Rare earth prices is a short performance

Recently, Jiangxi Ganzhou Rare Earth private mining on a comprehensive attack, began to raise the offer rare, rare earth related stocks Sheng and resources, such as rare earth Thursday Minmetals limit again. Ganzhou Rare Earth Industry Association said on Thursday against rare earth mine may affect the private supply, but prices rose just short performance.

He also said that the fight against private mining market may affect the supply of rare earths late, there are some mines stopped, the current rare earth prices have some impact, "but is short performance, the latter not optimistic about the rare earth market."

An Ganzhou Rare Earth processing enterprises responsible person said, to combat the current rare earth rare earth ore prices private have a certain influence, but the market oversupply and weak demand, rare earth prices continue upward trend difficult.

Reporters call the number Jiangxi Ganzhou Rare Earth processing enterprises, have expressed against rare earth mine on the processing of private enterprises have little effect. The one rare earth enterprises responsible person, about 50% of local rare earth processing enterprises in a temporary shutdown state.

From July 10 onwards, Ganzhou County Forestry Bureau to carry out a full four months of rare earth mining order Hillwood campaign, the focus of regulation, including a comprehensive inventory of the illegal occupation of forest land remediation exploitation of rare earth criminal acts, as well as the illegal exploitation of rare earth actions or lease forest use rights violations.


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