MIIT further promote the establishment of a large group of rare earth prices are expected to stabilize l

According to the Ministry issued the " 2013 economic operation of the rare earth industry ," the announcement said , to accelerate the formation of large enterprise groups is rare prominently placed on

Recently , the Ministry of Industry Division released the raw material on the " 2013 economic operation of the rare earth industry ," the announcement. Announcement said that in 2013 the country's total control of rare earth mining index was 9.38 million tonnes ( total rare earth oxide , the same below ) , smelting separation products programs for 90,400 tons . The actual amount of the annual extraction of 80,400 tons , smelting separation products production was 83,300 tons , respectively, 85.7% and 92.1% plan , part of the rare earth mine in Jiangxi Province and China Minmetals conduct environmental transformation and inhibition of falling prices and reduced production . The total amount of 24,000 tons of rare earth export quota (equivalent physical quantity 31,000 tons ) . Actual annual export quota of rare earth products physical quantity 22,900 tons , an increase of 36.3% , exports amounted $ 603 million .

According to statistics , in 2013 the rare earth industry revenue 76.9 billion yuan , an increase of 7.9% , a profit of 7.74 billion yuan , down 28.1 percent . The lower profit was mainly due to lower prices of rare earth .

In addition to the above announcement summarizes 2013 cases of rare earth industry , but also on the rare earth industry for 2014 were discussed , in addition to crack down on illegal behavior , accelerate the formation of large enterprise groups this rare work was placed in an important position.

Urged the establishment of a large group of rare earth

Early January 2014 , the Ministry of Industry and Information Technology jointly with relevant departments in Beijing held a rare formation of large enterprise groups thematic sessions. The meeting said, according to the law of survival of the fittest market , has been basically formed Baotou Steel Group , China Minmetals , Chinalco , Guangdong earth, Ganzhou Rare Earth and Xiamen Tungsten and other six companies led industry development pattern. Next , to the flow, focusing on this six companies were led to further promote mergers and acquisitions , formation of large rare earth enterprise groups.

Ministry stressed that full play a decisive role in the allocation of resources in the market , business-oriented , diversified investment , market operation , and promote mergers and acquisitions by the "Let Me restructuring" to "I want restructuring" changes.

Day laborers in the February 21 letter to the Department 's announcement to accelerate the formation of large enterprise groups are placed in the rare earth remarkable position. Notice that the consolidation and expansion of China Minmetals , China Aluminum , Baotou Steel Rare Earth , Ganzhou rare earth, rare earth , Guangdong , Xiamen Tungsten six major rare earth enterprises have been formed on the basis of the pattern of mergers and acquisitions , the integration of domestic rare earth mining and smelting enterprises separation close in this process a number of illegal businesses , converting a number of enterprises , restructuring a number of enterprises , dramatically reducing the number of rare earth smelting and separation enterprises , resolve excess capacity. Adhere to government guidance, principles of corporate -led, multi-investment , market-oriented operation , play a decisive role in the market in resource allocation , integrated use of economic , technical, legal and necessary administrative means to eliminate institutional obstacles , grasp this opportunity to promote mergers and acquisitions, as soon as possible forming a pattern of development of large enterprise groups leading rare earth rare earth industry .

Now, after several years to accelerate the pace of consolidation , the basic form of rare earth industry south and central rate local businesses coexist . Baotou Steel Rare Earth , Rising colored , Ganzhou Rare Earth , Xiamen Tungsten and other resources for local businesses due to the master link to group integration, while Minmetals and through mergers and acquisitions in the downstream aluminum smelting separation and processing industries , and gradually penetrate to the upper reaches of use "infiltration routes " to obtain the right to speak upstream .

In the future integration of whether there will be competition, insiders pointed out that the central and local businesses compete both , there are also cooperative . But there is no doubt that the future integration of rare earth will become increasingly fierce competition in the South . Some media reported that the parties are now competing for the rare earth resources in Sichuan province , but there is a listed company in Sichuan Sheng and resources , as well as Leshan Institute of Rare Earth New Materials Co., Ltd , a large foreign enterprises to carry out the integration difficult.

Rare-earth prices are expected to rise

In addition to the restructuring of rare earth , and always keep the pressure up the fight against illegal activities of this work is the focus of the Ministry on the rare position in 2014 to work on .

Notice that this will strengthen supervision, the Ministry of Industry and Information Technology with the police, land, environmental protection , customs, taxation , safety supervision departments to increase efforts to verify the issues highlighted area , supervise the handling of key cases ; build light and heavy rare earths rare linkage mechanism to combat the illegal production areas , timely communication of information , coordination, unity of action ; rare invoices by means of data sharing , improve the reporting system , such as the timely detection of problems and dealt with ; territorial regulatory responsibility is to implement and supervise local resolutely investigate and deal with illegal acts ; efforts to increase the accountability of local government regulation of individual responsibility is not implemented , collusion , illegal acts such as approval of the project accountability ; strengthen social public opinion , news media good practice , exposure and other six typical cases work will focus .

It is worth mentioning that the crackdown will enhance every industry rising rare earth prices , and whether the industry will be put on the crackdown rising rare earth prices it ?

Data show that the first week after the Spring Festival , praseodymium , neodymium mainstream price from $ 300,000 -30.5 ten thousand yuan before Spring / ton adjusted to 315,000 yuan -32 yuan / ton. Praseodymium neodymium metal market prices from 380,000 yuan -38.5 mainstream yuan / ton to adjust to the ton 39.5-40 million businesses have even quoted to 420,000 yuan / ton, but no record deal .

Meanwhile, gadolinium oxide and gadolinium iron prices have seen a slight rebound , gadolinium oxide and gadolinium iron mainstream prices were at 155,000 yuan -16 yuan / ton and 160,000 yuan -16.5 yuan / ton. Have a pick-up of about 10,000 yuan per ton compared to about years ago . Lanthanum, cerium , dysprosium, terbium , europium, yttrium and other product prices consistent with the year , unchanged.

Redoubt metal analyst Gao Yan believes that the reasons for the change in rare earth prices , mainly less downstream NdFeB factory stock , with various enterprises have started production, will buy some raw materials ; another based on past experience, the annual the market will rebound after a wave of Chinese New Year started, so cargo operators are reluctant sellers cover their goods , resulting in tight supply in the spot , the price rebounded .

But insiders said , in August last year, combined with multi-site joint remediation rare cases promoting illegal rare earth prices Stories of view, if this year to combat illegal activities intensified again , rare earth prices are expected to rise steadily .


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