Rare reports that country ten billion expected next month on purchasing and storage plan

It is understood that a year of rare earth enterprises involved in purchasing and storage insiders, state purchasing and storage plan will be held in October on earth, the entire purchasing and storage of ten billion yuan, mainly in the heavy rare earths. Although the national reserve, but in fact last year was the form of invitation to tender for enterprise, however, a large rare earth enterprises will generally be invited, especially state-owned enterprises.

Rare analyst Du Shuaibing analysis, it is understood that the purchasing and storage enterprises have six participating, purchasing and storage products praseodymium neodymium 4000 tons, praseodymium, neodymium oxide, each 500 tons, 1200 tons of dysprosium oxide, or 1,500 tons, erbium oxide 300 tons, also plans Shouchu europium oxide, terbium each 500 tons, 2500 tons of yttrium oxide or 2,000 tons, as well as Lutetium oxide, a total of 10,000 tons or more, and will be slightly higher than the state purchasing and storage recent market prices .


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