Chinese and foreign experts called on rational development and diversification of the world supply of rare earths

Many Chinese and foreign experts in the world of heavy rare earth rare earth ions birthplace Jiangxi Ganzhou participate in the "Seventh International Symposium on Rare Earth Development and Application of the second session of China Rare Earth Summit" called on countries in the world should be a reasonable development of rare earth, rare earth global shared Supply of responsibility, contributed to a stable supply of rare earth situation diversified formation, which benefit the global rare earth industry to develop healthily.

European Rare Earth Industry Association, Ban hereby established, said: "Many countries have rare earth, rare earth to be used in the local production of rare earths is reasonable, a local resource should not always be 'trek' everywhere transported."

Many experts said that the rare earth supply diversification pattern is formed, which is rare earth industry consensus. "By contrast, they found that in 2013 the global market for rare earths supply shortages may occur, however, after 2014 will have to reverse this situation. Consumer providers can supply pipeline from the diversification seek some comfort, the proportion of rare earth production being Western increase. "British Metal Business Network CEO Nigel Fontana said.

Nigel Tana said the increase in production comes mainly from the western United States the company's Mountain Pass project molybdenum complex production and Australia's Lynas Wilder Hill project expansion. These supplies should increase in the coming years to provide a relatively stable consumption of rare earth supply, especially in the light rare earth aspect.

Chinese Society of Rare Earths, said the Secretary-General Lin Dong Lu, China accounted for 90% of global rare earths market share of supply above. This increases the consumption of rare earth resources in China has also increased pressure on resources to environmental management, and because long-term low prices, the economic losses are self-evident. "More than 30 countries around the world have rare earth resources, but the long-term by a State to supply the global market, which gave China too much pressure, so the supply of rare earths into the ranks of countries that can slow down China's supply pressure."

"Supply pressure relief, the Chinese are more energy to environmental management and remediation illegal exploitation problem." Lin Dong Lu said, diversified supply of rare earth market formed a relatively fair, when there is a wide range of stable supply pipeline , rare earth prices will be able to return and become more reasonable, and will not go up and down hurt the industry's healthy development.

2011 rare earth industry in a non-normal period of extreme swelling, abnormal rare earth prices skyrocketing, the global rare earth industry, causing injury. Currently, more than a year as a whole experienced a decline, rare earth prices back up.

"However, the rise in the price of several elements, can not make up the shrinking market, the market is not busy purchasing power, lack of trading volume, which should lead to a global industry-wide concern." China Rare Earth Industry Association Secretary-General Ma Rongzhang said.

"Restore market confidence will take several years." Nigel Tana said that now the governments of all countries have realized that in many high-tech fields, including military, to a large extent be dependent on the supply of rare earths. Therefore, many countries are increasing rare earth supply efforts.

Experts, according to the U.S. companies to track TMR research outside China, in recent years, the United States, Canada, Australia, India and other 37 countries, 261 companies from Shi 429 rare earth projects, namely the exploration, Organising, evaluation for smelting ore testing, construction, or the resumption of production at different stages of the process.

However, the fact is not optimistic. Ban hereby Li said that at present the new rare earth mining project is mainly light rare earth, the most critical heavy rare earth rare.

China Tianyuan analysis of rare earth experts have found that in the recent 3-5 years on the world market for rare earths have important implications for rare earth project is not much, but it can also to some extent, the global supply of rare earth diversified.

After a few years, China's rare earth production and export volume from the current share of global proportion of more than 90% to 70% or even 50%. Rare and foreign experts believe that this world is a good pattern for China.

Tianyuan has said that China is the world's supply of rare earth market, excessive, excessive consumption and waste of resources. China wants the world to have a sustained and healthy development of the rare earth market, countries should strengthen international cooperation.

Nigel Tana said rare earth prices stabilized at a reasonable level to the global rare earth industry all business interests, hope that after the next few years the world's resources in the country's efforts to diversify supply situation in the formation of rare earth with price stability can also be the implementation.


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