Promote our country to combat illegal heavy rare earth prices soared 70 percent month

MIIT many ministries to jointly conduct nationwide Rare remediation work, the current regulation scheme has entered the stage countersigned by the various ministries. The renovation is still rare to combat the "black" rare earth-based, but the "anti" scope and intensity will exceed all previous "crackdown." This stimulus, heavy rare earth prices rose since the beginning of July, in which gainers dysprosium oxide in less than a month's time soared 77%, which on July 25 after three days have rocketed by nearly 30%.

Against Illegal Rare earth prices soared to promote

MIIT many ministries to jointly conduct nationwide Rare remediation work, the current regulation scheme has entered the stage countersigned by the various ministries. The renovation is still rare to combat the "black" rare earth-based, but the "anti" scope and intensity will exceed all previous "crackdown", "hitting" action countersigned finish time based on the time point to determine.

Since May this year, the Ministry proposed a "new round of rare earth consolidation", the Ganzhou City to develop a "Ganzhou Rare Earth Mining order rectification and supervision special action program." June 14 to 29, Ganzhou Dingnan carried out in 2013 and the first half of rare earth mining operations order rectification "looking back" activities; Ganzhou Rare Earth city Quannan Forestry is starting from July 10 to launch a four months of rare earth mining order Hillwood campaign.

In the special rectification process, some private mining and trading companies have been hit stockpile. It is understood, Ganzhou City of the "black" is the rare earth rare earth campaign against part of remediation work will Ganzhou Rare Earth Rare Earth remediation experience spread across the country.

The impact of regulation by the rare earth, rare earth prices since early July began to soar. Last week, the severity of the rare earth oxide prices were up 5.36% and 9.38%, while prices rose 17.07% dysprosium oxide, since the cumulative increase since the bottom has doubled. Dysprosium oxide prices the lowest point in early June, the price at 1.25 million yuan -135 yuan per ton; July 18 dysprosium oxide quoted at 1.6 million yuan -175 yuan per ton, or more than 25%; to 7 May 28 dysprosium offer 2.47 million yuan per ton, up 77%.

In addition, insiders pointed out that the recent market order rectification praseodymium neodymium stock quickly fell to a lower level in the future once the downstream restocking, praseodymium neodymium prices are also expected to appear compensatory growth.

Electronics industry pushing up demand for heavy rare earth

July 14, China Rare Earth Industry Association in the Chinese Academy of Engineering organized a rare earth resources and the application of the overall development of strategic planning seminar for the current industry operating conditions, detailed analysis of the black chain, waste materials, comprehensive recycling and LREE competitiveness issues . At the meeting, Deputy Secretary-General Chen Zhanheng reported "rare earth resources and the application of the overall strategic development plan" outline drafted case, the experts carried out on behalf of active discussion around the outline.

More than 70% of the world are located in China heavy rare earth. Heavy rare earth reserves is not only small, gap, substitutability is also small, is truly rare in the scarce commodity. China's heavy rare earths almost all concentrated in the southern region, easily, easy to extract, in southern China rare and unique minerals, including heavy rare earth elements such as terbium and dysprosium can only be mined for 30 years.

In the current world economic development trends, permanent magnets and fluorescent powder industry will be one of the fastest growing areas. Permanent magnets are widely used in motors, computer disk drives, magnetic resonance imaging, microwave devices, instrumentation, etc., other than cerium, terbium in heavy rare earth, permanent magnet dysprosium is an important part; mainly used in the fluorescent powder energy-saving lamps, LED technology and high-tech areas such as the field of ceramics, heavy rare earth yttrium have accounted for the main part. Heavy rare earths are irreplaceable, which is China's rare earth resources in the world compete for the cause.

U.S. Freedonia Group research report has pointed out that due to the battery, electronics, automotive and permanent magnet production growth, global demand for rare earths is expected to grow faster average annual growth of 7.1% in 2015 to reach 18 million tons. If you press in U.S. dollars, sales of rare earths from 2010 when the $ 3 billion in 2015 to $ 9.2 billion. In recent years, rare earth materials in the information technology industry in the application of virtually every electronic materials industry, modern electronics industry demand for rare earths has maintained 10% -15% growth rate.


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