Issued a rare earth mining index accelerated international pressure to promote industrial restructuring

August 26 morning, the Minister of Land , party secretary of the State Land Chief Inspector Jiang Daming chaired the 11th meeting of the Ministers office will be considered and approved in principle the " Land and Resources issued in the year 2013 rare earth ore mining tungsten ore antimony total volume control indicators , "which determines the country this year will remain unchanged total ionic rare earth mining , while modest increases in mining rare earth mineralization indicators ; tungsten mining maintain total control standards in 2012 ; antimony mining total control indicators moderately reduced .
    
Currently, the rare earth industry, the main focus is playing private and industry consolidation in mid-August , the Ministry of Public Security, the Department of Homeland eight departments have jointly organized a three-month special action to combat , mainly for the illegal exploitation of rare earth, illegal production , black interests chain. With rare special rectification action unfolds, industry restructuring is also the climax of the current policy direction is to create a large group , which for the rare earth industry, the future market structure has laid the basis for a clear , large corporate mergers and acquisitions also entered hotline phase.
    
Since the early earth resource prices did not reflect , after a surge , the rare-earth prices, the market is extremely unstable , intensive period of overheated investment policies , market overreaction phenomenon is extremely detrimental to the sustainable development of the industry , in order to prevent such phenomenon , while speeding up the transformation of the mode dominant mineral management , the Ministry issued a "notice ." Data show that China has 23% of the world 's rare earth resources bear more than 90% of the world market supply . Chinese market in order to implement more stringent environmental standards and protection of the ecological policy of fear of sexual exploitation of international market will also face trade pressures .
    
" 2013-2015 China rare earth industry investment analysis and trend forecast report" shows that from the calendar year issued indicators observed tungsten 2006-2012 issued the increasing number of indicators , compound growth rate of 4% ; antimony ore mined in 2009-2012 total indicator compound growth rate of 5% . However, rare earth ore and tungsten ore antimony there is a difference , in 2009 there had total control of mining index lower case , is 82,300 tons ; 2010 this indicator increased to 89,200 tons ; 2011 national total control of rare earth mining continues based on the increase in the previous 4,600 tons to 93,800 tons , of which 80,400 tons of rare earth light , medium and heavy rare earth 13,400 tons ; while in 2012 and 2011 a considerable amount of targets .
    
With the rare earth industry consolidation progresses, industry, smelting and separation capacity is expected to scale down , not only that, resource recycling sectors are also expected to enter the track by the wind . Short term, the Government is determined to clear the long term, the market still need to follow institutional management constraints . Subject to international market pressures, policy control can not have much time , this is short-term intensive introduction and strict enforcement policy reasons . Current mandatory policy instruments for the latter is undoubtedly the city toward operational basis , such as the integration of large groups such as industry adjustment is the most direct and efficient means. Despite the apparent form of industry consolidation , but there are still specific implementation problems multistakeholder regulation , the future market structure although rare clear, but big business responsibility.


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