Eight departments jointly crack down on illegal mining of rare earth prices expected to boost re-

Special action will be August 15 to November 15 in full swing, will be focused on investigating illegal poaching , exploration and exploitation of undocumented illegal , strictly investigated the presence of rare earth mine production cross-border mining, mining super indicators act against illegal mining ( recycling ) mines , minerals and confiscate the illegal income , and will be punished ; clean up illegal construction projects in the recovery of rare earth resources, conduct, behavior did not seek recovery of rare earth resources , and immediately ordered to stop production rectification.

Reporter yesterday from the Ministry of Industry and Information Technology was informed that the Ministry of Public Security and other eight ministries in the second half will be carried out jointly by the National Rare rectification work. "Combating rare earth mining , production, circulation of illegal special action plan" released yesterday , the industry believes that the move will help the healthy development of rare earth industry , positive leading enterprises.

Su Bo, vice minister of the Ministry of Industry in April this year to attend the first session of China Rare Earth Industry Association member -cum- director general has made it clear that this year , the State Council departments will adopt more stringent measures , combined with the rare earth invoices monitoring system implementation , increase combating illicit production of rare earths , black market and other special rectification, and resolutely deal with a number of typical cases .

Reporters learned that, in order to achieve this goal, "Combating rare earth mining , production, circulation of illegal behavior special action program " has been officially released .

According action programs , special action will be August 15 to November 15 in full swing. Ministry of Public Security, the Ministry of Land , Ministry of Environmental Protection , Customs, State Administration of Taxation , the State Administration for Industry and Commerce , the State Administration of Work Safety will participate .

This special action will be focused on investigating illegal poaching , exploration and exploitation of undocumented illegal , strictly investigated the presence of rare earth mine production cross-border mining, mining super indicators act against illegal mining ( recycling ) mines , minerals and confiscate illegal income, and will be punished ; clean up illegal construction projects in the recovery of rare earth resources, conduct, behavior did not seek recovery of rare earth resources , and immediately ordered to stop production rectification.

Investment Advisor in the metallurgical industry researcher Yuan Zhibin that since smelting and separation capacity higher than the national overall targets stipulated rare earth mining , once the private mine checked , some lack of resources smelting companies may be forced to stop separation , while some companies have likely to accept higher prices of other rare earth ore. Meanwhile, the rectification work carried out will also allow traders to hoard goods will gradually strengthened, conduction through the layers after the rare earth industry for the whole industry chain will also be presented in terms of price expectations.

Insiders expect this year with the Ministry of illegal mining of rare earth remediation efforts to further strengthen , off or cut the amount of energy will rise further , which is to eliminate unhealthy competition in the entire industry , the formation of a large group of rare earth and other aspects can play a certain effect.

" For listed companies, involved in mining business performance is expected to be substantially improved , and as the demand for the downstream industry chain has not yet appeared significantly improved , so this will result in not involving mining companies there is a big operating results uncertainty . " Yuan Zhibin representation .


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