Rare remediation another telling

MIIT announced on the 7th website "Combating rare earth mining, production, circulation of illegal behavior special action program." From 15 August to 15 November, the Ministry of Public Security, Ministry of Land Resources, Ministry of Environmental Protection, Customs, State Administration of Taxation, Business Administration, the State Administration of Production Safety Supervision and eight departments will join forces in the fight against rare earth mining, production , the circulation of illegal special action.

This special action will be focused on investigating illegal poaching, exploration and exploitation of undocumented illegal and ban illegal mining (recycling) mine; cleanup projects recycling of rare earth resources in violation behavior, behavior did not seek recovery of rare earth resources ordered to immediately stop production rectification; focus on verification smelting mineral source separation enterprises, implementation of mandatory planning and related policy conditions. For unplanned, super planned production enterprises, and immediately ordered to stop production; trade enterprises focus on examination of the purchase and sale of rare earth minerals, for sale and can not explain the source of the illegal exploitation of rare earth minerals, mineral products and illegal income shall be confiscated and will be punished; guided Rare mineral mining enterprises will be sold directly to a business plan targets smelting and separation. Identify and production corresponding to the number of sources of raw materials, quantity and inventory of raw materials, and to be verified. On a "comprehensive utilization of resources" as a disguise illegal purchasing and processing of rare earth minerals, and immediately ordered to stop production rectification.

Analysts pointed out that in late June, the main producing areas Ganzhou Rare Earth Rare Earth combating illegal exploitation has led to rare earth prices. The eight departments jointly regulation of rare earth industry reflects the determination of the regulatory authorities, remediation efforts, the rare earth industry is expected to be standardized, rare earth prices are expected upward.


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