Light rare earth export quotas for the first high probability of release

November 4 hearing , which lasted a year and a half has been abroad recently came news of rare-earth litigation , WTO preliminary ruling Chinese rare earth export restrictions violations. Industry pundits said the results had expected , and if we have to cancel the rare earth export quotas, tariff reductions , "may be lighter rare earth began release ."

The authorities said that if the rare case eventually lost , on all domestic varieties of rare earth export quotas and other " non-discriminatory " , but our advice and judgment of view, should be gradually liberalized LREE ( exports ) , because of foreign light more rare earth reserves , domestic light rare earth industry is also relatively mature .

It is reported that rare earth by resource type can be divided into light rare earths and heavy rare earths, light rare earths outside of China , the United States , Russia, Australia , India, South Africa and other countries also have distribution , mainly in China LREE Baotou, Inner Mongolia Jining, Shandong and Sichuan Liangshan northern regions. However, the known heavy rare earth reserves , almost all concentrated in southern China .

China Nonferrous Metals Industry Association vice president, China Rare Earth Industry Association vice president Wang Qin had said in public : "WTO litigation involving nearing the end of rare earth , rare earth export quota management will be canceled in case after the end of the agenda , the recommend that you first began to consider a lighter rare earths . "

Public information, in 2009 the EU requested the lifting of China rare metal products export quota system ; 2010 United States, Mexico and other countries memorandum submitted to the WTO , requiring China to cancel rare earth export quota system ; 13 March 2012 , the European Union , the United States and Japan to the WTO on China's rare earth export management measures of the " request for consultations ," the appeal said the tripartite while in violation of the relevant provisions of the WTO .

" China will further appeal is unclear, but if really the elimination of export quotas and other regulatory tools , rare earth prices should also return to the market , will not return to the price of cabbage , the industry is not particularly big impact. " The authorities said .

Rare Analyst Jianghan Mei had great wisdom news agency said that if the case against China's rare earth , the state should be the appropriate policy responses , such as controlling the supply of rare earths , " personally feel that the current fight against rare earth mine and promising private prepare this feeling However, it is not known what specific policies . " She analyzed, China is a major supplier of rare earth , rare earth minerals are mainly central enterprises accounted for the government from the source control provides the conditions for the supply of rare earth .

In fact , due to the global market demand for Chinese rare earth dropped significantly , resulting in nearly two years, China's rare earth export quotas were exhausted. Chinese rare earth export quota utilization rate of 52.01% from 2011 into 2012 to 48.75% .

China Rare Earth Association, an expert had previously said publicly that it is oversupply, the annual quota of 30,000 tons actual sales 10,000 tons , it will not be big in terms of supply and demand changes.

According to public information , 2012 rare earth export quota of 30,996 tons total , more than 30,184 tons in 2011 increased slightly . In 2013 the first batch of rare earth quotas continue in LREE and HREE are two, a total 15,501 tons , of which the amount of light rare earth 13,563 tons , 1,938 tons of heavy rare earth .


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