RE market order to continue to improve
- Details
- Category: Rare Earth News
- Published on Monday, 24 February 2014 17:10
According to data released by the Ministry of Industry show that in 2013 the rare earth mining, production , export order to continue to improve throughout the year as the actual production 80,400 tons of rare earth smelting separation products production was 83,300 tons , respectively, 85.7% and 92.1% plan.
Among them, China Minmetals and Jiangxi Rare Earth Mine in part environmental transformation and inhibition of falling prices and reduced production . The total amount of 24,000 tons of rare earth export quota , the actual physical volume of exports of rare earth quotas products 22,900 tons , an increase of 36.3% , exports amounted $ 603 million . 2013 , operating income of 76.9 billion yuan rare earth industry , an increase of 7.9% , a profit of 7.74 billion yuan , down 28.1 percent . Lower profit was mainly due to lower prices of rare earth .
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