Integration of rare earth has landed the subsequent development need to rely on their own

With the May 1 formally abolished tariffs on exports of rare earths, the last barriers to protect the export of rare earth industry has also been removed. Domestic rare earth market again year abroad, in foreign media, this is the victory of the United States, Japan and Europe, but also Western companies once again take advantage of cheap Chinese rare earth resources victory.

Abolish export tariffs and export quotas of rare earth corporations are upset, but the frustration is also catalyzed the Chinese rare earth industry toward a more healthy and rapid development path. With the cancellation of export tariffs on rare earths, and rare resource tax reform, group integration and six rare earth rare earth mining production index synchronized landing, and the introduction of these three policy is not simply an outsider in the eyes of the WTO in response to violations of Chinese exports of rare earths found The response, in terms of a deeper level, is an important guarantee for the healthy development of rare earth industry.

Rare earth resources tax reform so that a reasonable balance between revenue and production has been

Prior to May 1, 2015, we collected by the state of rare earth resources, mainly by the amount of tax levied, whether the rare earth market price is high or low, it is based on exploration and production levied. Such modes of taxation at the high price of rare earth have large benefits for businesses, and in the rare-earth prices is more sluggish, the damage to the normal business activities of rare earth companies. For many companies, the rare earth, rare earth prices really high time only in 2011, in 2010, after 2012, rare earth prices have been hovering at the bottom, and rare earth resources in accordance with corporate tax has been levied exploration and production, in addition tax light rare earth and heavy rare earth is different, but the country is in accordance with this standard, no intention on the part of businesses and parts of it is not fair.

The rare earth resources tax reform, the amount levied by the upgrade to ad valorem taxation is not only more reasonable, but also an important measure to regulate the activities of rare earth market, the fair levy burden on enterprises is also very reasonable. In addition, the State Council issued a notice also showed that rare earth resources tax levied only light heavy rare earth different and various provinces also impose differential treatment, which is a healthy development of rare earth industry has a significant role in promoting.

Large group of rare earth floor will help standardize the market

RE large group strategy proposed it has been three years, but delays in the integration progress in this regard with the interests of the central enterprises and local business related, but also with the interests of competition between the various provinces concerned, so advance has been relatively slow. Currently six Rare Earth Group integration program have been approved by the State Council, the integration of a large group of rare earths have clearly defined policies and guidelines, among competing interests where also effectively resolved.

In addition, since the rare-earth prices soaring in 2011, illegal mining of rare earth production and processing sites are springing up all over everywhere version. Are free to develop rare earth resources, lack of proper protection of the natural environment has been severely damaged, dirty and messy rare earth market situation prevailing in the major provinces rare, this area undermines the country's strategic resources, it also severely the destruction of the environment, in addition there are a lot of illegal rare earth resources also disrupt rare earth market, the domestic rare earth export prices hit a low after another, the domestic rare earth prices continued to slump.

In recent years the central government for local governments joint illegal conduct of mining and processing of rare earth consolidation has achieved remarkable results, but also with the integration of informal enterprises clapper six Rare Earth Group will rapidly advance this strategy for the protection of rare earth resources, improve the rare earth Mining natural environment, maintaining healthy market of rare earth industry has an important positive role in promoting.

Rare Earth Mining index maintain rare earth market supply and demand and reserves

Rare earth mining enterprises to mine indicators index is issued by the State Council, tungsten, molybdenum and other rare metal resources strategic reason for the promulgation of such indicators, aimed at sustainable use of support resources, maintain market balance, to avoid disorderly market supply caused by a large number of strategic resources waste. From the latest release of 2015 rare earth production mandatory plan view, more than 80 percent are concentrated in six Rare Earth Group enterprises, not only for the protection of resources play a useful role in promoting the integration of rare earth industry also plays a key role.

Whether it is industry consolidation, resource tax improvements or production mandatory plan, which for the healthy development of rare earth industry have a vital role, rare earth export market is also open to domestic enterprises to go into the international market, together to participate in the international market The competition, which for the rare earth enterprises and the domestic market is a necessary test and links.

Now, rare earth enterprise policies and regulations have been gradually improving, rare earth enterprises out of key indicators to participate in international competition - technologies and applications, will be the business to focus on investment links. Over the years we have been emphasizing our country's rare earth resources is a big country, but not rare power, we only reserve a large number of rare earth resources, but in the rare application of technology has been developed with arrogance can not. After the integration of six rare earth group, if you want to maintain pricing power and voice of China's rare earth on the international market, the Chinese rare earth becomes real power, it will have the rare technology, product development and downstream applications development, rare earth Under high-end industrial chain sufficient effort, which can ensure that the policies of China's rare earth industry efforts will not be wasted. And we are happy to look forward to seeing the six Chinese Rare Earth Group, known as the strongest voice in the future of China's rare earth industry.


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