Separation of rare earth industry consolidation to enhance business confidence

August 8, China Rare Earth Industry Association Secretary-General Ma Rongzhang Thursday said that at present the majority of rare earth separating enterprises, enterprises are facing losses of alloy, some of the rare earth enterprises in production, semi-shutdown state, the industry generally lack confidence in the rare earth industry.

Ma Rongzhang was August 8th Day "organized by the Fifth China Baotou Rare Earth Industry Forum" made ​​the above remarks.

Since 2013, demand for rare earth industry downturn, rare earth prices down, rare earth companies into a loss, and rare "black chain" and other illegal activities intensified rare earth industry business difficulties.

MIIT August 7 announced the "combat rare earth mining, production, circulation of illegal behavior special action program", decided from 2013 August 15 to November 15 to carry out special operations to combat highlights include rare earth illegal mining, waste recycling and other six irregularities.


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