2013 and then out of the New Deal to encourage downstream applications of rare earth

2011 price spike of rare earth industry to suffer , the downstream industry has been no pressure of cross God . In order to solve the problem of rare earth industry sluggish downstream demand , the Ministry is preparing to promote the application of rare earth downstream market policies to reverse the current decline of rare earth industry .

Rare is called " industrial MSG ", which has applications in many emerging industries . The industry believes that China's rare earth reserves and production of the world's leading , and promote China's rare earth downstream applications is an important part of the New Deal .

Policy : the promotion of downstream applications

Shanghai and Shenzhen stock markets yesterday , the rare earth sector led the broader market once again , sparked speculation that policy is expected . There are rumors that the heavy rare earths policy is brewing . Shanghai Securities News reporter learned through the industry , relevant departments are studying the policy of promoting the rare earth downstream applications .

July 14 , China Rare Earth Industry Association in the Chinese Academy of Engineering organized the overall development and application of rare earth resources strategic planning workshops , rare earth Association Gan Yong and academicians participants.

Ministry director Jia Yinsong RE office at the meeting analyzed the main problems of the industry and preparedness measures . China Rare Earth Industry Association Deputy Secretary-General Chen Zhanheng reported "rare earth resources and the application of the overall strategic development plan " outline drafted situation .

Back in December 2012 , a specification like the same theme was held in Beijing . Attended by a number of academicians and experts have proposed to the rational use of rare earth resources, adjust rare earth resources strategy, the rationalization of costs and prices of rare earth ; increase rare earth technology innovation, expanding the application of rare earth products , such as smart phones , home appliances and so on. The meeting held that the application of rare earth development might lead and produce an industrial revolution . In addition , the meeting also mentioned the problem of integrating a large Rare Earth Group , to strengthen environmental governance work.

Skyrocketing hurt downstream vitality

Rare promote downstream applications become urgent work . 2011 , with a number of national New Deal Rare , rare earth prices such as wild horse straight up , raw material prices have rocketed so unbearable downstream to find a few alternatives , some companies hesitate to return to the era of low- ferrite , 2012 , rare earth downstream application vendors once only twelve percent of the operating rate , stop the closure of a few. The second quarter of this year , although the application of rare earth terminal capacity utilization improved to Friday 60% but then shadow enable enterprises still dominated by low inventory strategy .

The amount of 70% of the world's rare earth application in China . Many industry experts believe that the dramatic changes in the price of rare earth severe blow to the development of downstream industries , a large number of alternative technologies enable new applications of rare earth died , and even lead to technical regress.

Injuries eventually spread upstream downstream applications . After preliminary continued price cuts this year, in April and May , rare earth prices have fallen back to levels before the price increases accelerated - the highest price is only 80% , while a large number of rare earth piled in the warehouse can not find a buyer.

Promote the development of downstream applications where the rare earth industry to become one of the key .

Impact: second half performance or enhance

As downstream applications operating rate is not high, the first half of this year , the rare earth -related poor performance of listed companies .

Case in Baotou Rare Earth . Its first quarter net profit of 245,262,900 yuan , down 79.68% . Minmetals Rare expects first half net profit of about 90.015 billion yuan , down 92.50% 95.50% . Leading enterprise application providers downstream Zhong Ke San Huan 230 million yuan in the first half profit of 138 million yuan , down 50% to 70%.

However, since the end of June , Jiangxi Ganzhou Rare Earth to carry out illegal production of remediation and the Ministry intends to rectify in the country "black earth " after the news , rare earth prices began to rise to 20 % or so, Baotou Steel Rare Earth Rare Earth and five upstream firms mine rare performance is expected to improve .

Once the " overall development of rare earth resources and the application of strategic planning ," released during the year , the survival of the environment or the entire industry is expected to reverse. Rare earth magnetic field of new materials represented strong growth in recent years , especially in the electronics industry NdFeB rare earth permanent magnet materials , rare earth deep-processing enterprises will benefit.


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