China's rare earth industry is facing "external attack" Challenge

" At present, the production of rare earth industry to fully surplus , and foreign rare earth mine in the exploration and development and new achievements . ' external attack ' below , the situation of China's rare earth enterprises is very optimistic . "President Baotou Rare Earth Research Institute杨占峰not without concern said.

It is understood that the amount of China's rare earth resources proved once accounted for nearly 90 % of the world 's rare earth industry has developed rapidly , fame . Today, the production in the upper reaches of China's rare earth industry , such as the separation of rare earth smelting, alloy materials, and other areas can have serious excess capacity, while at the international level , the United Kingdom , Russia and other major developers have announced the news of rare earth projects , which will allow domestic rare earth enterprises flu preparation pressure.

Secretary-General of China Rare Earth Industry Association马荣璋other industry sources, the current separation of rare earth smelting enterprises have more than 110 , with an annual capacity of about 300,000 tons , but in 2012 China 's rare earth separation smelting legitimate product yield only 8.2 million tons in recent years global annual consumption of rare earth is only about 12 million tons. So accounting down , comprehensive utilization rate of China's rare earth separation smelting enterprises less than 30 %.

" stimulated by economic interests , over the past few years , China's production of rare earth alloys expanded rapidly , showing a general overcapacity situation. " Zhuang Zhigang said.

Although rare in the upstream business serious excess production capacity , but all over the rare earth industry in our new projects and industrial parks are still large numbers.

" In 2000, the annual output of NdFeB rare earth permanent magnet materials can only 0.8 million tons, in just 10 years, the production capacity will grow by 30 times , but the expansion, the new project is still emerging. " Beijing Channel Consulting Co. analyst Chi Wu Chen -hui said.

Since 2010, many parts of China 's rare earth industry in the construction and planning of the park , across the country about 18 rare earth industrial park. These parks and many more resources for the core extends downstream industries , involving rare earth smelting and separation of rare earth alloy materials production and processing , planning and similar low-level redundant construction of a serious problem .

Although the domestic rare earth industry capacity has been saturated , but affected by the international market factors such as rising prices of rare earth , the United States , Australia, Russia , India, Brazil , Thailand and other countries in recent years have started to recover or start the development of rare earth resources. As these projects come on stream , China's rare earth industry will face even greater pressure on the operation .

For this external pressure , insiders believe that not a bad thing . Zhang Anwen , deputy secretary general of China Society of Rare Earths , said: " Supply pattern changed in favor of China's rare earth mine life extension , in favor of sustainable use of rare earth resources . Over the past 20 years, the world's rare earth supply is heavily dependent on China , leading to excessive consumption of China's rare earth resources , illegal exploitation , destruction of the ecological environment issues outstanding. "

In the formation of large rare earth group speed , while China will by environmental verification , environmental restoration , resource tax reform and improve industry access policies , mandatory plan to optimize production management , improve relevant laws and regulations and other measures to increase the production capacity of rare earth behind out of efforts to further promote the transformation and upgrading of industrial structure of rare earth .

"In the future , the development direction of China's rare earth industry is the production of high value-added products must raise the level of resource utilization , improve product competitiveness , so as to maintain the advantage. " Marong Zhang said.

The industry believes that the global supply of rare earth diversified pattern has formed , our share would decline, but the future of China's rare earth dominance in the international market will be difficult to shake. Currently, foreign rare earth development projects mainly produce light rare earth products, so the light rare earth products in the future market competition will become increasingly intense, but China will dominate the production of heavy rare earth supply .


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