Hurricane delays in production of rare earth development plan in India

India October 30, 2013 report, the strongest storm in 14 years hit the Indian Phailin postpone the Indian producer of rare earth development plan , the plan helps to limit exports of rare earths in China even after ensuring global supply .

Indian Rare Earth Limited chairman and executive director of Patras in an interview with reporters , said the company in the eastern Indian state of Orissa factory and its surrounding area was October 12 landing Phailin storm hit, badly damaged . Delivery of 5,000 tons of rare earth oxides in February next year will be postponed , a full postponed four months.

After China , India is following increased supply of rare earth , Chinese exports of rare earths to meet the needs of more than 90% . For the protection of resources and the environment , China started from 2007 rare earth export quota management . India plans to postpone rare earth production , the impact of the Toyota Group, a subsidiary of Toyota Tsusho Corporation 's rare earth supply . Defense equipment , wind turbines , hybrid cars , color flat-panel TVs , smart phones and so need 17 of a group of chemically similar elements - earth to produce. India more emphasis on renewable energy power , high-tech flat-screen TV and telephone needs, the more dependent on rare earth production . Toyota Tsusho Corporation to supply rare earths is stipulated in the agreement between the two governments content. Just start production in India on rare earth exports to Japan .

Restrictions against China rare earth shipments , U.S. , EU and Japan in March last year complained to the WTO China .


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