Ministry of remediation efforts to increase rare earth prices continue to rebound

June 2013, the Jiangxi government launched to crack down on illegal rare action, to achieve better results. August 7, the Ministry of Public Security, Ministry of Land and other eight ministries issued "Combating rare earth mining, production, circulation of illegal behavior special action program", jointly launched the earth for three months for illegal crackdown, which is also the history of the the most severe combat smuggling of rare earth once. In order to more effectively implement policies to combat illegal rare earths, the Ministry is expected in the near future to establish RE illegal "blacklist."

It is understood that the Ministry will be "invoices" as a clue, involving the domestic rare earth mining, smelting and trading enterprise for large-scale separation of the special investigation, one by one register and check the conditions established under the management of rare earth "black list", to manage categories , the establishment of long-term regulatory mechanism. Once the illegal behavior of rare earth, rare earth rare earth companies will be registered into the "black list", will become the Ministry of Local Government and key monitoring object.

Illegal poaching of rare earth has been affected the healthy development of China's rare earth industry, the most important factor. In the rare earth market price downturn, illegal rare earth resources in the absence of tax and environmental costs, the market still cheap dumping profit. In recent years, China's rare earth mining total control indicators are 93,800 tons; According to industry experts expect the private domestic rare earth minerals annually more than 100,000 tons of rare earth on behalf of private mining even more than the formal channels of supply controlling the total rare earth mining .


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