Four development direction of China's rare earths

The early 1990s, the global rare earth market is monopolized by the United States, Russia and other countries. After 1990, with the liberalization of exports of rare earths, rare earths of a large number of companies began to engage in export trade, export competition makes the price of rare earth uncompetitive European countries, these countries Forced to adapt gradually worked their way to the development of rare earth resources, roughly can be divided into four directions.

First, the development of rare earth up to the national strategic level, multi-channel supply of rare earth. For security reasons the supply of resources, as the main consumer of rare earths in developed countries usually preferential procurement China, India and other suppliers of rare earth products.

Secondly, increased research efforts to enhance the application of rare earth technology, the high end chain. RE applications include "ore - concentrate - Separation Products - Functional Materials - Devices - Practical commodity" chain, closer to the back end, damage to the environment, the higher the efficiency. Including the United States, Australia, developed the main high-end industrial chain of rare earth, while China is located in the primary stage of the rare earth industry chain.

Third, the importance of the study of rare earth industry. Foreign long time on the rare application of basic research, there is a great advantage in practical applications in production. In some States, the European rare earth industrial base better business, usually have their own application of rare earth research, more targeted, making the research and application work closely together.

Fourth, the implementation of the development of rare earth alternative plans to further realize the sustainable use and development of rare earth recovery by improving technology, thus saving the rare earth resources and reduce dependence on rare earths.


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