Eight departments jointly remediation Rare

Eight departments jointly remediation earth - will be carried out three months of special operations to combat illegal; analysts said the industry will face restructuring

Will launch a nationwide campaign on the rare earth industry. 7 evening, the Ministry announced on August 15 onwards, the joint public security, land, environmental protection and other eight departments, organizations, launched a three-month fight against illegal activities in the rare earth industry special action. It is reported that eight departments from mining, smelting, recycling and other aspects of trade flows to a comprehensive inspection. Analysts say the campaign will make industry is facing restructuring.

Affected by this news good, the 8th involving rare earth permanent magnet plate stocks broad based, which led the Galaxy magnets, Baotou rare earth, rare earth and other listed companies Minmetals collective meteoric rise.

Rare earth plate broad

Announcement shows that this special action covering the whole industry chain of rare earth industry.

Eight sectors from mining, smelting, recycling to trade circulation comprehensive inspection. Where illegal poaching and exploitation of undocumented behavior will be surveying crackdown; smelting separation involving the company's products sources, perform mandatory planning and related policy conditions will also be individually verified.

It is worth noting that this "strike hard" campaign to introduce MPS co-governance, this has also been speculation that will greatly enhance law enforcement.

Du Shuai rare earth industry veteran soldiers said, because the illegal exploitation of rare earth industry, illegal production, numerous black market phenomenon, the whole industry a long period of disarray, eight departments jointly issued this campaign, so that industry is facing good.

Boosted by the news, on the 8th of rare earth related to listed company's share price EADS were mixed. Which limit Galaxy magnet opening that afternoon concussion, to close at 20.4 yuan, an increase of 4.45%; addition, including Baotou Steel Rare Earth, Minmetals Rare, Sheng and resources, including a number of positive sea Magnets rare earth permanent magnet stocks collectively turn red.

Or short-term rebound in the price of rare earth

Previously, as a domestic rare earth production center in Jiangxi, Ganzhou Rare Earth Mining regions on the order rectification and supervision of special operations, each of the rare earth raw material prices generally rose.

In this regard, analysts believe that this special action would form a good nationwide rare earth prices, the industry is also facing re-shuffle.

Du Shuai Bing that hitting and integration will be the focus of the current round of remediation actions, the relevant departments of the crackdown and verification will make a considerable part in the illegal exploitation and marketing enterprises shut down production, market supply will be abatement, so that after a serious imbalance in production capacity supply and demand eased in the short term will usher in a wave of rare earth prices rebounded.


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