China's rare earth pressure internal digestion

Reporters learned from relevant departments, in 2013 China's rare earth export quotas were flat with last year, but subject to the same total amount of resources exploitation and market decreased ability to digest, rare earth materials to further increase domestic pressure digestion.

Land and Resources recently revealed that in 2013, China's total control of rare earth resource exploitation unchanged. Earlier this year, the Ministry of Commerce announced the second batch of rare earth quotas throughout the year, so that in 2013 the national grid of rare earth export quota of 30,996 tons, unchanged from last year. However, due to recent consumption of rare earth has been suppressed, coupled with excess capacity factors, rare earth materials production enterprise product backlog. The first half of this year, the rare earth industry leading enterprises --- Baotou Steel Rare Earth, to take the stage for production, production measures. In areas of heavy rare earth, some places spent purchasing and storage means. Since July, the rare earth market to pick up signs, but forced "to stock" requirement, export aspirations strengthened.

This year the total mining and export quotas unchanged policies, the market to domestic pressure digestion, increased application of rare earth became the breaking of urgency. Application of rare earth rare earth permanent magnet motor is large. According to the Academy of Engineering PROCEEDINGS introduced the previous period due to excessive volatility in raw material prices of rare earth, some domestic enterprises have reduced motor or stop production of rare earth permanent magnet motor. This situation not only produce a negative impact to the motor, but also restricts the rare earth enterprises. Therefore. He called rare earth upstream enterprises to rationally regulate prices and protect the enthusiasm of application of rare earth, thus promoting downstream collaborative innovation and orderly development.


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