Too rare in recent years become the focus of attention reviews and reports on the status of China's rare earth industry sighed bitterly regret this even from a simple description of what you can glimpse it, China's first ultra-rare earth production in the United States in 1986, according to "China's rare earth market research report "data show that in 2009 China finishing reserves of 36 million tons of rare earth accounted for 36% of global production of 120,000 tons of rare earth reserves account for 97% of the world's rare earth production stark contrast to the United States accounted for 13 million tons of rare earth reserves of the world's rare earths 13% of the required reserves of rare earth resources and production of zero imports, mainly from China and this is in stark contrast to the rare-earth prices have not the monopoly of China as a production pricing in 2008 before the financial crisis, praseodymium, neodymium oxide fell to less than 10 yuan a ton and recent corporate offer close to one million tonne.For details of the report, the business community will be publicly available on the "China Rare Earth Market Investment and Development Forum" will be held. Severe oversupply and industry to develop a waste of resources caused by the disorder, and finally cause the relevant departments vigilance, decreased export quotas, industry access to increasingly stringent customs to crack down on smuggling, environmental inspection and other control measures were introduced, and the recent consolidation in the industry as the industry most focus.