Rising demand for electronic devices to accelerate the adjustment of China Rare Earth Industry

Rare has said that modern industrial vitamins , many elements of which contains a wide range of applications in the electronics industry . Today, the world's rapidly rising demand for intelligent electronic devices , rare earth industry is still being actively developed , the two promote each other.

As the battery , electronics, automotive and permanent magnet production growth , global demand for rare earths is expected to grow faster than the average annual increase of 7.1% in 2015 to reach 18 million tons. If the U.S. dollar -denominated sales of rare earths from $ 3 billion in 2010 to $ 9.2 billion during the 2015 's . In recent years , the application of rare earth materials in the IT industry in virtually every electronic materials industry , the demand for rare earths in the modern electronics industry has maintained a growth rate of 10% -15 % .

Our country has large reserves of rare earth resources , all mineral species of rare earth resources with good features . Bayan Obo mine is the world 's largest rare earth mines. Jiangxi and Guangdong and other southern provinces of seven heavy rare earth ion adsorption type ore minerals are rare and unique to China . Sichuan and Shandong Province has an excellent single type Bastnasite rare earth mine . Such as Guangdong, Guangxi and Taiwan Province is also rich in monazite and xenotime .

Currently, China is the world's largest rare earth ore and rare earth smelting separation products producer, China 's rare earth production accounts for about 90% of global production, the rest of the former CIS countries , such as India , Thailand and other countries about a total of 6,000 tonnes of production contribution .

Recently, a large group of rare earths led the development program of the Ministry of Industry , the State Council approved the formation of the " 1 +5" rare earth group pattern. Analysts predict that, with the integration of rare earth mining , the next step will be for the processing industry consolidation , the pattern of rare earth market will gradually improve , downstream industries will benefit. At the same time , advanced smart devices will be put on the agenda , help the development of rare earth industry .


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