About eight ministries or national rare earth prices jumped hitting
- Details
- Category: Rare Earth News
- Published on Thursday, 08 August 2013 16:11
Analysts said that the reconstruction is expected to carry out combat activities of rare earth and related concepts stock price system
Following Ganzhou Rare Earth campaign against illegal activity, will also be launched across the country to combat illegal on earth. August 7 reporter learned from the Ministry, the Ministry of Public Security, Ministry of Land and other eight departments, will organize the fight against illegal rare earth industry special action, the action will focus on the fight against rare earth mining, production and circulation of illegal activities.
It is understood that this special action there are six major priorities, including combating illegal exploitation of rare earth behavior, rectifying behavior illegal production, circulation combat illegal activities, clean up waste products recycling and comprehensive utilization of rare earth enterprises, chain and check against black interests rare implementation of regulatory responsibility.
Prior to Ganzhou Rare Earth Mining order to carry out special rectification and regulatory actions, the rare earth raw material prices generally rose. Some analysts predict that the rare earth industry nationwide campaign against illegal actions, would nationwide light, medium and heavy rare earth prices good form.
"Since mid-June, Ganzhou carried out in 2013 and the first half of rare earth mining operation order special rectification actions, rare earth prices began to soar from early July, July commodity price change chart, non-ferrous metal products sector rose ring 16 species, of which prices rose more than 5% of the total of 10 kinds of commodities, accounting for the sector to be monitored for 33.3% of the number of commodities; increase the top three commodities were up 79.31% Dy alloy, rose 78.57% dysprosium oxide, praseodymium neodymium oxide prices 25.93 percent. "the analyst said.
Another analyst pointed out that Ganzhou Rare Earth illegal strike action, has achieved success, while the eight ministries jointly attack, there may be long-term reversal formation of rare earth stocks time inflection point is expected to rare earth prices and reconstruction and related concepts share price system to help.
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