Remediation efforts unprecedented support for rare earth prices rebound

Ministry intends to joint environmental, Customs, Ministry of Land Resources, Ministry of Commerce and other ministries to conduct nationwide Rare remediation work, the current regulation scheme has entered the stage countersigned by the various ministries. It is understood that this regulation is still rare to combat the "black" rare earth-based, but the "anti" scope and intensity will exceed all previous "crackdown."

According to the plan previously discussed, such as the Ministry of Industry on the one hand, an inventory of illegal mining and smelting, and to increase the punishment; hand To the banner of "deep processing" banner in the separation of rare earth smelting and mining enterprises in the new round of illegal verification , once discovered immediately shut down. In addition, any rare earth enterprises can issue special stamps rare earth and rare earth mining mandatory plan will combine the threshold of this earth can not make something illegal "bleaching."

Su Bo, vice minister of the Ministry of Industry recently participated in the rare earth industry conference, said that this year, the State Council, relevant departments will take more stringent measures to crack down on illegal production of rare earths, black market and other special rectification, and resolutely deal with a number of typical cases; and further implement local government regulatory responsibility, enterprises and local resolutely against illegal deduction plan targets, strict accountability.

The national regulation of a rare earth background: 2011 7-8 months, rare earth prices began to fall sharply, fell to the highest price when tickets. Baotou Steel Rare Earth a person so amazing, rare earth prices have dropped the cost of production.

Rare earth is an important strategic mineral resources. Our country is the largest producer of rare earth first, rare earth production once reached 95% of global supply. Like with rare earth prices skyrocketing unfavorable, rare earth prices plummeted situation is not conducive to the healthy development of rare earth industry chain.

Rare earth prices plummeted important reason, in addition to downstream demand, the private dug Luancai repeated informal enterprises also severely squeezed living space. Since no environmental costs of illegal miners, ultra low sales a tremendous impact on the market. 2011 rare earth mining project prescriptive was 9.38 million tons in 2012 to 90,000 tons. Insiders said that more than a dozen private ore tons, the annual output of about 20 million tons, while the annual consumption of 10 million tons of rare earth prices are most affected by pressure.

Many ministries to jointly remediation National Rare Earth before Ganzhou region has to act. June, Ganzhou mine safety supervision bureau directly under the branch with the department of non-coal mining enterprises within the jurisdiction of a special inspection to crack down on various illegal violations, strengthen the focus on the area of ​​rare earth mining and the original appeared in the illegal exploitation of rare earth mining activities Point patrol investigation.

Ganzhou Rare Earth campaign has immediate effect on the market. Since since June 20, ushered in nearly a month of rare earth prices continued to rise. According to rough statistics, since mid-June, the representative of the heavy rare earth dysprosium and terbium oxide species prices rose 19% -25%, and dysprosium iron also rose by 22%; light rare earth neodymium praseodymium oxide species representative of the mainstream price yesterday sold 32-33 million, the price before the start of over 25 million / ton, up 30%. Industry sources, last week the trend of rapidly rising prices of rare earth has been slowing down. Yesterday on the market a lot of holding cargo ship strong, but no volume shipments of practical action. Analysts believe that with the campaign deepening of rare earth prices rebound will receive strong support.


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