Rare asset integration platform space can be expected
- Details
- Category: Rare Earth News
- Published on Tuesday, 06 August 2013 15:55
Minmetals Rare Earth recently released research report, rare earth 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, praseodymium neodymium and other varieties of terbium dysprosium prices rose significantly. Neodymium oxide, praseodymium prices since mid-June lows 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.
As the largest and most advanced in the separation of heavy rare earth smelting enterprises, located in the China Minmetals Rare unique asset integration platform space can be expected. Currently oxides of rare earth minerals and spreads widen, as well as some low-cost raw material inventory of rare earth smelting and separation products benefit the company's profit expansion. Company's share price and the price of rare earth correlation of 0.7, very flexible. Separation smelting technology industry leading company, reflected in part on the amount of reagent lower acidification and extraction sectors of higher product purity. In addition, the company's two separate smelting enterprises are also the industry's first enterprise through environmental review, environmental standards significantly better than industry competitors. Minmetals Minmetals Rare Earth in the 13th through the early replacement of ST Guanlv promised listing of assets, for the control of other companies with Minmetals Rare businesses engaged in the same or similar circumstances, Minmetals Group is committed to the completion of the reorganization of assets 3-5 years, through equity acquisitions, asset restructuring, business reorganization or relinquish control methods such as solution, in order to avoid competition. After calculation, the company's potential injected rare earth smelting production capacity of about 14,000 tons, production capacity is currently about 1.5 times the next 3-5 years is expected to complete injection. In addition, the Minmetals Group also owns three mining permits, holding three rare earth mines, six rare earth separation plant, three light-emitting material production plant, an energy-saving lamp factory, and shares two of my mother alloy plant, a rare precision materials plant and Baotou Rare Earth Exchange. As the only company Minmetals Rare asset integration platform space can be expected, but the timing uncertain.
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