India is expected to account for 5% of rare earth supply worldwide
- Details
- Category: Rare Earth News
- Published on Tuesday, 02 September 2014 16:09
According to reports, India's state-owned enterprise executives recently said that the Indian government is entrusted to a factory of 5,000 tonnes per year of rare earth production tasks. Thus, India is expected to achieve total global rare earth production accounts for 5% of the share. Despite India's production is not high, but for Japan and other countries, but it is good news.
India's Department of Atomic Energy is part of state-owned enterprises & mdash; & mdash;?? Indian Rare Earth RE department head S Zulia Kumar (S.SuryaKumar), said the plant will be located in India Bangaoli Sabangfrom beach sand through processing monazite soil to produce rare earth oxides. Production of rare earth in about half will be used for processing into lanthanum and cerium. These two elements are mainly used in the manufacture camera lens and glass polishing agent.
Kumar also said that Indian Rare Earth Company and Toyota Tsusho Corporation's Indian subsidiary abundance of rare earths have agreed to pass the two sides will work together to share the production of 5,000 tons of rare earth.
Japanese Economic News recently reported that Indian Prime Minister Modi (NarendraModi) will soon visit Japan, India is expected rare earth companies will be jointly produced with Toyota Tsusho on the issue of mixed rare earth sign a further agreement.
RE known as & ldquo; industrial vitamins & rdquo; reputation, has become an extremely important strategic resource, which in the field of petroleum, chemical, metallurgy, textiles, ceramics, glass, permanent magnet materials play an important role. REE oxides refers to the periodic table with atomic numbers 15 kinds of lanthanide oxide 57-71, and lanthanide oxides with similar chemical properties of scandium and yttrium total of 17 kinds of elements. With the continuous advancement of technology and breakthroughs in the application of technology, the value of rare earth oxides will be increasing.
According to RE ownership (including ore and semi-processed products), China, Russia, the United States, Australia is the world's rare earth has four major countries, China ranked first, accounted for 90 percent of the global total.
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U.S. FCC catalyst manufacturers to store large amounts of lanthanum
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- Category: Rare Earth News
- Published on Monday, 01 September 2014 17:25
U.S. FCC catalyst manufacturers, said a lot of their annual procurement of Lanthanum for the petrochemical industry.
An industry source said these manufacturers have been in the procurement and purchases are very large, the amount is expected to be stored for a year.
They reason for this is that the bulk purchase price is more appropriate at present, but also worried about the future prices continue to fluctuate, but also walk the high trend.
Australian rare earth producer Lynas Corporation earlier this year, says FCC catalyst industry demand is very strong and is expected to lanthanum demand in 2020 will grow by 4% annually.
Other industry insiders also said the industry needs FCC catalysts has been increasing, part of the United States who will be attributed to the gradual improvement in economic conditions.
An American manufacturer of FCC catalysts Grace (WRGrace) in July 23 announced second quarter report that sales of catalyst technology sector grew 9%. And in the FCC catalyst sales, maintaining 10% growth sustained growth.
In the UK metal mesh previous reports, the first half of 2014 the export volume of lanthanum oxide was 5798 tons, an increase of 35%. Increase is mainly due to the growing demand for FCC industry.
But there are also people in the industry said that with heavy crude oil refining gasoline and other petrochemical products increasing demand, China's domestic demand for rare earth lanthanum is also increasing.
U.S. low-grade 2N lanthanum oxide prices in the $ 5.00-5.50 / kg, the price steady. 5N high-grade lanthanum oxide, associated with the FCC catalyst application is tight, it is learned in the recent price of $ 10-12 / kg.
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Rare Earth Producers Still Beholden to Chinese Supply
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- Category: Rare Earth News
- Published on Monday, 01 September 2014 10:51
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Japanese imports of rare earths from India
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- Category: Rare Earth News
- Published on Friday, 29 August 2014 15:46
Indian Prime Minister Modi will visit Japan on August 31, people have yet to Japanese media have reported visit to Japan & ldquo; achievements & rdquo ;. "Japanese Economic News" reported on the 28th in the headlines, Japan and India will reach an agreement on September 1, imports of rare earths from India.
The report said that Japanese Prime Minister Shinzo Abe and Modi at the Tokyo talks, the Japanese companies and Indian companies to achieve common development and production of rare earth contract, the negotiations have been conducted for several years. Starting early next year in February, 2000-2300 tons of rare earth will be shipped from India to Japan. This is probably for the Japanese production of rare earths by 15% of the total.
"Japanese Economic News" commented that, before more than 90 percent of Japan's rare earths are imported from China, but since the collision occurred in Japan and Diaoyu Islands waters, China has reduced the amount of rare earth exports to Japan, making Japan uneasy. Since then, the Japanese government actively to increase rare earth import channels, and is committed to the development of substitute materials of rare earth, but there are still 60% of the rare earths to be imported from China. Imported from India to make rare Japanese imports of rare earth tend to diversify further, change the status quo of China's dependence. Apart from India, Japan is also working with Vietnam, Kazakhstan negotiate joint production of rare earth projects in order to diversify risk.
Indian leaders meeting in Japan & ldquo; China issues & rdquo; still more than rare. Japan's NHK television reported that Abe will be out for the China National Offshore activity is frequent, and India to discuss strengthening cooperation between the security field, the establishment of diplomatic and defense between Japan and India's cabinet members level consultation mechanism, and promised to provide loans to India. Japan's "Daily News" commented that the Indian Ocean is connected to the Middle East and other places in East Asia maritime traffic. China in recent years in the South Asian countries to strengthen the influence, Japan and India will issue a joint statement by the leaders of the talks between the two countries to strengthen the joint.
However, Japan and India would like to look into the honeymoon period is not easy. According to Japan's "Yomiuri Shimbun" reported on the 26th Fair Trade Commission of India to Japan in India 14 companies out of high fines, the amount of up to 43.2 billion yen (about 2.558 billion yuan). Right now, Japanese companies have expressed strong dissatisfaction against this practice in India relevant departments.
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Rare Earth Alliance Will Be Set Up
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- Category: Rare Earth News
- Published on Friday, 29 August 2014 09:40
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Japan and India intends to develop rare earth enterprises
- Details
- Category: Rare Earth News
- Published on Thursday, 28 August 2014 15:12
Comprehensive Japanese media reported that Toyota Tsusho and other Japanese enterprises have basically reached a consensus with the Indian companies will jointly develop rare earths in India, and in 2015 exports to Japan. Japanese Prime Minister is expected Shinzo Abe and Indian Prime Minister Modi will show support to develop during talks in Tokyo on September 1. It is reported that export scale will reach one thousand tons or more.
Japanese and Indian companies from a few years ago began negotiations around the issues of rare earth exports, and now finally settled in terms of price. The Japanese and Indian firms to jointly develop rare earth rich sources of procurement or Japanese companies, is expected to achieve a stable supply.
Japanese Prime Minister Shinzo Abe and Indian Prime Minister Modi recently to reach a common production plan at the Tokyo summit. It is reported that Indian companies from uranium and thorium ore production of mixed rare earth materials, the use of Toyota Tsusho production of electric and hybrid vehicles required for rare earth materials neodymium, lanthanum, cerium and praseodymium and other rare earth materials.
India hopes among Japan's Prime Minister Modi's visit to get support for a nuclear agreement and its huge market to attract investment.
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America and Australia to discuss the development of rare earth resources
- Details
- Category: Rare Earth News
- Published on Wednesday, 27 August 2014 17:44
According to reports, USA and Australian officials have discussed how to develop rare earth resources in Australia, the meeting seems to involve Mary Kathleen uranium before, according to a study by Queensland's chief geologist Brad John, the mineral containing rare earth resources 7000000 tons. The uranium was discovered in 1954, has experienced several times of mining, until 1984, shutting down. Local mining officials hope mine project to restart, also began to attract mineral company to develop through bidding.
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Supplier of rare earth hold wait-and-see attitude, price remains stable
- Details
- Category: Rare Earth News
- Published on Tuesday, 26 August 2014 17:36
Rare earth the mainstream market prices remain stable, vendor now mainly wait-and-see attitude, a rectification movement has opened the industry for a period of time, while the integration to speed up the pace, they dare not rashly substantial price, the market wait-and-see attitude.
At present, Dy products market, prices stable or slightly adjusted 1-2 yuan / ton, as previously offer higher now slightly callback to 145-146 yuan / ton near, dysprosium iron price is adjusted to 149-150 yuan / ton. Lanthanum, cerium products market, the recent price changes, the oxide and metallic relatively smoothly, according to the Baotou area supplier said metal lanthanum and cerium metal present ticket prices remained at 40000 yuan / ton and 45000 yuan / ton. At present, the oxide prices in the 1.5-1.6 yuan / ton near the shock.
Praseodymium and neodymium magnetic material market price is still little changed today, the main price in Ganzhou is still concentrated in the 395000 yuan / ton, praseodymium neodymium oxide quotation is concentrated in the 310000 yuan / ton, the recent neodymium metal prices weak shocks, Ganzhou area vendor prices slightly downward, the neodymium metal band ticket pricing in 380000 yuan / tons. According to metal neodymium rare association yesterday in the quotation, with tickets already dropped to 37.2-38.3 yuan / ton. It is understood as part of the downstream magnetic processing factory, the strong magnetic product price stability, such as D6.5 cylindrical price a factory Guangdong area still maintained at 145 yuan / kg, nearly two weeks there has been no change in price.
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The market for rare earths prices overall steady, dysprosium products no obvious change
- Details
- Category: Rare Earth News
- Published on Monday, 25 August 2014 18:09
The market for rare earths prices overall steady, dysprosium products without obvious changes, traders offer relatively strong, praseodymium and neodymium the quotation of prices steady, although not significantly reduced, many businesses also said the rise space limited. Some traders said Monday it will wait and have a look, no clear price, also reflects the market for “ no action ”. Individual businesses to adjust the price slightly, slightly. Before business August forecast for the market pick up better, the market trend is expected in August, near the end, the businessmen said that the market may still continue smoothly before the end of the month.
Praseodymium, neodymium market today offer basic last weekend market, Cao Shen praseodymium oxide prices concentrated in the 52.5-53 yuan / ton, neodymium oxide in 295000 yuan / tons. Europium, terbium yttrium oxide, the market downturn, according to some enterprises to reflect, europium, terbium has been purchasing quantity is less, the total annual demand is not, may be only a few hundred tons, prices will not be significantly increases. The yttrium oxide market because there has been excessive supply, so the market has been difficult to pick up, 5N yttria offer from traders recently has been maintained at 4-4.1 yuan / ton, listing price of rare earth aluminum recent also only 42000 yuan / ton.
The price of products is still relatively strong, steady, the current market mainstream price in the 1450000 yuan / ton near, dysprosium iron ticket in 1500000 yuan / tons. Today, up to 14; 00 Bohai quotient dysprosium oxide average tax price in 1638 yuan / kg, but as part of supplier understands, now high prices are still difficult to clinch a deal, the market outlook is not necessarily a sharp rise.
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Rare earth prices have stabilized or part of the business of the goods is not up
- Details
- Category: Rare Earth News
- Published on Friday, 22 August 2014 16:32
This week the rare earth market most products prices were flat or slightly down, PR and Nd, Dy products prices stable, europium, terbium prices drop shock. Praseodymium, neodymium, erbium oxide, gadolinium, price is also a slight adjustment, amplitude. There are some businesses before the expected to purchase the praseodymium neodymium, dysprosium oxide certain, now wait-and-see market does not ship.
The price difference of europium, terbium, dysprosium dysprosium oxide products, steady operation, a trader said that although there are goods, but is not willing to, foreign price is higher, no obvious loosening. Price fluctuations related to iron and dysprosium dysprosium metal is smaller, at present Ganzhou area a supplier that dysprosium metal with ticket in 1950000 yuan / tons. Europium, terbium market because demand is limited, the market downturn downlink, especially the terbium oxide, a trader from the feedback situation, last week the terbium oxide price in the 2600 yuan / kg, while the current price in the 2400-2500 yuan / kg, otherwise the supplier said it's still reported in 2600 price is not adjusted, some businesses hold wait-and-see will be the price of goods is much higher than the mainstream market price, such as 2800 yuan / kg or more.
Praseodymium, neodymium products market, the recent PR, nd single oxide prices stable or slightly adjusted, in the range of 5000 yuan, such as grass sink praseodymium oxide, at present Ganzhou area traders quotation at 52.5-53 yuan / ton, the basic flat with last week. Neodymium oxide prices over the past two weeks slightly fluctuation, the price this week, some suppliers price rose after the first down, when offer higher downstream difficult to accept, the current prices relatively early changes, more concentrated in the 29.5-29.8 yuan / ton near. Praseodymium neodymium alloy and mixed oxide prices relatively stable, Bohai quotient and spot market quotations from suppliers are more concentrated in the 310000 yuan / ton or slightly low, praseodymium neodymium alloy prices this week has been maintained at 395000 yuan / ton.
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