Rectify the illegal exploitation of rare earth prices continuing lack

Following the crackdown Ganzhou Rare Earth private ore mining sector, the forestry sector have gradually Ganzhou occupation of forest land in the fight against rare earth mining operations, Ganzhou Rare Earth concentrated Dingnan, Long County, 6 County Forestry Bureau has carried out special rectification. Affected by the recent share price performance rare earth permanent magnet plate strong. Among them, China Minmetals Rare July has risen 50.27%, Sheng and resources has risen 58.91%.

Analysts said the current round of rare-earth prices are mainly Ganzhou Rare Earth private mining driven combat, superimposed rare earth prices oversold, two factors driving prices of rare earth there was a substantial rise, but the downstream demand is still no improvement, therefore, rare earth prices Sustainability is not.

Rectifying continue to deepen

Reporters learned from the website Ganzhou Forestry, Forestry Ganzhou Rare Earth Mining remediation order to carry out special rectification actions of the mountains, Dingnan County, Long County, Anyuan County, the entire county, Nanjing County, Dayu County forestry sector has been carried out action.

According to the news of Forestry Ganzhou, Ganzhou Forestry Administration recently issued "on the issuance of the city's rare earth mining remediation Hillwood special rectification action program of work notice." The focus of this action is to crack down on the illegal occupation of forest land exploitation of rare earth crime, illegal exploitation of rare earth to provide forest use rights violations. Ganzhou Forestry set up a steering group, under the jurisdiction of county forestry department to supervise the rectification work. Among them, the whole County Forestry starting from July 10 to carry out a four-month campaign of rare earth mining order the mountains.

It is understood that the current round of action Forestry Ganzhou Rare Earth Mining order is seen as part of remediation actions. Since the Ministry in May proposed a "new round of consolidation of rare earth", the Ganzhou City to develop a "Ganzhou Rare Earth Mining order rectification and supervision special action program." Which, in the rare earth ore-rich Dingnan, mining bureau, rare earth Rare Earth Mining Office crackdown of illegal behavior, using digging machines, forklifts and other construction machinery dismantling illegal rare earth mining points, ignition points, tail water points. Xunwu County since June 8 in the fight against the illegal exploitation of rare earth special rectification action, the destruction of the illegal exploitation of rare earth ore point three.

Demand in the doldrums

Ganzhou Rare Earth by the impact of consolidation, rare earth prices after a few months of silence, finally ushered in the rise. According to statistics, since mid-June, the representative of the heavy rare earth dysprosium and terbium oxide species prices rose 19% -25%, respectively, from mid-June to 1.255 million yuan / ton and 255 yuan / ton rose July 11 of 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 to 11 July 28 yuan / ton.

However, the industry believes that the current round of price increases mainly due to the pre-strike price oversold and Ganzhou Rare Earth private mining drive, rare earth downstream demand is still no improvement.

In the new materials, NdFeB permanent magnet materials, luminescent materials, rare earth hydrogen storage materials are major downstream applications. Although the high-end enterprise NdFeB magnets operating rate in the second quarter improved signs, but praseodymium neodymium metal prices are still falling, divergence. Therefore, the demand for rare earth prices is not caused by tightening of the supply side is more of short-term behavior.

It is understood that the downstream magnetic Factory inventory is generally maintained at two weeks, when it is a restocking orders, no orders have stopped to sales quotas, rare earth downstream demand has not yet shown signs of improvement.

Compare prices rebounded previous rare earth company rose driving situation, every occurrence of rare-earth prices, the rare earth sector will rise, is expected to drive the prices of the rare earth sector rally may still be 10% -30% space.


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