Net profit to drop eighty percent Fujian Xiamen Tungsten Rare generous holdings
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- Category: Rare Earth News
- Published on Thursday, 22 August 2013 16:29
Following a quarterly report is not satisfactory, the Xiamen Tungsten let's mid-year report disappointed investors. Mid-year report released last week showed that eighty percent Xiamen Tungsten net profit to drop. However, at the same time, he was a large shareholder of Fujian Xiamen Tungsten Continuous Rare Earth Group holdings and holdings are generous.
According to the report shows, Fujian Xiamen Tungsten Rare Earth Group currently holds 235,600,000 shares in the first quarter increased by 459.16 million shares, the total share capital of 34.55%. In the second quarter, the share price at 30 yuan Xiamen Tungsten fluctuate around, that is, to buy shares in Fujian Rare Earth Group spent at least $ 120 million. Holdings in the second quarter, the major shareholder of Fujian, Xiamen Tungsten Rare Earth Group has achieved for three consecutive quarters of Xiamen Tungsten holdings. When the first quarter of this year, Fujian Xiamen Tungsten Rare Earth Group had holdings of 67 million shares. From the beginning of December last year, Fujian Rare Earth Group has total holdings of listed shares 0.95%.
In fact, in addition to intensify holdings outside, Fujian Province, Xiamen Tungsten is also rare earth business support into concrete action. Public information, in 2013 the first batch of rare earth mining Fujian indicators have 950 tons allocated to Xiamen Tungsten, which is more than the same period in 2012, 700 tons, an increase of 250 tons. The province's total mining capacity of 1,000 tons, and the remaining 50 tons were Sanming, Citylink, Changting, Shanghang other places of five rare earth companies carved up, that is, the first batch of this year, 95% of the mining index gave Xiamenwuye .
Shun securities business department Huli Avenue investment adviser Huang Huiming said, Fujian Province, Xiamen Tungsten is a rare integrated platform, its subsidiary Rare Earth Development Co., Ltd. Longyan City Longyan City has completed four rare earth mining rights in the three mining permits integration . In addition, in accordance with the requirements of the Fujian Provincial Government, Xiamen Tungsten will be a joint venture with the city of Sanming Sanming City Development Corporation and rare earth deep-processing enterprises three Ming Jinming Rare Ltd., which is expected by the end of 2013 and put into production.
However, Xiamen Tungsten results so depressed, but also with rare earth business can not get away. Due to continued depressed state of rare earth products, sales prices and sales volume dropped significantly during the first half of this year, Xiamen Tungsten subordinates Changting Jinlong Rare Earth Co., Ltd. due to operating losses and provision for inventory losses of 108.6 million yuan to prepare.
Huang Huiming expected that the rare earth industry governance policies further overweight, rare earths and magnetic prices are expected to further enhance, the main industry profitability is expected in the second half will be further strengthened, performance is higher than the first half. Although the Company completed the early development of the overall business plan with greater difficulty, but for now, Fujian Rare Earth Group will fight Fujian Xiamen Rare earth listing platform, both from a determination or action point of view, actions are great, worthy of investor attention.
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Rare Japanese submarine off the market also developed an early
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- Category: Rare Earth News
- Published on Thursday, 22 August 2013 16:25
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 "China Science News" 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 large number of rare earth, at present, has no economic value, but as a resource reserves , technical reserves, or have some significance. "
RE-called "modern industrial vitamin" as important as gold, oil. In 2012 the State Council Information Office issued the relevant 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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Eliminated the earth "cabbage price" does not have a "monopoly price"
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- Category: Rare Earth News
- Published on Thursday, 22 August 2013 16:20
This year August 15 to November 15, the State Ministry of Public Security, Ministry of Land Resources, Ministry of Environmental Protection, General Administration of Customs, State Administration of Taxation, the State Administration of Production Safety Supervision and Administration for Industry and other eight ministries, in nationwide campaign against rare earth mining, production, circulation of illegal special action.
More than 90% of global rare earth resources from China in the past 20 years, China's rare earth industry in international trade not only no pricing power, resources will be sold "cabbage price." While large-scale mining since 1992, rare earth mining in the country is left devastated ecological destruction and serious waste of resources.
This really does not make sense. As long as the world found a large value of mining resources, the place is always able to get a lot of money and wealth, the income of the inhabitants of the land have always been greatly improved. Because of the access to the capital and technology, its environment can also get the appropriate repair and renovation. So there is always a place resources where no resources than more affluent and better.
Chinese rare earth mining get the opposite result, it is now very clear that this is due to years of over-exploitation of rare earth, caused by the illegal exploitation. Over-exploitation of the low prices, resulting in downstream separation of rare earth smelting rapid expansion of production capacity, resulting in excess capacity. Excess capacity, a further blow to the domestic rare earth prices, and the resulting vicious cycle of the entire industry. And this is done by technical conditions on the cost of capital for SMEs operate less demanding hundreds, or even illegal illegal operation results.
China Rare Earth Industry remediation chaos has been for some time, yet the Chinese rare earth resources from a reasonable, objective benign industrial use there is considerable distance. So this time focus on remediation but very necessary.
The main task of special rectification actions include checking the implementation of the local government territorial mandatory production plan, mining quota of total control, environmental verification, production safety, VAT invoices and other rules and regulations to implement and so on. To this end eight ministries established six priorities and requirements.
Generally, this six priorities and requirements are in line with this special rectification action total requirements. However, there are two points which I think is debatable, but these two points on the rare earth industry, China's market economy is not irrelevant.
In order to regulate the rare earth industry, eight ministries and quasi-pinching vital, "focus on verification smelting enterprises mineral source separation, focus on examination of trade enterprises purchase and sale of rare earth minerals." But it is to "guide the rare earth mineral mining enterprises will be sold directly to a smelting separation plan targets enterprise", and even that is actually required of rare earth mineral mining enterprises must be sold to a business plan targets smelting separation, which is sold to those who have a strong background in government-owned enterprises.
Chinese rare earth enterprises currently have mandatory plan, but China's rare earth industry basically should still implement market mechanisms. The "boot" or requirements upstream companies to sell their products to the specified downstream businesses, according to China's "anti-monopoly law," is part of the nature of vertical monopolies. Therefore there is a need to change these require "rare earth mineral mining enterprises must be sold to legal compliance and downstream enterprises."
Remediation China's rare earth industry, no doubt have to raise the rare earth industry, industry concentration. However, such a set, only in a fair and reasonable competition in the market resulting concentration of the rare earth industry in order to improve labor productivity in order to make China's rare earth industry reasonably healthy and sustainable development. Developed by a centralized administrative intervention, mostly the product of the planned economy, resulting in a small number of state-owned monopoly. Linked to the first two years of management to assign a macro northern South twenty-three state-owned monopoly of rare earth industry rumors, this is the need for vigilance. Do the rare earth industry in order to eliminate the confusion, the eradication of rare earth "cabbage price", and the emergence of monopolies and rare earth industry products exorbitant "monopoly price."
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Seabed still technical reserves of rare earth development stage
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- Category: Rare Earth News
- Published on Thursday, 22 August 2013 16:17
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 "China Science News" 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 large number of rare earth, at present, has no economic value, but as a resource reserves , technical reserves, or have some significance. "
RE-called "modern industrial vitamin" as important as gold (1362.10, -8.00, -0.58%), oil. In 2012 the State Council Information Office issued the relevant 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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The main producing areas of rare earth export price increments before July
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- Category: Rare Earth News
- Published on Thursday, 22 August 2013 16:14
The main producing areas in northern light rare earth exports this year showed the abnormal situation of price increments. Yesterday, the Beijing Chinese Commercial News reporters Cong Zhongguo and Xi Tu Industry Association obtained a set of data show that 1-July, 2562.6 tons of rare earth exports Inner Mongolia Autonomous Region, 1.6 times more than last year, however, during the same period, the export price was only $ 12,000 / ton, or up to 61.3%.
Price increments for the rare earth industry status quo, the industry, the explanation given is that national quotas to increase the export volume increased, while global demand remains weak, which is restricting exports of rare earths price is the biggest factor. It is understood that, as a national important strategic resource, before due to lack of supervision, China's rare earth prices has been "cabbage price" sale, since 2008, China began to strengthen the management of rare earth industry, including export quota management system. "Faced with China's rare earth policy of harsh, foreign buyers began to seek other new alternative materials, or looking for new rare earth supply side, which to some extent have impacted on the domestic rare earth." Said industry analyst Tao Minmin.
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Day said the Chinese Rare Earth thoroughly playing hurt U.S.
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- Category: Rare Earth News
- Published on Thursday, 22 August 2013 16:12
U.S. President Barack Obama issued a statement in the local, the proposed joint EU and Japan against China's restrictions on exports of rare earths to the World Trade Organization (WTO) proposed trade litigation. Japan's Kyodo News on the 13th that the United States and Europe will lift restrictions tripartite consultations with China. If the problem is not resolved, it will ask the WTO to set up expert group to be addressed.
The Associated Press said, according to WTO litigation mechanism, China has 10 days to respond to the lawsuit, and must be within 60 days with the U.S., EU and Japan held talks. If you can not reach an agreement within that period, the United States and Europe at the right to ask the WTO to establish a working group to investigate the case.
German media said that the EU will soon submit indictments. Although Japanese officials have reacted more cautiously, the Japanese media Quedui rare earths "to heart." Japan's Fuji TV said the international community was united in respect of China selfish act sanctions.
"China's rare earth policy finally angered the U.S.." Japan's TBS television said. The Associated Press said Obama Zhefan move is thought that his government is led by blow "from China's unfair trade." Reuters said Obama recently created a "cross-ministerial trade enforcement center," The center is expected to start running in the coming months, the primary objective is to ensure that China respects the WTO rules.
British "Financial Times" said that the U.S. and the EU and China to increase investment in an escalating trade dispute bet, this is the latest sign of trade friction between the two sides. "Unless China agreed to the West to relax restrictions on exports of rare earths, otherwise it will become this year's round of Western China in the WTO legal proceedings initiated the first step in the process." "The New York Times" on the 13th to "wipe new spark trade disputes" as questions that Xi Jinping visit the United States and Europe less than a month after China and its two largest export markets has eased trade relations between coming to an end
Rare problems China will make concessions if sanctioned
Global Network reporter Li Zongze reports, the USA, Japan, the European Union recently teamed proposed rare earth export restrictions on China to the World Trade Organization (WTO) proposed trade litigation. China two department immediately declare that China for the purpose of protecting the environment and resources, reorganized indiscriminate Luancai business, not restrict exports; Secondly, the 2011 export quotas does not even have run out. The Chinese side will be based on the WTO dispute settlement program, properly handle the relevant request for consultations. German media have analysts believe that China's restrictions on exports of rare earths is in line with national conditions, but also that "China Without concessions, may be subject to sanctions."
Germany's "World News" on March 13 in an article wrote: "around the earth against China trade war, the EU, U.S. and Japan alliance. These industrial countries to the World Trade Organization (WTO) against China, which risking with the world's second largest economy to trade the risk of war and this trade dispute is Beijing with three other world economies dispute between one of the many, however, the EU, the U.S. and Japan combined in the WTO on the rise World economic powers to take action, or the first time. "
"China accounted for scarce raw material extraction for 97% of global consumption, which remained almost monopolistic exploitation of the world, but China only controls the world's reserves of about 1/3 in Canada, the United States, Brazil, India, Russia, Vietnam, Australia and Kazakhstan also found large deposits. "the newspaper said.
The article also pointed out that China's own demand for rare earths have also increased significantly, so the Chinese producers are "preferential treatment" home buyers. In addition, the Chinese clearly feel an advantage, because the low cost of mining and metal for a long time in the world market with very low prices. Wen told Merkel said that China in the past to sell salt sold for rare earths. However, critics believe that China mainly want to create a competitive advantage for domestic industries, often speculated that China would like to export restrictions force foreign aid concern the factory moved to China, so you can more easily obtain such materials.
"Le Monde" on March 13 another one comment that "Although Beijing in the rare earth export restrictions than in the past on the issue of trade disputes have better reasons, but likely to have been condemned by the WTO."
Report called: "Now take coordinated action is very important, because the relationship to the rise in the Far East economic powers in the world's ability to comply with free competition rules of the game for German companies, this effort is actually long overdue, because the Unlike its name implies, is not a rare earth, but everywhere in the world, China Although mining 97% of world consumption, China's underground storage is just a total reserves of 1/3 as compared OPEC control the global oil reserves 2/3 China dominate the world market because of China's low cost of mining, industrial countries can not keep mine Since the Chinese restrictions yttrium and lutetium and other metal exports, the market prices Price is more expensive in other countries led to the exploitation of profitable again. "
"Worldwide, reopen closed mines, the development of new reserves. Present shortage can quickly end. On Germany's industrial is good news for new suppliers in the future will reduce dependence on China, but rare will be more expensive, because the Australian or Canadian metal mining is more expensive than the Chinese. "newspaper analysts say.
"Financial Times Deutschland" on March 13 reported that claimed, "China unmoved on appeal, and now the World Trade Organization (WTO) to come forward to solve." Report, said: "Beijing for years to intensify export restrictions, including quotas and export delivery tariffs, which contributed immensely in raw material prices. "newspaper also said that the WTO should be considered within a month after the beginning of the arbitration program to WTO arbitration ruling ended. "China Without concessions, it will lead in the worst case, be subject to sanctions."
For the outside world called on China to relax the export of rare earth unreasonable demands, China MIIT and the Ministry of Commerce on the 13th to respond. MIIT minister Miao Wei, 13, said Chinese exports of rare earths and other issues because once sued, will take the initiative to respond, to explain the situation. Miao Wei stressed that China's rare earth export policy is not directed against a particular foreign users, but do not want to carry on trade protection through this approach, but for the protection of the environment and achieve sustainable use of resources and development. Commerce Department of Treaty and Law Department is responsible for the day also pointed out that China's policy objective is to protect resources and the environment and achieve sustainable development, has no intention of trade-distorting way to protect domestic industries.
United States and Europe lawsuit intended to restore Chinese Rare Earth "cabbage price
United States and Europe recently proposed for China's rare earth export quota proceedings. March 13, China United States and Europe received questions about rare earths, tungsten, molybdenum export management measures in the request for consultations. If the consultation is invalid, the program will wait for the World Trade Organization (WTO) panel and the Appellate Court ruling.
The current trade dispute earth, its essence lies in pricing. In the past, because the domestic exporters export vicious and disorderly competition, China's rare earth trade in the international market have lost pricing power, valuable resource sold "cabbage price." Although it has identified China's rare earth export quotas, but did not cause substantial demand in Europe and America harm. In 2011, for example, as of November, China's total exports of 14,750 tons of rare earth, accounting for the total annual export quota of 49%. In other words, Western and Japanese companies and not because of China's quota and a "hungry" situation. RE prices on the international market due to China's efforts to protect resources and other reasons, there was a substantial rise. The purpose of the lawsuit United States and Europe, said plainly, is to want to be paid in the rare earth trade "cabbage price."
17 kinds of rare earth elements are essential to modern industry "seasoning." At present, China's rare earth reserves account for about 36% of the world's rare earth reserves, but provides 90% of the international market supply. Disorderly development, has caused serious environmental problems of our country. Part of the production of corporate environmental awareness is not strong, "moving mountain sports" type of rare earth mining, resulting in a very low efficiency of resource use and environmental pollution. Even through technological upgrading, rare earth production is still difficult to solve pollution problems. Environmental issues not only affect China, from Inner Mongolia sandstorm blowing in less than one day be able to reach Japan. The Government of Japan urges China to strengthen environmental protection on the one hand, the other hand, despite the continuing large-scale mining hazards requires China's rare earth resources in Inner Mongolia, which is really strange logic.
Furthermore, the United States and Europe and Japan have long complained that China's trade policies cause international economic development is not balanced. In this context, management and control, "two high and one capital" (high energy consumption, high pollution and resource) exports, trade balance our efforts is an important part. United States and Europe and Japan on the one hand accuse China exports too; hand and do not want in their higher mining costs, heavy pollution resource products (such as rare earth), but accused the Chinese quota for export of such products. Its double standards, unacceptable.
For the current international rare earth trade disputes, China needs to make full use of international trade rules, rational, calmly.
In the long term, China's rare earth need to establish long-term sustainable development strategy. First, we must speed up mergers and acquisitions, completely change our rare earth enterprises "small and scattered" or "big but not strong" dilemma. Second, we should pass legislation to strengthen the mining and processing technology management, environmental impact assessment management, improved market access management system. Third, China is necessary to learn the lessons of the international iron ore trade, to encourage international competition to build a new knowledge of the rules of trade associations, trade links solve production problems in the disorderly competition. Production enterprises, we must hold their own product pricing.
In short, the current rare earth international trade disputes, and any "conspiracy theory" and the nationalist sentiment to no avail. We actively respond to WTO litigation at the same time, our country needs a clear policy objectives, the early development of a comprehensive long-term strategy for rare earths. In the rare earth resources protection issues, as long as proper measures, we have no grounds for pessimism.
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Poised to break the impasse multi-RE
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- Category: Rare Earth News
- Published on Wednesday, 21 August 2013 16:04
Fifth China Baotou Rare Earth Industry Forum held. Session: must be established upstream and downstream, research, regulatory, pricing and other aspects of the coordination mechanism be cracked earth industry predicament. At the meeting, China Rare Earth Industry Association, China Academy of Engineering Gan Yong appeal: prudent investment in low-level permanent magnet industry, should guide investment to the use of rare earth materials, components and end products transfer, or encourage new investment and existing enterprises financing, joint venture.
At present, China's permanent magnetic materials production accounts for 80% of global output. Gan Yong said in his speech that in recent years, China's rare earth permanent magnet enterprises to increase investment in research and technological innovation, production equipment and technology level conditions has made considerable progress, specialization, integrated production enterprise combining process and diversification Preparation of high-end rare earth permanent magnet production system initially formed, has formed a certain scale, relatively complete varieties and specifications of high-end rare earth permanent magnet industry. However, the preparation of high-end rare earth permanent magnet technology development is lagging behind, high-quality specialty rare earth permanent magnet materials, rare earth permanent magnet materials production accounts for only 10% of total international market share of less than 20%, should be facing the aerospace, medical and health, clean energy, modern transportation, advanced manufacturing and other areas of development needs, focusing on breakthroughs in high-performance rare earth permanent magnet prepared car key materials technology. Gan Yong made, at present, China's rare earth permanent magnet materials annual production of about 80,000 tons, less than 30% capacity utilization. Therefore, the appeal of low level around the permanent magnet industry for investment must be cautious, should guide investment to the use of rare earth materials, components and end products transfer, or encourage new investment and financing of existing enterprises, joint ventures, in order to avoid the increase in production capacity.
How to achieve healthy development of rare earth industry, Gan Yong said that, we must resolve to combat black industry chain, the formation of large groups to form a stable and reasonable price mechanism, the implementation of LREE treated separately and other issues. He stressed that in the current development of the industry of the special period, from the rational development of resources, clean production, efficient use and improve the international discourse, rare earth materials, end products, and many other considerations, to be on China's rare earth industry policy, industrial scale, upstream and downstream industries coordinated development of rare earth elements and other issues with balance repositioning and thinking.
Ministry of Industry and Information Technology Industry Secretary Chen Yanhai raw materials in his speech pointed out that China's rare earth industry, long-standing and deep-rooted problems, such as illegal illegal mining production, the black market, reselling smuggling, irrational industrial structure, primary products such as overcapacity is still not been fundamentally resolved. He disclosed that the Ministry will focus on the next step in the fight against illegal violations special action, in accordance with market principles to accelerate the formation of large-scale enterprise group of rare earth, and further promote industrial restructuring and upgrading, strengthening environmental access and production project management, to further improve the relevant laws and regulations.
Regarding the future development of rare earth industry, participants generally agreed that the role of rare earth high-tech irreplaceable, industrial development prospects remain optimistic and proposed the establishment of price stability mechanisms to combat black chain, increasing application of rare earth and other recommendations. China Rare Earth Industry Association Secretary-General Ma Rongzhang entitled "2013 rare earth industry analysis of key issues and countermeasures," the report pointed out that in the first half, the majority of our rare earth smelting and separation business losses, cut. He suggested that the state has adopted regulations metals, rare earth production and management behavior norms against black chain; waste recycling project for rare earth rectification, blocking rare earth mining, production, circulation holes; increase the promotion and application of rare earth coordination upstream and downstream enterprises development; let light rare earth production, exports, and promote balanced use of rare earth elements. Zhang Zhong, general manager of Baotou Steel Rare Earth, said even if the pattern of international diversification of rare earth supply, because the characteristics of China's rare earth resources and cost advantages significantly in the next five years to 10 years, China's rare earth market competition will continue to occupy a dominant position. Institute of the Ministry of industrial raw materials CCID Institute Yuan Kaihong believe that China's rare earth industry unless there is over-exploitation of resources, ecological environment severely damaged, irrational industrial structure, as well as human resources, technology and other aspects of the "short board", also appeared in industry concentration low, excess capacity, alternative products occur, high-end technology and equipment R & D deficiency, weakening international discourse and other new issues that need attention in the next step in the development of solutions. Chinese Academy of Engineering PROCEEDINGS called rare earth prices established coordination mechanisms to promote the development of raw material production and application of collaborative innovation and orderly development.
In addition, from the local person in charge of Rare Earth Industry Association introduced the local rare earth industry status and long-term planning. For example, Jiangxi Province will extend the industrial chain, to expand the industrial advantages; Fujian proposed to aim at the high-end market application of rare earth, rare earth deep processing and application development.
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Magnetic rare earth market continued to wait waste shipments increased
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- Category: Rare Earth News
- Published on Wednesday, 21 August 2013 15:14
Today, many businesses are still rare earth market keep watching the market, there is no significant temporary price adjustment. Lanthanum, cerium market is still relatively deserted, vendors offer a smooth, market turnover is limited.
According to Baotou, Ganzhou supplier said that the recent lanthanum, cerium market is not greatly improved, the market prices basically stable or slightly lower than the previous, the downstream market demand is limited, short-term downturn in demand is difficult to drive than the prices. And this market has been an oversupply of pre Baotou Rare Earth Forum, experts have proposed to open lanthanum, cerium and other light rare earth products mandatory plan, the supply of foreign competition will have a negative impact on the market. Today 3N lanthanum oxide with votes 28,000 yuan / ton, 3N cerium oxide with votes 27,000 yuan / ton, lanthanum cerium metal band tickets 45,000 yuan / ton. Such scarcity of rare earth resources, limited market supply more, even if the policy to rectify longer demanding, does not change the basic situation of oversupply, market speculation of those who have the skill to play in a difficult market.
Recent price performance is more prominent part of the metal, China rare earth metal neodymium Association announced and metal terbium prices were significantly up-regulated. Currently Neodymium with ticket prices 43-45 yuan / ton, metal terbium with votes 510-540 yuan / ton, corresponding oxide is relatively stable market prices firm.
Praseodymium neodymium, dysprosium-based raw materials market, this week, vendors continue to significantly increase offer yet, wait and see attitude continues, the market traded more slowly. In addition to this part of the market is more sensitive to magnetic materials manufacturers there has been movement, the scrap market trading mentality change slightly. There are electric cars scrap recyclers magnetic reflect market shipments increased for two days, more people are willing to ship. It is reflected in Linyi region recyclers, taking into account raw materials market continued lack of upward momentum, some upstream decline in the enthusiasm receipt recyclers and other reasons, today recovered slightly lower prices 1-2 yuan / kg, the corresponding reduction of waste electrical recycling price 1 yuan. It is understood that there is still more to maintain yesterday recyclers offer, yet there is substantial adjustment.
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August 21 rare earth price quotes
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- Category: Rare Earth News
- Published on Wednesday, 21 August 2013 13:53
August 21: Today, rare earth prices remained stable, manufacturers and downstream to continue the game, many manufacturers do not want low-cost shipping, downstream buyers do not want to accept a higher offer, the market run more stalemate, the actual turnover is insufficient.
Lanthanum oxide mainstream manufacturers tax price 27,000-29,000 yuan / ton. Cerium oxide mainstream manufacturers tax price 28,000-29,000 yuan / ton.
Praseodymium oxide mainstream manufacturers tax price 535,000-545,000 yuan / ton. Neodymium oxide 350,000-360,000 yuan / ton.
Dysprosium oxide mainstream manufacturers tax price 240-260 yuan / ton, dysprosium iron mainstream manufacturers tax price 240-260 yuan / ton.
Praseodymium neodymium mainstream manufacturers tax price 365,000-375,000 yuan / ton, praseodymium neodymium metal mainstream manufacturers tax price of 460,000-470,000 yuan / ton.
Europium oxide phosphor grade mainstream manufacturers tax price 4,800-5,000 yuan / kg. Terbium oxide phosphor grade mainstream manufacturers tax price 4,300-4,500 yuan / kg.
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Remediation industry intensified boost rare earth prices rise
- Details
- Category: Rare Earth News
- Published on Wednesday, 21 August 2013 13:42
By Ganzhou Rare Earth private mining regions of the comprehensive combat boost rare earth prices rebounded sharply beginning in June. In early August, the Ministry of Industry jointly organized eight departments launched a three-month fight against illegal activities in the rare earth industry special action, focusing on covering the mining, smelting, recycling, trade, distribution and other aspects. Expected to accompany the Ministry and other relevant departments to increase the industry's mining, smelting and circulation of remediation efforts, as well as to further expand the scope of application of rare earth, rare earth industry in the production and circulation order as well as downstream demand is expected to be improved to some extent, driven by rare earth prices rebounded strong persistence. From the end of June since the price trend of rare earth, rare earth prices rise situation obvious. With dysprosium oxide or front, for example, in early June the lowest price point, offer 1.13 million yuan per ton, as of August 16 dysprosium offer 2.27 million yuan per ton, or more than 100%; heavy rare earth prices prices also led to the rise in the northern light rare earth oxide, praseodymium neodymium in early June about 240,000 yuan per ton, as of August 16 quoted market price of about 351,000 yuan, or more than 46%.
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