RE stage is expected to continue to rise

Rare smuggling or expand to the nation, is expected to drive rare earth prices continue to rebound. Crackdown by Ganzhou Rare Earth private mining boost rare earth market rebounded sharply, dysprosium, terbium and other varieties of praseodymium neodymium prices rose significantly. Praseodymium neodymium low prices since mid-June rose about 31%, or about 81% of dysprosium oxide. Ganzhou Rare Earth private mining operations crackdown perhaps is the only rare earth remediation work beginning with bedding, rare earth smuggling operations is expected to be extended to the whole country. It is understood that the Ministry intends to joint environmental department, customs, Ministry of Land Resources, Ministry of Commerce and other ministries to conduct nationwide Rare remediation work, the current program has entered the stage countersigned by the various ministries. Calendar year exceeds private mining of rare earth rare earth quota of total control and global consumption has become an important reason to suppress the price of rare earth. We believe that with Ganzhou Rare Earth remediation extended to September, as well as the nation expanded smuggling of rare earth, rare earth mining is expected to get some private suppressed, thereby bringing stage rare earth prices continue to rise.


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