10000 tons of rare earth reserves in Ganzhou officially began on Sep. 16. Ganzhou Rare Earth Mining Co, Ltd. stated that the activity has already began as State Reserve Bureau (SRB) started to deliver rare earth, meanwhile it will be finished by Minmetals Rare Earth (000831 SZ), China Rare Earth Company, China Nonferro Metal Co, Ltd (000758.SZ), Baotou Steel Company (600111.SH), Guangsheng Rare Earth and Ganzhou Rare Earth Mining Co, Ltd..

These people said that the state reserves have been completed bidding in July 31, and the amount of national reserve has reached to 10000 tons, besides, the commercial reserves of these enterprises have increased by 3000 tons, and all will be arrived by the end of this year.  

Rare earth market has continued to be weak since the beginning of this year, the prices of rare earth minerals and rare earth products remain low, which has been changing in September. Data from Ganzhou Association of Rare Earth Industry shows that rare earth price has been improved in September. Otherwise, industry analysts said 2013 rare earths reserve unsold, has been delayed until now, in addition there is no specific results in controlling fault rare earth, rare earth market also need to see the market performance in October.

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This week the rare earth market conditions continue Qudan, stable suppliers offer or continue to cut prices, volume was light, lack of orders. Although the late-related messages about purchasing and storage of it, but yet has a significant impact on the market.

This week, praseodymium, neodymium, erbium, gadolinium oxide cargo hold steady or continued to fall in price quotations, such as gadolinium oxide is currently poor demand, Ganzhou supplier said gadolinium oxide with tickets now 105,000 yuan / ton can be traded, not with ticket prices at 92,000 yuan / ton in the vicinity, while other local suppliers, although there are also slightly adjusted the prices, but remained at 110,000 yuan / ton. Praseodymium, neodymium, erbium oxide such as quotations downward adjustment in less than five thousand dollars a basic / ton, suppliers profits further compressed, generally reflect the difficult business environment.

This week lanthanum, cerium products prices are low volatility, oxides aspects quote last week was still 1.5 yuan / ton or higher partial cargo operators who offer this week, appeared slightly downward. Week to Baotou Rare Earth Cerium oxide trading off the exchange, sometimes without quotes, when the downward price trend is more obvious, yesterday's closing price of 17.4 yuan has moved from Monday / kg fell to 16.5 yuan / kg. Lanthanum cerium mixed metal belt ticket prices generally fell current 40,000 yuan / ton, according to this week, with traders understand and dilute associations offer, now lanthanum cerium mixed metal has dropped to 3.5-3.7 yuan / ton nearby, lanthanum, cerium single metal prices have also edged downward trend based.

Praseodymium, neodymium, dysprosium products market, offer strong this week, the situation has continued to decline offer. Baotou region as the supplier of praseodymium neodymium metal is now without a ticket has dropped to 332,000 yuan / ton, while parts of Ganzhou with suppliers to understand, praseodymium, neodymium metal without a ticket is steady at around 33.8-34 yuan / ton , with tickets aspects have Ganzhou supplier said prices have dropped to 380,000 yuan / ton, but also Ganzhou, Jiangsu suppliers offer is still 390,000 yuan / ton situation. Dysprosium class production market, dysprosium low prices at around 1.4 million yuan / ton, the very high price of 143-145 yuan / ton. Individual traders holding cost is still high, even at the present high price of 1.45 million shipments also lost a lot, so temporarily watching the market, wait for shipping time.


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Today, the majority of the rare earth market prices low steady, the market was light. Because many businesses that trend this year compared to previous years is very rare dull, although the market is poor, low price, still hoping before the end of the industry can be a big turn bring prices increased significantly. Although with standardized and improved market supply of rare earth materials, rare earth prices are expected to post steady rise, but at least for now, the market still shows weakness related applications, rare earth raw material prices continue to place downward pressure shocks or still great.

Now for some upside profit businesses offer a smooth generally choose to wait and see in terms of the market. After some companies now understand that in recent years the country has been in the promotion of new production processes, but also unable to fully promote the short term, but once the market application, the short term will increase production costs, prices still have a chance.

Market transactions, according to some traders said the recent Ganzhou region out of the 10 tons of lanthanum, cerium metal, the price has dropped to 32,000 yuan without a ticket / ton. Other stock products such as cerium, praseodymium, neodymium, europium oxide, etc., are not large volume. According to Jiangxi, Shanghai and other places of suppliers said that the recent sluggishness, europium oxide, yttrium oxide poor market, shipping difficulties, such as yttria offer 40,000 somethings still well out of the market without europium oxide ticket prices fell to about 2100 yuan / kg, such a low price is still untold has bottomed.


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In order to better promote the development and utilization of RE integrated pilot work, Ganzhou has recently introduced measures to further strengthen the supervision and management of the project implementation.

First, strengthen organization and leadership. Prospective evaluation of rare earth projects around the rare earth utilization projects, rare earth mine geological environment governance and large geological disaster prevention projects, supervise the implementation of the project implementation and technical support work, to further clarify the project location (county, city, district) people's government, the main project units, project implementation oversight group, Ganzhou rare Earth Mining Co., the division of responsibilities project technical support expert groups.

Second is to strengthen project management. Around the project budget and final accounts, capital assets, procurement and outsourcing of work put forward specific requirements. Adjust the project budget should be in accordance with the relevant provisions of the approval, the annual project task is completed, the project implementation of the main unit should prepare a project report on the accounts and by the implementation of the project to review by the Office of the Leading Group in accordance with relevant regulations. Project implementation unit should establish a special financial accounting, assurance earmarking. The project implementation process auxiliary work content required entrust other units assumed, must project implementation work leading group office for approval.

The third is to strengthen project oversight. Implement a monthly schedule, quarterly inspection, project management year-end assessment, requiring the pilot project implementation units work according to the annual overall goal of the task, project timing schedule to determine the period of the task, the monthly progress of the work, there is a problem and the next step implementation of the project work plan in writing to the Office of the Leading Group report, the Office of the Leading Group on the principle of scheduling will be held once a month to ensure the progress of the project. At the same time called for the strengthening project publicity, and people take the initiative to accept social supervision, strengthening oversight of construction, the implementation of technical guidance, strict inspection management, records management, improve the system, clear reporting matters and other matters important content.


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According to customs statistics, in the first half of 6835 tons of rare earth exports Tianjin Port, over the previous year (the same below) increased 34.6%; worth 410 million yuan, down 18.4%; average export price of 60,000 yuan per ton, down 39.4%.

A first half of the main features of Tianjin Port exports of rare earths

(A) general trade export-oriented. Tianjin Port in the first half of the general trade export of rare earth 6,788 tons, an increase of 34% over the same period accounted for 99.3 percent of total exports of rare earths in Tianjin Port.

(B) State-owned enterprises as the main export of private enterprises is growing rapidly. First half of the state-owned enterprises in Tianjin Port 3868 tons of rare earth exports, increased 42.6 percent, accounting for 56.6% of total exports over the same period China's rare earth.

(Three) are mainly exported to the United States and Japan. The first half of this year, exports of rare earths to the United States in Tianjin Port 3030 tons, an increase of 30%; exports to Japan 2,596 tons, an increase of 93.4%. Both together accounted for 82.3% over the same period in Tianjin Port's total exports of rare earths.

Second, the recent drop in price of Tianjin Port mainly due to increase in volume of rare earth exports

(A) high-tech fields of rare earth rare earth materials to popularize drive demand growth. RE is an important strategic resource, the "industrial MSG", "mother of the new material," said the high-tech industry advanced equipment manufacturing, new energy, new industries and other essential raw materials. With the rapid growth of the world's new energy and environmental protection industry, the demand for rare earth products also showed a significant upward trend. As the world's major economies economy recovers, demand for rare earth products in the application of hybrid vehicles, wind turbines and energy-saving lamps and other environmentally friendly products will continue to pick up, and a substantial increase, while rare earth products play a role in environmental technology will also be more important, the demand for increasingly strong. In the upgrading of traditional automobile industries, the core components of electric vehicles - motor vehicle will also be a large number of application of rare earth materials. With the new energy vehicle development triggered a new round of industrial restructuring, will drive the rapid development of rare earth functional materials. China's rare earth production accounts for 95% of world production, strong demand for rare earth high-tech fields, resulting in China's rare earth exports continued to increase.

(B) the price of domestic disorderly exploitation and lack of voice of rare earth export prices led to lower long-term operation. On the one hand, as the first rare earth producer and exporter countries, the development of China's rare earth market is very confusing. Since the 1980s, China began large-scale mining and processing of rare earth, many illegal mining enterprises, competing prices down resulting in domestic rare earth mining serious excess capacity, causing serious waste of resources and ecological damage. Domestic disorderly competition makes it the "industrial gold," said rare earth prices continue to fall. On the other hand the lack of rare earth industry price discourse leading to the decline in exports. As a major importer of rare earth in Japan and other countries already have 20 years of rare earth reserves; has the largest rare earth resources in Western countries the United States, a large number of rare earth resources in order to protect their sealed mines, banned exports of rare earths. Western countries for the protection of rare earth resources, these countries had no resources instead have a rare earth pricing, especially neodymium oxide, terbium oxide, dysprosium, europium oxide price has long been controlled by foreign businessmen, foreign traders in low purchase a large amount of rare earth product prices, then stop when prices purchase, use inventory, to be re-purchased when prices again. Above lead to the sale of domestic companies competing prices, resulting in China's rare earth export prices have been low.

Third, issues of concern

(A) containing rare earth mining risks, short-term difficult to achieve cleaner production. February 13, 2014, the Ministry issued "on the issuance of the rare earth industry clean production technology to implement the program," which clearly called for speeding up key sectors of advanced clean production technology and marketing, improve the industry clean production level, dramatically reducing pollutant emissions, and the states of cleaner production technologies as energy saving, clean production, recycling economy and other financial guidance financial support focus. This means that countries improve the production capacity of rare earth industry norms and safe and clean production requirements. At present, China Southern ionic heavy rare earth mine commonly used in situ leaching process development of rare earth, easy to destroy mine geological structure, triggering landslides. Meanwhile, due to flawed mine design, part of the chemicals used in the extraction of rare earth leakage risks also exist during the process of recycling used in high-risk chemicals also increase the risk of personnel and increased environmental damage. Although the state and environmental indicators using hair under quota constraints and norms, but because of a lack of financial and technical support enterprises to realize clean production of short-term difficult to achieve.

(B) the downstream application industries concentrated in the low end, the lack of core competitiveness. At present, China's rare earth industry 85% for the traditional areas of metallurgy, machinery, petrochemical, glass, ceramics, etc., only 13% for the high-tech field of new materials, and the highest value-added products in the terminal application, almost mastered the core technology in the hands of foreign companies. Due to the enormous profit potential of rare earth industry, the United States and other developed countries at the same time holding the price of the right to speak, but also clenched authorize its patented technology of rare earth products, restricting the transfer and development of high-end chain. In NdFeB example, belong to the rare earth NdFeB high-end materials, and a wide range of applications. NdFeB our country has nearly 200 enterprises, the annual output reached 1,000 tons, more than 20, but currently uses only Japanese NdFeB Boeing aircraft. Due to the lack of intellectual property rights, China's only mining, smelting and separation of rare earth primary products, not only low value-added, the bargaining space is small and serious environmental pollution; imported from developed countries after deep processing of primary products, prices and profits to grow geometrically. Due to the application of domestic enterprises lack the core technology, so China's rare earth export of rare earth primary products always difficult to break the pattern.

(C) tightening of rare earth exports of rare earths in the game will continue. While China's rare earth reserves, the largest scale, and is the world's largest producer and exporter, but we have no voice and pricing in the global market. With the growing awareness of the importance of rare earth, China since 2006 has gradually decreased since exports of rare earths and slashed rare earth export volume this year, which triggered a rare battle, especially from imports of rare earths from our country, including United States and Japan. Japan chose open conflict with our problems in terms of rare earths, and also looking for strategic partners to ensure the supply of rare earth, rare earth elements and to seek alternatives. Currently, the Japanese government decided to cooperate with Vietnam to develop rare earth resources in order to get rid of excessive dependence on imports of rare earth in China. Japan, as the rare earth materials using the most adequate national, rare earths are widely used in computers, mobile phones and low carbon automotive and other fields, China's rare earth exports to Japan to tighten the pressure greater. While Japan actively seeking other sources to reduce dependence on China, but China is a rare superpower, the impact on Japan is still significant, the Japanese rare game will continue.


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