Minmetals Rare Earth Separation affiliated companies will be shut down in December

According to the separation of rare earth enterprises subordinate Minmetals Rare insiders, subject to production quotas, and the plant will be shut down in December . It is understood that the plant in September to add 500 tons separation indicators had expected in October it may be discontinued .

The source said that as the earth hitting unprecedented intensity , Ganzhou private mining mountains have been shut down , and now Ganzhou most companies have cut separation . Rare performance of the spot market recently deserted , Thursday ( the 17th ) heavy rare earth dysprosium price down 2.5% , the average price at 1.975 million / ton , a record low of two months ; light rare earth neodymium oxide, praseodymium prices steady .


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