Rare concept remediation program intensified across the board gains across the board

Recently there have been news that the Ministry intends to carry out the national ministries and commissions jointly earth 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 be more than in past years. Market analysts believe that this will further support the rare-earth prices, sending positive for the two markets. The two markets, rare earth stocks across the board gains across the board on Tuesday, Minmetals Rare Earth, Sheng and resources opening soon a strong limit.

The background of the national regulation of rare earth in July and August of 2011, rare earth prices began to fall sharply, fell when the highest price discount for each purchase, so that a person wonder Baotou Steel Rare Earth, rare earth prices have dropped the cost of production. Rare earth is an important strategic mineral resources, China's largest producer of rare earth, rare earth production once reached 95 percent of global supply, with rare earth prices skyrocketing unfavorable, as prices plummeted rare condition, the same is not conducive to the healthy development of rare earth industry chain .

Back in May, the Ministry had proposed a "new round of rare earths to rectify." After this, the first to Ganzhou rare earth industry consolidation, Ganzhou City to develop a "Ganzhou Rare Earth Mining order rectification and supervision special action program" for the rare earth industry in Ganzhou has conducted nationwide Rare remediation remediation work done Well, an important foundation. And Ganzhou Rare Earth campaign has an immediate effect on the market since June 20 has been ushered in nearly a month of rare earth prices continued to rise. According to statistics, since mid-June, the representative of the heavy rare earth dysprosium and terbium oxide species prices rose 19% to 25%, and dysprosium iron also rose by 22%; light rare earth neodymium praseodymium oxide species representative of the mainstream transaction price yesterday price 32 ~ 330,000, compared with 250,000 before the start price / ton, up 30%. Analysts believe that with the campaign deepening of rare earth prices rebound will receive strong support.

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. For the rare earth industry regulation, Su Bo, vice minister of the Ministry of Industry had also noted that the large enterprise groups to effectively assume rational development and utilization of resources, environmental protection, leading rare earth industry transformation and upgrading of responsibility, completely changed the industry scattered, chaotic, and poor production patterns to improve the core competitiveness of China's rare earth industry.

Since smelting and separation capacity than state regulations generally rare earth mining target, once the private mine checked, some lack of resources smelting companies may be forced to stop separation, while some companies are also likely to receive higher and other rare earth minerals. Meanwhile, the rectification work carried out will also allow traders to hoard goods will gradually increase in conduction through the layers after the rare earth industry for the whole industry chain will also be presented in terms of price expectations. Industry insiders estimate that this year with the Ministry on the issue in the renovation of the rare earth industry to further strengthen, off the total amount will probably be able to stop further rise, which the entire industry to eliminate unhealthy competition, the formation of a large group of rare earth and other aspects can play a certain role . For listed companies, involved in mining business performance is expected to be substantially improved.


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