Rare earth mining regulatory and financial support will be high-end applications

Ministry of Industry and the Ministry of Finance jointly issued a "State of Things and the rare earth industry development grant fund management approach", will provide funds to support the regulatory rare earth mining, rare earth and other high-end applications, in accordance with the above approach, through the environmental review of the rare earth mining companies approved capacity to give a one-time bonus, which mines mining 1,000 yuan / ton, smelting separation 1,500 yuan / ton, metal smelting 500 yuan / ton, which for by environmental verification, capacity larger enterprises is undoubtedly positive.

According to this approach, the state mining of rare earth resources will be regulated, rare earth mining, smelting and environmental protection technology, rare earth common key technologies and standards development, technology development and application of rare earth high-end industrial and public technical service platform to support the construction of five aspects. To get this rare special funds to support, need to have legal qualifications and the corresponding qualification certificate and comply with "rare earth industry access" requirements and environmental requirements. In August 2012, the Ministry issued a "rare earth industry access", in the establishment and distribution, energy consumption and environmental protection projects on the rare earth industry access to explicit provisions.

Reward for the rare earth industry regulations, the use of grant funds to support the rare earth industry Yijiangdaibu and free financing methods, including rare earth mining supervision of local government to give one-time award of rare earth construction, technology research and development of rare earth and critical high-end applications to take unpaid funding formula for public technical service platform project to take free financing methods.

Which have been verified by the State Environmental Protection rare earth mining, smelting enterprises, according to the Ministry of Industry and Information Technology of rare earth enterprises access bulletin business productivity to be approved one-time award, the award criteria for the mine mining 1,000 yuan / ton (by rare earth oxide REO matter basis), smelting separation 1500 yuan / ton (REO meter by rare earth oxides), metal smelting 500 yuan / ton.


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