasing and storage enterprises funds should be invested mainly in government revenue in the form of subsidies or other companies , or countries have set up a stabilization fund , using reverse cycle operation to regulate the market supply and demand . "

However, as early as May 2011 , the State Council issued " on the promotion of sustained and healthy development of rare earth industry, a number of opinions" , the first of 18 proposed to establish strategic reserves of rare earth system , according to the national reserve and enterprise ( business ) reserves , physical reserves and resources ( to ) reserves combination to build strategic reserves of rare earth . Central government on the implementation of the resources, products and business district reserves subsidies .

However, there has been State Reserve funding problems, together with the volatility of the previous rare earth prices , the central and local state-owned enterprises in the fierce competition in the rare earth resources , are restricting the national implementation strategy for purchasing and storage of rare earth .

Baotou Rare Earth , told a newspaper reporter last year, participate in national purchasing and storage of Baotou Rare Earth Rare Earth International Trade Company is a starting point in its purchasing and storage , purchasing and storage financed by the enterprises themselves out , but until this year only then earth closed state Chu 's revenue back to the enterprise.

"This year I'm afraid purchasing and storage of products obtained national funds next year ," the Funing Rare Earth Industry Co., a senior reporter said, " state purchasing rare breed a lot, purchasing and storage is not a one-off , and the need for a certain number purchasing and storage sustained period of time , and then the purchasing and storage of products up to the State Reserve Bureau of varieties , which are required to spend time . "

Such a high return on investment from where ?

Industrial Funing a senior reporter said that the state will generally have a guide price of purchasing and storage , while the guide price is generally higher than the market price , which will participate in purchasing and storage enterprises to find ways to maximize the benefits , it will be used fund financing the money in the community purchasing and storage of rare earth products cheap , then make the difference among enterprise return on investment cash is not a problem .

The investment company business manager told reporters that last year 's investment is now fully materialize it, and the person stressed to reporters that the project will certainly be used for national rare earth reserve, and not for other purposes.

Private investors - Investment Company - Rare purchasing and storage in the enterprise - SME community or traders , apparently in order to participate in purchasing and storage enterprises as the center of a national reserve clambered over the gray interests of the chain has been formed.

Rare side Zhuo record information Binbin analyst said that the state purchasing and storage of rare earth , the biggest benefit is obviously involved in purchasing and storage of raw materials companies , mainly because the state purchasing and storage to create an atmosphere of action , indirect positive will get the entire upstream rare earth industry , while the downstream application industries have to suffer .

In Baotou Steel Rare Earth , for example, in last year's national reserve is also known by the outside world , " turned a profit ." In the first quarter attributable to shareholders of listed companies net profit of only $ 245 million in the second quarter , but the downturn in the industry counterattack was 805 million yuan , respectively, year on year and up 122% qoq and 229% . Analysts said gold , which is the company recognized in the second quarter of last year, state purchasing and storage of rare earth gains.

Since purchasing and storage among the gray interests of the chain and many other issues , the state purchasing and storage mechanisms earth began to be re-examined. Jiangxi Ganzhou a rare researchers said that at present , including businesses, local governments, state purchasing and storage levels are present, because last year was officially launched at the national level purchasing and storage , purchasing and storage system needs sound , including purchasing and storage purposes , timing, objects, and closing storage type and quantity , but the key point is that in the end who is out of money and so need to straighten out .


Rare Earth Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Most analysts still believe that the pace of purchasing and storage plan earth getting closer, "We are expecting within the circle in October there will be relatively clear policy ideas." Said industry sources 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, prices are also expected another wave.

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 will also have a range of rare earth industry to bring good hitting.

Rare earth prices are expected to continue to rise

Giant Kwok-yin said LREE composite price two weeks without much change. But in hitting, purchasing and storage, integration of rare earth policy dividend is expected to clear.

Non-ferrous 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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Yesterday, the Provincial Commission by letter, said the province will campaign against rare earth mining, production, circulation of illegal special action. Taiyuan, 12 companies were included in the verification list of enterprises.

Authorities will act to combat illegal exploitation of rare earth, focused on investigating illegal poaching, exploration and exploitation of undocumented illegal, strictly investigated the presence of rare earth mine production cross-border mining, mining super indicators act against illegal mining (recycling) deposits, confiscated mineral products and illegal income, and be punished. Combating illegal circulation acts, focusing on checking the purchase and sale of rare earth minerals trade enterprises on sale and can not explain the source of the illegal exploitation of rare earth minerals, mineral products and illegal income shall be confiscated and will be punished.


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