East China Rare Earth did not start hitting the review, the industry did not pick up

According to informed sources said Friday , in East China , including Jiangsu , Shanghai and other provinces rare crackdown ministries jointly review has not yet started . Led by the Ministry of rare earth hitting special action has not yet announced specific results of the verification , the current state of the rare earth market is still in the doldrums , the informed sources said most of the businesses are waiting to see the results still looking for hitting .

October 2013 , the State Office of Rare JiaYinSong has said , will be on rare earth " black chain " be normalized to combat and reduce illegal rare earth mines and private sources on the normal market order interference. At present, most black rare circulating in trade business, but there is no clear legal constraints related to the Secretary-General of Jiangsu Rare Earth Trade Association, said most companies have formal qualifications, there is no clear legal basis for downstream smelting and separation of rare earth regulation of trade enterprises to combat black difficult.

It is understood that the Ministry of Industry , the Ministry of Land , Tax Administration and other ministries and organizations 8 Joint Inspection Unit in December last year, has been rushed to Guangdong and other places , thorough investigation of rare earth trading chain of black interests . And found that the illegal trade enterprises operating rare earth minerals in serious condition in Heyuan , Meizhou , Jieyang City to investigate and disclose the relevant facts .

Since last August , 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 complexity of operations , the entire operation has been delayed.

Recent light rare earth prices of some products has been raised , the Secretary General of Jiangsu Rare Earth Association said that since last year's fourth quarter due to the rare earth market downturn, many businesses in a wait state , the majority of manufacturers currently low inventory, the price hike is mainly affected by replenishment affected the entire industry is no substantial rebound.


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