Japan Discovers Deep Sea Rare Earth Treasures, But Somehow Wakes Up This Sleepy Universal Soil

Jiaolong deep sea manned submersible picture

As we all know, rare earths have the reputation of industrial MSG, industrial gold, and even the versatile soil that Japanese media call high-tech industry. Of course, this precious resource is not really "earth" or "soil", but a general term for seventeen rare metals. Most of the countries in the world are buried underground or under the sea, which is more or less.

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Five Aspects to Help the Development of Rare Earth Industry

rare earth ore picture

Recently, Wang Jiangping, deputy minister of the Ministry of Industry and Information Technology, led a team to Longyan City in Fujian Province and Chenzhou City in Jiangxi Province to investigate the development of the rare earth industry.

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Xiamen Tungsten Industry and Rare Earth Blocks Soar, The Reasons Behind

rare earth permanent magnet picture

In early trading today, the Shanghai and Shenzhen stock markets opened higher and continued to rise in the areas of rare earth, building materials and liquor. The Shanghai index rose more than 1% to nearly 2600 points. The GEM index rose nearly 2%, and then fell back. In terms of industry, most of the sectors are red, and the sectors such as nonferrous metals, building materials and winemaking are among the top gainers. Only the insurance sector that led the gains yesterday fell. The concept section is full of red, rare earth permanent magnets, scarce resources and railway infrastructure are among the top gainers.

Read more: Xiamen Tungsten Industry and Rare Earth Blocks Soar, The Reasons Behind

Dr. Nagata Hiroshi: “Building A World-class Rare Earth Magnetic Materials Research Institute in China”

rare earth magnetic material picture

Dr. Nagata is a well-known magnetic material expert in Japan and the world, and is the inventor of many rare earth magnetic materials. Xiamen Tungsten Industry Co., Ltd. (hereinafter referred to as “Xia Tungsten”) has attracted a large number of talents with its competitiveness and innovative ability. Dr. Nagata is one of them. He has been working in China for a long time and has already regarded this place as his own hometown. “My goal is to create a world-class magnetic materials research institute and factory in China,” said Nagata. His dedication to the study of magnetic materials makes people sigh "science without borders"! He also said, "If one day unfortunately dies, I hope to be buried here and buried in a place with rare earth mines."

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Ministry of Natural Resources: China Continues to Maintain Stable Supply of Rare Earth

rare earth ore picture

According to the Notice of the Ministry of Natural Resources, Industry and Information Technology jointly issued in 2018 on the 2018 annual rare earth ore tungsten mining total control index (the first batch): the first batch of rare earth minerals in the country in 2018 (rare earth oxide REO) The total mining control index is released according to 70% of the 2017 annual indicator. The first batch of rare earth ore mining total control index was 73,500 tons, of which the ionic type (mainly medium and heavy rare earth) rare earth mineral index was 12,530 tons, and the rock type (light) rare earth mineral index was 60,970 tons. It is reported that the first batch of rare earth mining total control indicators planned by the state in 2017 is 52,500 tons. Compared with last year, the first batch of rare earth mining this year increased by 40%.

Read more: Ministry of Natural Resources: China Continues to Maintain Stable Supply of Rare Earth

 

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