National "RE hitting" rectification summary yet started

Rare Association of Jiangsu Province, according to informed sources said Thursday , the second phase of rare earth hitting Jiangsu Province has been completed, the relevant business case has been submitted to statistical verification of the Ministry , the current third phase ( correction summary ) has not yet begun. It is reported that Jiangsu No companies found irregularities . It is understood that in many Shanghai , Jiangxi and other rare earth production and trade enterprise area businesses verifiable progress is slow, is still statistically relevant business results of the verification .

Since August this year , in conjunction with the Ministry of Public Security and other seven ministries and local governments jointly carry out special operations to combat illegal rare earth production , exploitation, distribution and other aspects , according to the original plan, the specific rare earth crackdown divided into three phases , the time is 15 August to 15 November , the provinces were self stage, sector and stage of rectification work of the Joint Inspection summary stage , due to the larger number of verification companies , currently hitting the whole process has been slow .

According to a long-term and spot rare earth exchange analyst at the downstream business , said there are downstream enterprises represent an active black market for rare earths from the previous month , these rare association experts also admitted that the current anti- rare earth normalization has not yet formed , and the rare earth ore private mining process is simple, low cost, easily revived , in order to completely blow difficult.

According to another long-term tracking of rare earth sector brokerage analysts also said that the current capital market for rare earths hitting the lowered expectations, is not expected to occur again in July by hitting Ganzhou Rare Earth Rare Earth brought a large cattle market segment , currently on the market rare and large group purchasing and storage consolidation also have certain expectations, but is approaching the end of a large group purchasing and storage and integration policy is still no definite news will be announced .


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