Control the amount or cancel the mining of rare earth export restrictions?

Private dug Luancai been China's rare earth industry ills, rather than let the mining companies are not standardized, it is better to increase the capacity of informal enterprises

Recently, our country will be canceled on rare earth export restrictions, tariffs have been discussed in the heating, according to the reporter, the above restrictions and the elimination of export duties on the argument that many foreign media from the mouth. This year in March WTO Dispute Settlement Body panel report preliminary ruling the U.S., EU, Japan, the export management measures v. China rare earth, tungsten, molybdenum, and other related products cases against China, foreign media has been to take "Dongfeng" advocated China will abolish export restrictions and tariffs on rare earths.

As for whether we should abolish export restrictions and tariffs and other issues, the relevant parts of our country has not yet been finalized. June 6, the Ministry (hereinafter: the Department of Homeland) official microblogging news release sound homeland of the display, the Land Department recently issued "issued 2014 annual total rare earth ore mined tungsten ore control indicators," which will continue implementation of the total rare earth ore and tungsten ore control targets.

In this regard, insiders interpretation, "notice" will continue to implement the total rare earth mine management control indicators, is a response to the attitude of the rare-earth litigation, litigation in other countries and China's rare earth export tariffs, however, if the total amount of from mining control on it, nothing to do with his country, if total mining under control, then exports will inevitably limited, and this is also conducive to China's rare earth prices to fight the right to speak.

Control the amount of rare earth mining

"Notice" that in 2014 the total amount of rare earth ore mining index was 10.5 million tons, including rock type (light) rare earth ore index adjusted by 11,200 tons, an increase of about 15% over the previous year; total control index 8.9 Tungsten mining tons.

Land Department said that in 2014 the total amount of antimony ore mining is no longer assigned control indicators; utilization indicators index plus tungsten ore implement the approved assessment, appropriate to relax constraints.

The circular stressed, "continued implementation of the suspension of mining rare earth ore of tungsten ore policy to June 30, 2015. Key projects for the State Council and the Central Fund or the provincial geological special fund projects to develop integrated projects, resource depletion mines, the Department of Provincial agreement, mining resource depletion remote connection, the central support poverty alleviation projects, the provincial government requires support programs and projects to support large-scale rare earth enterprises restructuring projects, in line with the total production control, capacity balancing requests, allowing the new rare earth mine tungsten ore mining rights. "

This is the first time in recent years, the Department of Homeland total cancellation of the antimony mining controls. But for total control of rare earth and tungsten ore, it has been going on for years.

Notably, the total rare earth mining constantly under control in recent years, but this year has increased. In this regard, some analysts have told reporters: "I am afraid that China's rare earth export restrictions cancellation become a foregone conclusion, which also makes the resource tax raise is put on the agenda, the Department of Homeland" notice "to improve the amount of rare earth mining, may want to To squeeze the living space of private mines, private dug Luancai been China's rare earth industry ills, rather than let the mining companies are not standardized, it is better to increase the capacity of informal enterprises, which is also conducive to management, but also will increase the resource tax raise coverage efforts. "

The analysts expect that after "notice" under development, China will continue to introduce relevant policies to ensure the healthy development of China's rare earth industry, a further blow to private dug Luancai and smuggling.

In this regard, there are people in the industry agree with this view, "the export quota and tariff policy adjustments, China will promote the introduction of resource tax and other relevant policies, strict management of production sources of rare earth exports, only production, environmental protection and other indicators qualified export enterprises can improve the chaos of rare earth exports from the source. "

Elimination of backward production capacity ineffective

Recently, Industry and Information Technology Ministry issued "backward and overcapacity notice issued in 2014 Industry eliminate energy objectives and tasks" (hereinafter: "Task notification" "), the following municipalities issued the 2014 elimination of outdated and excess production capacity target tasks, which involve rare earth (oxide) 102,400 tons.

Currently, in addition to Inner Mongolia, Hunan, Sichuan, Jiangsu Province, also have been released a list of their needs out of production enterprises. Among them, Hunan Province this year, the rare earth industry, eliminate backward production capacity, a total of seven enterprises, involving production capacity 16,000 tons; Sichuan province eliminated rare earth (oxide) production involves two production capacity 07,000 tons; Jiangsu Province rare earth industry, eliminate backward production capacity of 1 involving production capacity 12,000 tons.

To successfully complete elimination of tasks, the provinces have also defined the work schedule. Case in Hunan Province, and the enterprises before the end of October this year have all been dismantled announcement of backward production capacity of main equipment, production lines, non-elimination of backward production capacity equipment transfers; governments at all levels must be completed on-site for all eliminate backward production capacity of enterprises before the end of November inspection and acceptance, the elimination of backward production capacity of the provincial leading group will be around 2014 for the elimination of backward production capacity and excess work inspection and acceptance in December.

Although these "tasks notice" requirement is clear, but it remains difficult to implement.

Inner Mongolia Autonomous Region, Inner Mongolia this year to phase out backward production capacity of rare earth industry 68,610 tons. Except Baotou Steel Rare Earth (19.26, 0.16, 0.84%), the Wulateqianqi Jinxin rare limited liability company, Baotou Rare Earth Huachen local companies, 14 companies have entered the phase-out of the list. It is understood that, although many local governments listed in the list of enterprises out of production, but a large part of corporate restructuring or belonging to the company has been shut down to allow the elimination of the rare earth industry work compromised.

As the world's largest suppliers of rare earths, the future of China's rare earth policy on how and inconclusive. To have our country more competitive in the international market, the first condition is the product quality should be excellent, but should focus on sustainable use of resources, sustainable development of the ecological environment of the size of the domestic rare earth mining can be controlled.


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