Ministry to increase the exploitation of rare earth industry remediation efforts
- Details
- Category: Rare Earth News
- Published on Friday, 25 October 2013 16:49
Rare concept detonated there are two main factors . First, the Chinese Society of Rare Earths on October 14 , said purchasing and storage of rare earth is expected to honor the month , is expected to reach ten billion yuan entire purchasing and storage tray , purchasing and storage varieties praseodymium , neodymium oxide, dysprosium and other heavy rare earth . Society of Rare Earths source also said that the policy of promoting downstream applications are in the pipeline. Second, the United States and Europe working on Chinese rare earth export policy sued to WTO, the outcome of litigation fastest at the end of the outcome. To this end, China is brewing a number of New Deal response to export changing situation , including smuggling crackdown , the proposed introduction of "Rare Management Regulations" , the formation of large groups , and prepare different varieties of rare earth differentiated management. Recently, Ganzhou Rare Earth private mining region 's comprehensive blow to boost rare earth prices.
Analysts believe that , along with the Ministry and other relevant departments to increase the rare earth industry, mining, smelting and circulation of remediation efforts, as well as to further expand the scope of application of rare earth , rare earth industry in the production and circulation order as well as downstream demand is expected to improve. With increasing the degree of industry consolidation and orderly competition will boost the healthy development of the whole earth industry , industry concentration will be improved before the end of listed companies directly through mergers and acquisitions to become a large group of rare earths is expected to heat up. But in the long term , demand for rare earths still in the doldrums , and the continuity of policies , effectiveness pending , rare earth permanent magnet plate after market policies or face greater risk of callbacks , and once cut export tariffs with WTO requirements and release of export quotas , rare earth market will face shocks.
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