Large group is expected to speed the integration of rare earth

Interim Report WTO ruled China rare earth export restrictions violations, is expected to accelerate the process of China's rare earth industry consolidation , China is brewing a number of New Deal response to export changing situation , including the crackdown private mines, the proposed introduction of "Rare Management Regulations" , the formation of a large group of rare earth , rare earth brewing different varieties differentiated management. Recently, Su Bo, vice minister of the Ministry of Industry , said during the forum in Davos , the formation of a large group of rare earth is expected before the end of the introduction program .

Rare earth industry consolidation will usher in peer review stage, the follow-up is expected to further boost the market sentiment. Evening of August 7 MIIT eight ministries jointly issued " against rare earth mining , production, circulation of illegal behavior special action program ", the consolidation scope and intensity of combat or exceed all previous actions with the rare earth industry consolidation actions in depth, rare private mining is expected to be effectively suppressed and boost market sentiment , and thus promote the stabilization and recovery of rare earth prices .


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