Expected results of the rare earth industry will be a sharp decline

Recently, the Ministry of raw materials at the fifth Secretary Chen Yanhai Baotou Rare Earth Industry Forum, said the first half of this year, smelting and separation of rare earth minerals and products production was 41,000 tons and 35,000 tons, 87% plan to complete in the first half and 78 %, to achieve industry profit of about 20 million.

Although the first half of the demand to pick up, but considering the first half of the indicators have been completed more than half of the earth, the overall industry performance is expected this year will be a sharp decline.

Reporters on the scene to get the data show that in 2011 to 2012, respectively, of rare earth industry realized profits of 15.9 billion yuan, 10.8 billion yuan, respectively, compared with 2010 growth of 288% and 163%.

Since the first quarter of this year, China's rare earth trade rebounded trajectory since February monthly export volume are gradually rise, according to customs statistics, in April Chinese rare earth export volume of 2196 tons, an increase of 6 times more than in March of export volume grew 28%.

Market analysis, in destocking slow development of alternative technologies that foreign rare earth project competition, the Chinese rare earth export enterprises, especially private enterprises willingness enhanced, resulting in a substantial increase in Chinese exports of rare earths.

It is noteworthy that, in 2011 and 2012 were exported 18,600 tons of rare earth products and 16,800 tons, respectively, compared to 2010 decreased by 53% and 58%, but the average export prices were up 1 and 5 times or so.



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Morning stir Jiangxi Rare Earth backdoor listing of regional integration

Whether intentionally or unintentionally , the backdoor listing Chenguang Rare Earths , Baotou Steel Rare Earth has entered the Fujian indirect field of rare earth .

Baotou Steel Rare Earth , general manager Zhang has on several occasions publicly expressed the heavy rare earth desire , at present, foreign countries have launched a large light rare earth project , involved in the heavy rare earth undoubtedly improve the Baotou Rare Earth competitiveness. 2010 , Baotou Steel Rare Earth will spend 230 million yuan to obtain through three Ganzhou rare earth separation and processing enterprises portion of the shares involved in the success of Jiangxi heavy rare earth fields.

August 28 , the investment adviser metallurgical industry researcher Yuan Zhibin to the "First Financial Daily" reporters , said Chenguang Rare Earths backdoor Yinrun capital investment, Baotou Steel Rare Earth will get involved in Fujian rare opportunity, " though it does not get involved in two provinces RE integration , but also to expand its industrial chain and regional distribution , and strengthen its leading position . "

But for the Baotou Rare Earth in the future it will participate in Fujian integration, as of this writing , the Baotou Rare Earth has not been a reply.

This reporter learned that, as early as last August , Fujian Province have been identified to Xiamenwuye for the province RE integration platform , does not want foreign companies gain a foothold in the province of rare earth consolidation. " Fujian itself or tend to their home countries ' Xiamen Tungsten mode ' is ." One has done the group formed program investigating brokerage sources said .

Yuan Zhibin said , Baotou Steel Rare Earth Rare Earth if involved in the integration of Fujian Province , is bound to earth with Fujian 's own policies are in conflict .

There unnamed industry sources believe that Chenguang Rare Earths backdoor listing in Fujian , but from the Baotou Rare Earth really involved Fujian RE integration is still far away . " Rare-Earth held Yinrun investment share ratio is too low , the regional integration , Baotou Steel Rare Earth and Xiamen Tungsten no obvious competition ."

In this view, the dawn rare backdoor listing , it touches Jiangxi province in an awkward position. "Now the area of ​​a large rare earth famous enterprises ' jump ' out of the Jiangxi plates, and listed, this and Ganzhou Rare Earth Group 's listing plan is in conflict ."

This year on March 30 , Ganzhou Rare Earth Holdings Limited formal operation , that time, Ganzhou has completed eight smelting and separation enterprises mergers and acquisitions and has been put into operation , and the remaining companies being acquired assets assessment . "Next , Ganzhou Rare Earth Group to accelerate corporate mergers and acquisitions pace ." Rare Earth Industry Association Secretary-General Ma Rongzhang said .

However, unlike other provinces integration compared to sitting in the heavy rare earths in Jiangxi Province has attracted Minmetals Group , the aluminum company , Rising colored rare earth heavyweights competing for their enterprises in the province many conflicting interests and more complex . This leads to Jiangxi not only integrate the slow progress in the rare earth group formation is even more "late ."

Aforementioned industry sources said , Jiangxi large group difficult integration is the fact that , if we say Chenguang Rare Earths already on the market in the future Ganzhou Rare Earth Group would like to integrate its chances even smaller. He also revealed that another local large private enterprises have openly Jiangxi Province forcibly integrated approach discontent , " at a meeting , this enterprise appeared very is indignant ."



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August 29 rare earth price quotes

August 29: Rare overall market trend, stability maintenance, lack of demand downstream buyers, the market traded partial stalemate. Shouchu news yet to be finalized, watching the market mentality a little thick.

Dysprosium oxide mainstream manufacturers tax price 220-240 yuan / ton, dysprosium iron mainstream manufacturers tax price 220-240 yuan / ton.

Praseodymium oxide mainstream manufacturers tax price 560,000-580,000 yuan / ton. Neodymium oxide 360,000-370,000 yuan / ton.
 
Lanthanum oxide manufacturers tax price 27,000-29,000 yuan / ton. Cerium oxide mainstream manufacturers tax price 28,000-29,000 yuan / ton.

Praseodymium neodymium mainstream manufacturers tax price 360,000-370,000 yuan / ton, praseodymium neodymium metal mainstream manufacturers tax price of 460,000-470,000 yuan / ton.

Europium oxide phosphor grade mainstream manufacturers tax price 4,900-5,100 yuan / kg. Terbium oxide phosphor grade mainstream manufacturers tax price 4,300-4,500 yuan / kg.



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Rare electronics recycling is being developed

Rare in smart phones, battery, and hard drives and other electronic devices in the application is known , but the utilization of rare earth metals in a loop but few developers . This will not only reduce the e-waste emissions and can ease the crisis in the supply of these metals , while the end user is no longer a resource depletion or too costly to worry .

Last week, specializing in hazardous waste disposal VeoliaES Massachusetts company opened a new plant in the state , according to "WMW" ( Waste Management World ) article reported that the company working with partners from the fluorescent powder recovery of rare earth elements. Containing rare earth fluorescent powder is a mixture , which is usually used in video screen displays and fluorescent lamps inside .

Factories operated by the VeoliaES have fluorescent, ballasts, batteries, computers, electronic products and mercury-containing waste recycling equipment . Based on "WMW" said, this plant is almost one hundred percent recycled fluorescent in earth, and to prevent harmful to the environment and waste mercury into circulation .

Meanwhile, Belgian researchers found that can be recovered by the wet extraction of neodymium magnets and samarium elements inside .

"This process involves from neodymium and samarium cobalt magnets rare earth elements and other elements in the wet extracted ." Lead researcher Koen Binnemans on " Chemical World " said. "The other elements - including iron, cobalt , manganese , copper and zinc - liquid , and rare earth metal is showing the water phase" ion solution can also be recycled.

Another method , allegedly Ames method , a molten magnesium separated from the rare earth magnets , permanent magnets are crushed into small pieces of metal dissolved in the liquid , the evaporated magnesium is boiled only rare earth elements.

However, it was questioned calls need to do a lot of profitable e-waste . 2010 New York Times article mentioned in the Japanese and holding company with a recycling plant to refine rare earths, the computer chips crushed to 2 cm after melting at 1400 degrees Celsius . This plant process 300 tonnes of waste a day but only outputs 150 grams of rare earth metals .
" Chemical World " quoted Binnemans argument, although less than 1% of the rare earth elements are recycled , 20% of global demand can thus met.

" Recycling is only partially solve the supply problem , not replace ore production, only as a supplement ," he said through an integrated loop ore production and use , from the Western countries, the future may be largely dependent on Chinese supplies .

However, this seems too optimistic , given to about 95 percent by the Chinese supply of rare earth elements , some of the rare earth consumers through the loop by reducing raw material costs, reduce dependence on foreign resources . Several large car manufacturers have declared the use of rare earth loop plan , and the need to reduce vehicle production of the rare earths used.

Honda has developed a new hybrid car from used nickel metal hydride batteries in the recycling of rare earth first step. Based on Honda's argument, this method can be extracted from the waste batteries in 80% of the rare earths, 99 % purity , can reach the level of ore processed . Honda declare their goal is not only from the battery in refining rare earth metals, and other components from the production line is also extracted .

Other car manufacturers are also trying to reduce the amount of rare earths . 2012 Toyota declare that they have developed a need to use rare earth production of hybrid cars approach. GM also confirmed dysprosium element in reducing engine technology has been used in an amount close to a breakthrough. Ford has stated that they will use lithium-ion batteries instead of nickel-metal hydride batteries, the move will make the company spend on earth annually by 50 million pounds.

Although rare earth loop from the terminal application use and reduce demand for rare earths is a worrying trend , but the fact is that the use of rare earth loops , especially for the electronics industry , it is still the initial stage, but also in the foreseeable future unlikely to significantly cut demand . Either way, the end user to use the new technologies in order to reduce costs to improve profit margins , investors will still be wise to keep the use of rare earth loop aspects of development .



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Guangdong will complete the rare earth industry chain integration

August 26 morning, the Ministry of Land and 11th ministerial office will be considered and approved in principle the " Land and Resources issued in the year 2013 rare earth ore mining tungsten ore antimony total control of the notice" ( hereinafter referred to as "Notice" ) , to determine this year the country will maintain the same total amount of ionic rare earth mining , rare earth ore ( rare earth oxides REO) total control of mining 46,900 tons .

Tungsten, antimony, rare earth output tighter control

From the calendar year issued indicators situation, tungsten 2006-2012 the number of indicators issued increasing compound growth rate of 4% , antimony ore mining aggregates 2009-2012 CAGR of 5%. However, rare earth ore and tungsten ore antimony there is a difference , in 2009 there had total control of mining index lower case , is 82,300 tons ; 2010 this indicator increased to 89,200 tons ; 2011 national total control of rare earth mining continues based on the increase in the previous 4,600 tons to 93,800 tons , of which 80,400 tons of rare earth light , medium and heavy rare earth 13,400 tons ; while in 2012 and 2011 a considerable amount of targets .

Earlier this year , the Ministry issued a 2013 year the first batch of tungsten , antimony , rare earth mining total control . Which, in the rare earth mining indicators, rare earth ore ( rare earth oxides REO) total control of mining 46,900 tons , of which ionic index 8,950 tons of rare earth ore , rock -and-light rare earth ore targets 37,950 tons . According to "notice ", this year the country will continue to maintain the same total amount of ionic rare earth mining - that is nearly three years to maintain the same total amount ; tungsten mining maintain total control standards in 2012 ; antimony mining total control moderately reduced . Show not only for control of rare earth minerals out more stringent , the state of tungsten, antimony output control is also increasingly tighter .

Guangdong has only four rare earth ore mining permits

As rare earth reserves in Guangdong province in recent years, controlling the total rare earth mining conditions also showed a contraction . From the Provincial Department of Information , 2010 , the Ministry issued indicators of 2,000 tons ; 2011 to 2200 tons ; But in 2012 issued the first batch of 1,100 tons , the Ministry of Land Resources issued the second batch of indicators does not allocation Guangdong indicators, but at the end of the Guangdong added 800 tons , so the year is 1900 tons. Now issued in early 2013 rare earth mining enterprises and control indicators ( first batch ) decomposition of shows this year and last year, the first batch of the first indicators of the number of indicators remained unchanged for 1,100 tons .

But it is worth noting that, with Guangdong 's rare earth reserves of rare earth industry chain and value compared to 2000 tons per year up and down the Guangdong mining index does not appear to match.

It is understood that at present only four rare earth mine in Guangdong have mining permit. But according to industry sources, the current year 's rare earth smelting and separation of Guangdong targets close to 10,000 tons ; According to the " Rare Earth Industry Development Plan , Guangdong Province ( 2008-2020 ) " , the output value of Guangdong Province, the rare earth industry chain will exceed 1 trillion in 2020 million. But in fact to 2012 , this goal had been achieved ahead of schedule , by 2020 the figure is more likely to double.

It is understood that , in addition to the illegal exploitation of rare earth ore to increase the crackdown , according to the provincial government issued "on the province to promote the views of the rare earth industry consolidation " , the province will also be rare earth resources and timetable proposed integration of industrial chain , is expected to basically completed the end of 2015 the province 's rare earth industry chain integration .



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Magnetic rare earth market temporarily steady decline in value of the waste

Currently more deserted rare earth market, the price of dysprosium price level in addition to the more obvious downside, most product prices remained stable, and near the end of the month, some companies achieve sales targets, to reduce transaction enthusiasm, temporarily not significantly adjust prices.

Yttrium oxides market traders offer for several weeks now, steady, price volatility is not, offer significantly higher than 6,7 1.5-2 yuan / ton or so, but in August prices flat.

Oxide market, according to industry insiders indicate Ganzhou grass Shen praseodymium month contract situation is better, the price is also from the beginning with a vote 53-54 yuan / ton up to 57-58 yuan / ton or so, praseodymium market supply has been slightly nervous, compared lanthanum, cerium, neodymium, erbium oxide, etc. are more good sales. Neodymium oxide market prices stable, the current price 36-37 yuan / ton.

Gadolinium-based products market, currently gadolinium oxide and gadolinium iron prices compared with the previous two weeks, a slight reduction in supply of high-priced, high-priced supplier before the newspaper quoted return to the mainstream. Currently gadolinium with ticket 20 yuan / ton, gadolinium-iron with votes 215,000 yuan / ton.

Magnetic scrap market, many recyclers reflect today's market is not good pricing, market price confusion, overall prices showed a downward trend. According to traders reflect Linyi City, there are currently at 110 yuan / kg to close long, 130 yuan / kg received tiles phenomenon, this price is higher than the day before yesterday has decreased significantly. While recyclers reflect daily for two days prior to receipt ratio decreased. Consolidate the market and some prices, currently short of 102-104 yuan / kg, long 111-114 yuan / kg, tile 133,134 yuan / kg, the market trading mentality is different offer also high and low, and the current market movements rapidly.



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Limit the amount of rare earth industry is expected to usher in revival

Recently, the Minister of Land, party secretary, the State Land Chief Inspector Jiang Daming chaired the 11th meeting of the Ministers office will be considered and approved in principle the "MLR issued in the year 2013 rare earth ore mining tungsten ore antimony total control indicators notice "to determine the country this year will remain unchanged total ionic rare earth mining, while modest increases in mining rare earth mineralization indicators; tungsten mining maintain total control standards in 2012; antimony mining modest reduction in total control .

"As the time draws near earth exchange operator, rare earth price stability mechanism will strengthen, A-share market in the relevant listed company will certainly benefit from it." Guotai Junan Investment Adviser Sun Ying said that in the afternoon, so investors should pay close concerns related to stock investment opportunities.

Since since July 2011, rare earth prices experienced a decline in nearly two years, so that the cost of production of rare earth prices of basic regression, the recent rebound in the price of rare earth in part the return value. In addition, China's rare earth industry regulation, overseas rare earth mine production delays of production are also important factors. "Baotou Rare Earth Products Exchange is scheduled to run in October by the Baotou Rare Earth, Xiamen Tungsten and other rare earth production and circulation enterprises jointly funded the establishment involved in the formation of 12 shareholders Exchange business capacity accounted for over 80% of the country's rare earth." Sun Ying said that with the exchange operator time is approaching earth, rare earth price stability mechanism will be strengthened.



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Strives to reduce dependence on China Rare Earth Day or to cooperate with Russia

Japan from the United Nations International Seabed Authority to obtain a high seas in the Pacific seabed mining of rare earth exploration rights agency, in the next 15 years, located in Tokyo about 2000 kilometers southeast of the South Bird Island neighborhood, an area of ​​3,000 square kilometers of exploration and exploitation of seabed area .

Exploration Team Leader, Tokyo University professor Yasuhiro Kato (YasuhiroKato) pointed out that, according to the preliminary findings, the mine's metal reserves even higher than imagined. However, when there is no clear Japanese mining of rare earth metals can potentially become a reality.

Over the past few years, Japan has invested in mining and production of precious metals in Kazakhstan and Kazakhstan 斯捷普诺戈尔 Minsk City built rare earth joint venture production plant. In addition, in order to find alternative raw materials of rare earth metals, Japan is considering including cell phones and computers, including the use of waste electronic products as a renewable raw material.

Japan is doing everything possible to reduce the rare earth production areas in monopolistic China's dependence. One-third of the world's rare earth reserves China currently supplies 90% of global market. Rare earth metals main importing countries are Japan, the U.S. and the EU. For this reason, in 2009 China significantly reduce the production and export of rare earth, causing prices to rise and the main importing countries of discontent. Intensification of territorial disputes with China in the context of Japanese feel passive.

At the same time, the Russian state-owned enterprises and private enterprises PocTex ICT Group announced plans to mine rare earth deposits in Yakutia Republic, the Republic of Yakutia Thom Thor prepared to invest billions of dollars mine. The mine is considered to be the world's largest deposits of rare earths, proven reserves of 1.54 billion tons of ore containing yttrium, niobium oxide, scandium, terbium, and other rare earth elements.

ICT Group spokesman Vlad? Vail efavirenz said: "Now is not only Japan but the whole world is concerned to ensure that their supply of rare earth metals. We do not have any in Yakutia cooperation program, but as a consumer market, Japan for all manufacturers interested in us to make the decision to mine rare earth metals look to the future not only hopes to export, but also take into account the Russian industry will increase the demand for rare earth metals. mineral properties may help to improve its competitive ability. "



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Rare earth materials is increasingly becoming the reserve army of modern industrial development

Future impact of modern industry is the basic substance, must ultimately special metal functional materials, and rare earth functional materials is the most important one.

Most of China's rare earth mining enterprises located in a large area. In the core area of ​​rare earth resources, China's rare earth industry formed three bases and two major north-south pattern of rare earth production system. Three bases are located in Baotou, Inner Mongolia, Sichuan and Jiangxi Ganzhou MIANNING represented by seven southern provinces. Including header and mianning region dominated by light REE, and Jiangxi provinces in southern seven heavy rare earth-based. Two production systems, namely the northern light rare earth-based process system and to the south of the heavy rare earth-based process system.

In the new materials industry, "second five" key catalog among the rare earth functional materials selected 25 species, including rare earth magnetic materials and rare earth luminescent materials accounted for 50% of the total.

"Twelfth Five-Year Plan" that, "Twelve Five" period, China is expected to require a total of 40,000 tons of rare earth permanent magnet materials. New energy field, 2015 cumulative production and sales of new energy vehicles will be more than 500,000, according to every need of new energy vehicles 60kw rare earth permanent magnet 3 kg basis, totaling 1,500 tons of rare earth permanent magnet. During the second five efforts to achieve the output value of new materials more than 25% annual growth target. Organizational development of high energy product rare earth permanent magnet materials, new production processes, promoting high coercivity, high temperature NdFeB magnets and samarium cobalt magnets, Sm-Fe-N isotropic bonded magnet powder and industrialization, the new permanent Material production capacity 20,000 tons / year. In foreign countries, of rare earth resources had already been applied to the high-tech military which. Rare is the manufacture of precision-guided weapons, radar and night-vision goggles and other weaponry indispensable element. U.S. "Patriot" missiles to intercept incoming missiles precisely the reason why, thanks to the guidance system used about 4 kg of tungsten-cobalt magnets and titanium boron magnets; U.S. "Aegis" system of spy-1 radar is also used made by the Chinese rare earth magnets. Without these elements, these weapons will blindness.

In the domestic capital markets, be more concerned about the development of rare earth elements and energy-saving hybrid vehicles are interlocking.

And other new materials, like the bottleneck problem faced by the current development of domestic rare earth faces two major problems, one lower grade of products, irrational industrial structure; Second, marketing is not wide enough, not enough widespread application of rare earth products, which are in need of technical progress to give support. "Planning" also mentioned the need to increase R & D investment, focusing on new materials R & D investment accounted for 5% of sales revenue, and built a number of new materials engineering and technology research and development and public service platform.



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Impact of China's tea exports of rare earth content exceeded

Because excessive rare earth content of tea, but no such standards abroad to purchase foreign investment in China has brought doubts.

Associated British Foods Group Greater China general manager Su Zhijie recently in an interview with reporters said that due to excessive pesticide residues, lack of traceability system and other issues, the company last year, the world's largest tea-producing countries - China's purchasing volume is less than the amount of its global sourcing 20%, the high cost of procurement lead in China in its 300 years of history, which owns Twinings tea companies profit contribution rate is still less than 1%. In addition, rare limited edition is the standard set by China, China's tea enterprises can not.

Pesticide testing standards with international standards not only hinder multinational companies in China to carry out large-scale procurement, and also restricting the bulk of China's exports of tea from low-end to high-end raw tea transformation. This is also the last year, China's tea exports minus 2.82 percent of the important reasons.

Only China has a rare earth limits

By the end of July, Jiangsu Province Quality Supervision Bureau informed the second quarter of this year, the provincial quality supervision and inspection results, seven high tea brand tea Rare Limited (the total amount of rare earth oxides) project failed. October 2005, our country abolished GB9676 "tea health standards," tea health standards into GB2762-2005 "of contaminants in foods," management areas. According to GB2762-2005 "of contaminants in foods" provides a rare earth content is 2mg/kg, rare earth content in tea that is not more than two millionths.

The standard limit on earth, so that foreign investors who feel a bit strange, because this standard only in China, the EU, Japan and the United States and other major powers had no tea this standard. But they are on this issue very seriously.

"Chinese standards set by their own tea enterprises can not do." Su Zhijie said he first heard about the tea contains rare earth, do not understand how it is, then I find that it is the process of tea cultivation in China naturally occurring The.

Standard problems, but also become a Chinese tea enterprises export bottlenecks.

About Rare limited problems, more than one person in charge of tea enterprises, told reporters that not eating tea and tea leaves, tea is the content of rare earth rare earth containing tea leaves, not a tea containing rare earths.

Previously, according to the China Federation of Supply and Marketing Cooperatives, Hangzhou Tea Research Institute, National Tea Quality Supervision and Inspection Center jointly launched the process of brewing tea REE leaching studies show that through brewing, tea rare earth elements (the total amount of the oxide ) The total leaching rate of less than 20%, according to the Alzheimer's Association International (ADI) reference value, the current level of rare earth content of tea samples in the brewing process, are not enough to cause food security issues.

Currently, the limits are still rare tea controversy. And because no relevant foreign standards, making the bulk purchase of Chinese multinationals can not rush tea.



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