If the cancellation of rare earth export quotas, up to the beginning of the first lighter rare earths

This year 's "two sessions ", the president of the China Rare Earth Industry Association Gan Yong told the media that , faced with a very rare case grim situation , they have to appeal to delay the execution time . "WTO has given us the right to appeal , but the results, almost delaying action execution time. "

China will continue for many years to cancel rare earth export quotas ? Become rare boss Li Jia ( pseudonym ) is most concerned about things these days .

The evening of March 26 , the World Trade Organization (WTO) ruling released report on Chinese exports of rare earths dispute resolution , litigation support requirements of the U.S., EU and Japan , ruled in violation of the rules on China 's rare earth export restrictions imposed .

Commerce Department of Treaty and Law Department official responded that China is currently evaluating the report panel decisions , and resolve to do a proper follow-up procedures under the WTO dispute .

Expert Group on WTO dispute settlement mechanism in the report said that China , including 17 kinds of rare earth materials, such as tungsten and molybdenum export restrictions imposed three . Difference is that on the rare earth export tariffs on raw materials in many forms , and for a certain time period exports imposed quotas, as well as to specific restrictions on the export of these raw materials enterprise rights .

This is from the rare case began in March 2012 , the tug of war after nearly two years after losing the Chinese side has been identified .

March 27 , Jia Li told reporters , WTO could have a fight , this one is about environmental protection , " explained WTO against the adoption of this one did not , as a reason to adopt a quota policy is environmentally friendly ."

In fact, when this lawsuit began , the Chinese side to do the worst .

"State of the original idea should be by the WTO Appellate this time, accelerating the integration of rare earth enterprises , even if ultimately unsuccessful , it is possible to form a strong and large group of foreign high efficiency docking. " Baotou a rare case of corporate executives to the reporter said.

Earlier newspaper reports, although rare is a small industry, but indiscriminate digging abuse , environmental pollution, excess capacity has been plagued this industry, China two years ago began a strong consolidation and gradually determine the formation of rare large corporations strategy.

However , excessive focus on the country 's rare earth industry , but also to directly interfere with the policy level have been rare earths market property , eventually evolved into a lucrative speculation , the first damages the chain.

This year 's "two sessions ", the president of the China Rare Earth Industry Association Gan Yong told the media that , faced with a very rare case grim situation , they have to appeal to delay the execution time . "WTO has given us the right to appeal , but the results, almost delaying action execution time. "

The situation is difficult to change if he loses , China 's rare earth export quota will face is broken .

This is actually Chia want to see : Chia where enterprises are mainly engaged in rare earth polishing powder business, because there is no quota , its exports have been restricted. In addition , rare earth polishing powder itself is deep-processing products, due to the dominant element cerium , often in the name of export export cerium oxide , greatly reducing the original value of polishing powder .

He told reporters , compared with the heavy rare earths , whether domestic light rare earth reserves and production are large, the economic value and strategic significance is not large, even if the restrictions on exports , it will not cause too much impact .

Chia worry that the current spike after the rare earth market , the price bubble has gradually squeezed out , if companies are trying to export , will further depress export prices , making the company even less money.

Rare Analyst Bing Du Shuai interview with this reporter also said that before the export quota is not canceled , international customers are purchasing domestic downstream processing of rare earth products, which are finished in the domestic processing of re-export , no export restrictions , and once put open exports and foreign direct downstream customers may purchase rare earths , which could have an impact on China 's rare earth production downstream processing enterprises .

And for those with heavy rare earth -based enterprises, liberalized quotas, which not only means that there is no exit "system protection " , but also caused huge loss of scarce resources. "There is a quota of big business is very frustrating , like some companies , when tight supply and demand of rare earth in 2011 , with a quota of 300,000 tonne can increase if the quotas , this advantage may be gone. " Baotou Rare Earth aforementioned corporate executives said.

It is noteworthy that , although the Chinese rare earth export quotas have been implemented , but it is still oversupply . The annual export quota used up , even with the amount of smuggling , estimates nor more than fifty thousand tons , while domestic production is far more than that.

Du Shuai soldiers believe that the short-term perspective, the export quota has not completely let go , even if the release is the first lighter rare start , will not have much impact on the rare earth industry .


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