The rise of electric vehicle leasing industry remediation support rare earth prices

State Department to speed up the popularization of new energy vehicles to promote the State Council recently issued "on accelerating the development of energy-saving environmental protection industry opinions" that the government should give priority to buy official cars 1.8 liters (with) the following fuel economy to meet the requirements of small cars and new energy Auto select the best pure electric vehicles. "Opinions" should be made to accelerate the implementation of energy-saving and new energy vehicle technology innovation projects, and vigorously strengthen battery technology innovation, focused on solving the battery power system security, reliability and weight issues, enhancing the driving motor and core materials, electronic control and other key parts R & D and industrialization, supporting industries and accelerate the improvement of charging facilities, demonstration and extension of pure electric vehicles and plug-in hybrid cars, aerodynamic vehicles.

Rare earth prices rose since early June, industry consolidation support rare earth prices despite decline in prices during the first half, but into June since factors such as industry consolidation, rare earth prices rebounded sharply. Since 31 May to early August, the heavy rare earth rare earth sharply led the overall price. Aspects of heavy rare earth oxide, dysprosium rose 70.37 percent, up 46.15 percent terbium oxide; LREE aspect rose 25.26 percent neodymium praseodymium oxide, cerium oxide fell 5.9%. Rare nationwide campaign will be in full swing, unprecedented efforts in recent months of rare earth prices are still supported. Ministry on August 15 launched a three-month fight against rare earth mining, production, circulation special action illegal acts, will clean recycling of rare earth companies, find out the source and quantity of raw materials, sales, verification of illegal mining, production of clues and concentrate handling a number of typical cases. As Ganzhou region have begun as early as May hit the local "black earth" operation, intermediate traders reluctant to sell the opportunity, together with the Baotou Rare Earth Stop insured noticed, the heavy rare earth led sharply since June.


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