2014 China Rare Earth will face more severe challenges

In recent years, driven by interests, the United States , Canada, Australia and other countries to develop rare earth set off a craze . Japanese enterprises by accelerating the diversification and the promotion of alternative sourcing channels , to avoid the risk of price fluctuations of rare earth to ensure supply. By 2014, the global " de- China" could further accelerate the process of rare earths .

Some elements of the shortage of Japanese diversified blocked

September 2010 , before the waters of the Diaoyu Islands collision , nearly 90 percent of Japan's reliance on Chinese demand for rare earths supply . Subsequently, the Chinese played diplomatic card , cut off exports to Japan of rare earth, rare in Japan for promoting diversification opportunities. 2012 , Japanese dependence on China for rare earths fell to 56%.

The fall of 2013 , the Japanese trading company Sojitz company began importing rare earths from Australia , Toyota Tsusho also planned from 2014 onwards the production of rare earth in India. However, current data analysis showed that the quality of these rare earth sources significantly lower than China .

Japan's diversification strategy and the rare earth elements can not meet the shortfall . After the collision , Japan, China, from all over the world to find alternative sourcing channels mainly for the light rare earths, and heavy rare earths is still dependent on China . Which , as a heavy rare earth behalf of " Di " , are usually equipped with high-performance magnets in hybrid and electric vehicles. Although it is possible through technological innovation , reduce the amount of vehicle , the inevitable trend of the development of new energy vehicles will be difficult to reduce the amount of use of the element.

Honourable mention rare bipartisan US joint motion
2014
In early February , U.S. Senator Roy Blunt ( Mo. ) and Joe Manchin ( West Virginia ) jointly proposed a " National Rare Cooperation Act of 2014 " in order to reduce the United States on China 's rare earth mine dependence , encourage private sector employment and innovation to maintain U.S. military technological superiority.

The reason this legislation is to contribute to the senators that China 's virtual monopoly on the global rare earths market , which will economic environment and national security adversely affected. Due to the rare earth are widely used for military and high-tech electronic products, legislation will be used to encourage domestic production of rare earth products in these two areas . To ensure stable economic development to promote employment while protecting national security.

It is understood that the two parties will promote the national law of rare earth production and sales joint cooperation rare earth industry . Rare private suppliers and end-users will be expected to establish a rare earth smelting joint cooperatives in the United States .

Although rare in the United States and Japan has not shaken the strategic position of China in the world 's rare earth , rare earth industry are weak in recent years indicates that some changes. July 2012 , Baotou rare earth carbonate price 68,000 yuan / ton, down to 27,000 yuan / ton in July 2013 ; November 2013 neodymium oxide prices fell by nearly 25 % over two years , to 32 yuan / ton.

Undoubtedly, China Rare Earth are simultaneously affected by both domestic and foreign . Outside, contradictory demands and capacity exacerbated the weak market , technological advances reduced consumption intensity rare earth ; including black earth industry chain shocks continue , beyond the plan , unplanned rare earth production accounted for 50 % of the total . By 2014, China will face more severe rare challenge .


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