China rare earth industry faces consolidation

Recently, the United States , Europe, Japan trade lawsuit against China 's rare earth preliminary ruling against China . But the market is not necessarily a bad thing considered losing , losing our government Forced events can be deep integration of the rare earth industry , the transition from resource-intensive to technology-intensive , it is about the right to speak and the pricing of rare earths in the international market .

In recent years , the Chinese government has begun a series of rare earth mining industry consolidation , starting in 2010 , China's rare earth policy turned from simple trade management pay more attention to the management of the production side , the flow ends . In continuation of the export management system , while at the upstream end of the strengthening market access, environmental supervision , resource integration efforts, the Group established a five -driven development pattern ; in the middle end , through a dedicated invoice management , strengthening smuggling and other maintenance circulation order.

Nevertheless , compared with the European and American countries , barriers to entry and the development of standards of governance there is still a wide gap between the market , the system still can not achieve the purpose of standards with international standards .

Department of Commerce International Trade and Economic Cooperation Research Institute researcher Jinbo Song said that China has not been thorough enough system introduced in the exploitation of rare earth and other issues , the need for further reforms. Based on our current urgent need to establish a national security , economic security, rare earth and other " strategic resource management system," and this must be an international rule , largely in line with WTO rules system .

Deep integration in the rare earth mining industry , the industry standard process of the country , would inevitably lead to domestic rare earth prices, the last rare earth mining rights for the advantage of resource-dependent companies will be direct impact, but to research and technology-intensive enterprises known for deep processing , D and production of high-tech products with high added value is expected to make in the current round of industry consolidation in relying on technological superiority, to the fore.

Insiders pointed out that the rare earth industry in the future not only the depth of the integration process would not be the impact of raw material prices , but "bigger and stronger " rare earth industry , the main effort is to show the direction of the downstream processing industry chain extension , development of rare earth deep processing has a very important strategic significance.


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