Rare, but not optimistic about the market nationwide rectification

Ganzhou Rare Earth field an authoritative expert 7-12 of anonymity said Sunday against rare earth mine is private led by the Ministry, is a national act, Ganzhou just the first stop; But he also pointed out, "but is transient performance, the latter not optimistic about the rare earth market. "

The expert also said that probably Ganzhou Rare Earth more concentrated, the Ministry will first come Ganzhou, the latter will go to other areas, which is a nationwide action, "the Ministry's leadership exactly when, the actions come to an end, I do not clear. " And another rare earth industry also pointed out that in the Ministry to carry out a new round of rare earth before the move Ganzhou currently belong to the "self."

Analysts said the Jiangsu government recently may also conduct private rare earth mine remediation activities, many customers are in a wait state temporarily.

Country and the world's rare earth production mainly in Baotou and Ganzhou, which is rich in LREE Baotou, Ganzhou rich in heavy rare earths. Since the Ministry of Industry 5 - were proposed to be the "new a rare rectification", the Ganzhou City to develop a "Ganzhou Rare Earth Mining order rectification and supervision special action program", Ganzhou Rare Earth city Quannan FDA as from 7-10 days since then to carry out a 4 - rare earth mining order Hillwood campaign.

As a result, the number of rare earth prices in silence - after finally ushered in recovery. According to the Asian metal mesh data show that in June - since mid representatives of heavy rare earth dysprosium oxide and terbium varieties prices rose 19% -25%, respectively, from June - mid 1,255,000 yuan / ton, 2.55 million yuan / ton rose 7-11 days 1,575,000 yuan / ton, 305 yuan / ton, dysprosium iron also rose by 22%; light rare earth neodymium praseodymium oxide species representative prices rose 12 percent, from 250,000 yuan / ton rose 7-11 of 280,000 yuan / ton.

Major rare earth stocks also ushered in a strong rise in the market, from 6-28 to 7-12 at midday, the heavy rare earth stocks Sheng and resources cumulative increase of 62.61%, Minmetals Rare cumulative increase of 51.76%.

But the 7-11 Ganzhou Rare Earth Experts 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. "

By the end of 2010, by the Ministry of Industry, Development and Reform Commission has on energy conservation and other city of the country Tangshan Iron and Steel, Handan organized a considerable thunder "check", requiring illegal production capacity, emissions of non compliance of the enterprises closed down, otherwise it will affect local Officials of the "official post", when steel and steel stocks also had a wave of good performance, but it did not take long, then the "rain" ending.


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