Chinese and foreign experts called on rational development and diversification of the world's supply of rare earths

Many Chinese and foreign experts in the world of heavy rare earth ionic birthplace of Ganzhou Rare Earth Seventh International Seminar on the development and application of rare earth and the Second China Rare Earth Summit called for the development of countries in the world should be reasonably rare , shared responsibility for the global supply of rare earth , a diversified supply of rare earth situation led to the formation of a stable , which is conducive to the healthy development of the world's rare earth industry .

President of the European Rare Earth Industry Association , said class is hereby established : Many countries have rare earth, rare earth to be used in place of rare earth production is reasonable , resources should always be a place for ' trek ' everywhere shipment.

Many experts said that the supply of rare earth diversified pattern is formed , it is the consensus of the rare earth industry. By comparing the data found that in 2013 the global market for rare earths supply shortages may occur , however , after 2014 will have to reverse this situation . Consumer providers can seek some comfort from diversified sources of supply , the proportion of Western rare earth production is increasing. British metal trader network president Nigel Fontana said.

Nigel Tana said that the increase comes mainly from the expansion of Western production company MountainPass American molybdenum complex production projects and Australia 's Lynas Wilder Hill project. These should be provided to increase the supply of rare earths supply of consumer relatively stable in the coming years , especially in terms of light rare earths .

Secretary-General of Chinese Society of Rare Earths Lin Dong Lu said that China 's share of global rare earths market share of more than 90 % of the supply . This increases the consumption of China's rare earth resources, but also increased the pressure on land resources, environmental management , while , due to the low price of long-term economic losses are self-evident. More than 30 countries around the world have rare earth resources, but the long-term by a State to supply the global market , which gives China too much pressure . Therefore, the supply of rare earth into the ranks of countries that can slow down China 's supply pressure.

After the supply pressure relief, China was more effort to manage environmental and remediation of illegal mining issue. Lin Dong Lu said , diversified supply of rare earth market fairer form , then there is a wide range of stable supply channels , rare earth prices will be able to return and become more reasonable , and will not harm the industry ups and downs of health development.

2011 rare earth industry in a non- normal period of extreme swelling , abnormal rare earth prices skyrocketing , the global rare earth industry causing injury. Currently, more than a year as a whole experienced a decline , the rare earth prices back up .

However, the rise in the price of several elements , can not compensate for shrinking market , the market is not busy purchasing power , lack of trading volume , which should lead to a global industry-wide concern. Secretary-General of China Rare Earth Industry Association马荣璋said.

Restore market confidence will take several years . Nigel Tana said that now the government of each country in the world have realized that many high-tech areas, including military, to a large extent be dependent on the supply of rare earth. Therefore, many countries in the world in efforts to increase the supply of rare earths .

Experts, according to the U.S. TMR company tracking studies outside China , in recent years, the United States , Canada, Australia , India and other 37 countries, 261 companies from亊429 rare earth projects, namely the exploration , planning , evaluation, testing for mineral smelting , construction, or different stages of complex production processes .

However, the fact is not optimistic. Ban is hereby established that the current new rare earth mining project is mainly light rare earth , the most critical heavy rare earth rare.

China Tianyuan analysis of rare earth experts have found that can have an important impact on the world in recent 3-5 years not many projects of rare earth rare earth market , but also the global supply of rare earth diversified to some extent.

A few years later , China 's rare earth production and exports , the share of global proportion will be reduced to 70% or even 50% more than the current 90 %. Rare and foreign experts believe that this world is a good pattern for China .

Tianyuan has said that China is the world's supply of rare earth market , excessive , excessive consumption and waste of resources. China wants the world to have a sustained and healthy development of the rare earth market , countries should strengthen international cooperation.

Nigel Tana said rare earth prices reasonable degree of stability in relation to the business interests of all the world's rare earth industry , I hope through the efforts of the world's resources in the country in the coming years , a diversified supply situation , rare earth price stability can also be followed by implementation.


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