China rare earth prices also rose yet?
- Details
- Category: Rare Earth News
- Published on Wednesday, 26 March 2014 16:21
Laser crystal is activated by the crystal matrix and ion composition . The performance of the laser crystal laser crystal matrix , characteristic of a great relationship between active ions . Currently known laser crystals, can be divided into fluoride crystals, crystals and oxide crystals Oxysalts three categories . Active ions can be divided into transition metal ions , rare earth ions and actinide ions. Currently known about 320 kinds of laser crystal, about 290 species are incorporated as the active rare earth ions . Important role in the development of rare earth visible laser crystal material.
In the rare earth laser output has been achieved Ce, Pr, Nd, Sm, Eu, Tb, Dy, Ho, Er, Tm, Yb trivalent ions of 11 and Sm, Dy, Tm three divalent ions. Laser performance is due to the rare earth 4f electron transition of rare earth ions is generated between the different energy levels . As many have abundant energy levels of rare earth ions and their 4f electron transitions , the rare earth become indispensable to activate the laser crystal ions , providing superior performance in many high- power high-tech , LD -pumped , tunable , new wavelength rare earth doped laser crystals. High power laser crystals doped with rare earth neodymium-doped yttrium mainly aluminum garnet (Nd: YAG), neodymium-doped yttrium aluminum (Nd: YAP), Al-doped gadolinium gallium garnet (Nd: GGG) and neodymium-doped lanthanum aluminum magnesium acid ( Nd: LMA) and the like. Which , Nd: YAG most important , the most widely used , the largest amount .
Today, not only our YVO4, Nd: YVO4 crystals are renowned in the international market , it is estimated that its products now account for the international market l / 3, used in the laser crystal, laser REE , a key factor in its price changes also lies in China hands , because the Chinese produce more than 90 percent of the world's rare earth products, from high-value heavy rare earths , such as dysprosium , and even less to the lower value of the rare earth elements such as cerium rare .
2013 rare earth prices in the doldrums, the whole point of the highest compared to 2011 decreased by 60 %. Investors for 2011 rare earth market bubble memories , most of the rare-earth prices reached unprecedented heights , rare earth stocks have soared. At the same time , to fill the shortage of rare earth supply that may arise in the future , the exploration began looking for new rare earth deposits .
What is the reason ? Prior to 2011 , China promulgated and implemented the policy of limiting exports of rare earths , ostensibly because a lot of clean energy and high-tech industries demand for rare earths , in fact, is to clean up the well-known rare earth mine environmental pollution problems. But then there is no other except China Rare Earth producer ( Mo 's Mountain Pass mine in the early 1990s and shut down due to low prices of rare earths ) , to limit the impact of rare earth export policy is rare earth prices rose sharply, leading to lower consumption of rare earth complain forced to pay higher prices.
RE bubble burst in 2012 , the rare earth market has not recovered its former glory , although this year due to the Chinese government shut down most of the illegal mining of rare earth market and some hope , but also weakened heavily dependent on the price of Chinese products .
Industry restructuring
According to a recent announcement, China 's largest rare earth producer , Inner Mongolia Baotou Steel Rare Earth Group acquired nine rare earth upstream business , in support of the government plan to industry consolidation by large state-owned enterprises to acquire small manufacturers, the coal industry and the aluminum industry also so do it. According to the Wall Street Journal reported that China 's integrated approach , including those that deal with illegal rare earth mine pollution and processors of the village, leading to an increase of illegal smuggling of rare earth supply , lower prices for traders.
This change is significant because so far not been able to control the smuggling of rare earth China , Chinese manufacturers can not get more benefits from the high prices of rare earths , if the smuggling problem has been resolved it will change the status quo .
China also announced that Beijing will set up a group for the purpose of rare earth production quotas , mining licenses and other relevant policy coordination. Team members include Baotou , China Minmetals , China Aluminum Corporation , Ganzhou Rare Earth Group , Guangdong Rising Nonferrous Metals Company and Xiamen Tungsten , these companies accounted for 85 % of China's rare earth production of rare earth production .
Impact on prices
Difficult to accurately predicted that China's rare earth industry restructuring will have little impact on China 's rare earth production and price, but it is clear the Chinese government gives a clear signal to prepare to tighten the global supply . Department of Commerce in December 2013 issued the first batch of 2014 rare earth quota system .
However, as reported in September 2013 that reduce export quotas do not necessarily have any impact on the global supply of rare earths , because most of the products are produced in China for the domestic Chinese manufacturers will not even use their export quotas.
Perhaps this is also of great significance , Chinese Government's intention to reduce the number of players in order to further concentrate the rare earth industry . East Asia Forum Report 2010 has 32 rare earth export licenses held by the company , in 2014 it is difficult to reach this number . The Wall Street Journal reported in northern China 's rare earth industry controlled by the header , in the South China Minmetals Group is a major producer of other major producers include China Aluminum Co., Ltd. and China Nonferrous Metal Mining Company .
Regardless of whether the coordination of new integrated production quotas , the functions described above , or whether the local smuggling industry has played a regulatory role , but this year we were able to see the government 's efforts to combat illegal rare earth mining causing prices to rise. June 2013 , due to the Jiangxi forced to shut down illegal rare earth mining , terbium , praseodymium , neodymium, dysprosium prices have therefore rise.
What is the price of the game 's wildcard is non- Chinese rare earth metals and oxides produce prices will integrate . Roskill Consulting Group cited statistics , Shanghai Metals Market Report of October non-Chinese rare earth production , especially light rare earths is expected to grow 27 percent annually to reach 101,100 tons by 2020 .
For higher-value heavy rare earths , most production in China , China will continue to dominate the market. According to Roskill statistics , despite being shut down illegal miners are expected Chinese heavy rare earth production from 2013 to 2015 will continue to grow.
" Before 2017 , other regions of the world except China heavy rare earth supply is unlikely to have a significant contribution to potential producers of rare earth prices will continue to be tortured and economic benefits currently difficult to obtain . This means that many projects will be delayed or re- evaluation. " Shanghai Metals Market said.
On the other hand , some of the rare earth market observers have been predicting a rebound , because end users are tired of Chinese monopoly and seek Western manufacturers to ensure a more stable supply .
"Do not be surprised to suppress the rare earth miner boarded the mainstream news media headlines , the end user will no longer rely on China , high-quality resources from Europe , USA, Canada , Japan and South Korea have been cause for concern ." , Jeb . Handewoge securities analyst " RE rebound in 2014 to prepare his comments ? " Says.
Handewoge optimism reason is that Japanese Prime Minister Shinzo Abe visited the Yasukuni Shrine in spite of China's opposition , and the South China Sea because of disputed islands increasingly tense Sino-Japanese relations . We should all remember that in 2010 China and Japan Coast Guard patrol boats in waters near the Diaoyu Islands collision events that led China to halt exports to Japan of rare earth . Handewoge puts it , " In the West the rare earth mining industry with end-users aware of security of supply , such as those used in high-tech industry needs a critical element of the communications, defense and automotive industry and enthusiasm for it . "
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