Overseas factors propelled September or rare earth prices jumped

The most core applications of rare earth magnetic materials market praseodymium neodymium oxide market prices mostly in the 370,000 yuan / ton , compared with the annual mid-June, the lowest price 250,000 yuan has gained 48%.

According to reports, rare earth prices plummeted after the show in a strong reversal, thanks to China to rectify illegal rare earth, rare earth mine also with overseas production related delays of production .

Chinese experts believe that the rare earth supply diversification is a positive trend . However, the global economic downturn , rare earth prices continue to fall, corporate environmental and cost pressures continue to increase , resulting in full swing foreign rare earth project development encountered resistance , overall showing signs of a slowdown .

Chinese experts have Tianyuan Enfield engineering companies believe that the current rare earth prices , the Chinese rare earth enterprises competitiveness is more obvious. Conditions for the overseas development of rare earth enterprises are mainly three , in addition to the United States molybdenum companies , as well as Australia, Mount Weld rare earth mine developers Carolina company , with its rare earth plant in Malaysia , in 2012 production of about 6,000 tons of rare earth oxides ; South Africa Steenkampskraal mine developers. In mid- June 2013 , the company has said it could not withstand the NC Rare cheap in capacity expansion will cut costs to wait until demand picks up . The industry believes that overseas production of rare earth ore not according to plan , will further support the domestic rare earth prices .

Rare earth prices continue to rise in August

Since August of rare earth prices continue to rise . August 23 , the core application market of rare earth magnetic materials market price of neodymium oxide, praseodymium mostly in the 370,000 yuan / ton , compared with the annual mid-June, the lowest price 250,000 yuan has gained more than 48% ; dysprosium and terbium oxide prices respectively, 2350 yuan / kg and 4,300 yuan / kg, compared with before the start of 1150 yuan and 2300 yuan respectively, up 104% and 87% .

Combating illegal exploitation of rare earth rare earth prices start the round . Back in April and May , Jiangxi Ganzhou first in the region to combat illegal mining . " Intensity is very large , caught a lot of people ." Insider . Then, in August , the Ministry of Industry and several other departments jointly issued a document in the country in the fight against illegal rare earth mining and smelting operations . The move led to a large number of illegal vendors of rare earth production. Rare is a highly mining and smelting separation products , and as such , the illegal vendors have been very rampant in rare earth production , supply and prices of the industry a tremendous impact .

Another reason for the price rise of rare earth is warming downstream demand . It is reported that magnetic operating margin continued to pick up three percent last year to the current level of Qi Cheng . In addition, since July 2011 , rare earth prices up to two years of rapid decline , the rare earth prices return to production costs. Thus rare earth prices rebound is a value return.


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