China intends to moderate increase in rare earth mining index

Chinese Ministry of Land and official website announced that the 2013 mining of rare earth minerals such as total control indicators have been identified. It is understood that this year China will maintain constant total ionic rare earth mining, while modest increases in rock and mineral type rare earth mining index.

From the point of view other minerals, tungsten mining maintain total control 2012 levels; while controlling the total antimony mining moderately reduced.

26 August 11th ministerial meeting at the office, the Department of Homeland considered and passed in principle "on the MLR issued 2013 annual rare earth ore mining tungsten ore antimony total control notification."

It is understood that, in order to accelerate the transformation of the mode dominant mineral management, and prevent overheated investment market overreaction phenomenon, the Ministry of Land Reform and approval system combines mining, rare earth mine in preparing 2013 annual antimony tungsten ore mining total control indicators clearly, cancellation policies antimony ore mining pause, adjust tungsten and rare earth ore mining differentiated management policy, fine antimony ore utilization indicators restrictive policy.

Meanwhile, the "notice" clearly, antimony ore exploration and mining is no longer suspended registration, according to prescribed procedures and requirements apply. Xinli antimony ore mining rights, should be consistent with total control of mining requirements. Department of Homeland this as "decentralization, changing functions" an important tool.

China is the world's largest rare earth production, application and exporter. Official data show that China has 23% of the world's rare earth resources bear more than 90% of the world market supply. However, due to serious environmental problems facing the mining of rare earth, rare earth resources in China's official current implementation of more stringent environmental standards and eco-protective mining policy.

In fact, rare earths and other important minerals for renovation, this year China's official moves frequently. Middle of this month, the Ministry of Public Security, the Department of Homeland eight departments have jointly organized a three-month special action to combat it. Illegal exploitation of rare earth, illegal production chain of black interests are on the scope of the strike action.

Earlier this year, May to June, the Department of Homeland also carried out one pair of rare earth mining and construction projects recycling of rare earth resources in a comprehensive investigation.


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