Forced rare earth export quotas or cancel accelerate the introduction of sectoral policies
- Details
- Category: Rare Earth News
- Published on Thursday, 07 November 2013 14:36
October 26, 2013 , has been a year and a half Chinese rare earth international litigation outgoing messages. Allegedly , WTO dispute settlement mechanism to complete panel ruled that the interim report , supports the United States , Japan and the EU against Chinese rare earth export restrictions policy violations aspirations.
To 23% of the world's rare earth resources, bear more than 90% of the market supply. As part of the national strategy of rare earth resources and serious pollution , China's rare earth export controls . 1998 , the Chinese government began to implement rare earth export quota license system, and the rare earth materials included in the processing trade ban catalog , which is to combat the smuggling of black chaos , prompting valuable rare earth prices return should play an important role . Currently on the market are worried that once the export quota was canceled , the customer's inquiry will increase the range of options , while the price negotiation space will become larger, rare earth prices will again appear "cabbage price ."
But Zhai Kun that rare defeat international litigation may not be entirely bad news , or Forced China's rare earth industry, governance and development policies to further deepen the reform . Over the past 20 years , China's rare earth policies and governance measures are maturing . By 2010 , China adopted a " blocking" based " administrative order " to control rare earth mining , smelting and export side, trying to "block " approach to tightening of raw material extraction and processing ends . 2011-2012 , the establishment of the whole industry chain rectify institutional and governance mechanisms to control production from a simple , limited exports gradually transferred to " administrative, marketing both " situation. Increase the establishment of rare earth rare earth reserve system to carry out special rectification invoice mining rights and other administrative measures ; same time, through mergers and acquisitions, establishing a large group of rare earth , and ultimately through corporate self-discipline to achieve rare earth prices and the industry's healthy development . Since 2013 , China's rare earth governance mechanisms to further deepen and increase the strength and hitting the downstream application support , so combining guidance ; put forward the " severity are different, focus on the protection of heavy rare earths ," the pragmatic thinking .
CSC Economic Consulting released the " 2013-2015 China rare earth industry investment analysis and trend forecasting reports " that the earth is the world's strategic resources , is an important support for the development of new industries , our country should be in the rare earth mining , processing, use, etc. to strengthen international cooperation. First, with other countries to carry out rare earth mining and processing of environmental technology cooperation to improve the utilization efficiency of rare earth resources ; second is to keep the world from the perspective of market stability , the other countries with rare earth resources to allow the domestic development , shared responsibility for the global supply of rare earth ; third is to strengthen the recovery and recycling of rare earth , rare earth in the development of alternative sources of international cooperation .
CSC economic consulting , research director Zhou Rui pointed out that China's rare earth industry due to loss of control due to excess capacity, has a profound impact on the downstream industry . The solution to the problem of excess production capacity of rare earth , in addition to strengthening the industry, the key lies in the downstream processing of rare earth industry to accelerate the upgrading through technology research and development, build high- value-added chain backend .
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