Russia plans to invest $ 1 billion for the rare earth project
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- Category: Rare Earth News
- Published on Wednesday, 18 September 2013 17:16
- Written by HJF
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Russia will invest $ 1 billion rare earth production, aimed at reducing dependence on China. At present China controls 90% of global rare earth supply of the market. United States, Japan and the European Union had accused China of manipulating its rare earth industry, the WTO, claiming that Chinese attempts to restrict supply to push up prices at the same time it has won a competitive advantage.
Rostec and IST is Russia's industrial and defense industry giant Alexander Nesis's investment company, has agreed to invest rare earth production in 2018, $ 1,000,000,000. Rostec goal is to have 2017 to achieve self-sufficiency rare.
An insiders, the Russian president and the government set up the task of expanding the rare earth production, because the Russian inventory is almost depleted. The source said that as the major producers a substantial increase in China rare earth prices, the need to rebuild inventories.
Rostec and IST venture company TriArkMining has received 82,653 tonnes of monazite concentrate acquired rights, the ore is stored in the Russian Urals Sverdlovsk state Uralmonatsit warehouse.
From the beginning of 2015, the next 7-8 years the joint venture from warehouse storage monazite concentrate extract 40,000 tonnes of rare earth. These inventories are rich in heavy rare earth elements such as dysprosium and terbium, these elements on the automotive, defense and clean energy industry must be high-energy magnetic material is essential. Heavy rare earth elements cerium and other light rare earth elements than scarce, making it more valuable.
Rostec said that Russia's annual consumption of about 1,500 metric tons of rare earth, is expected to reach 6,000 tonnes in 2020.
Rostec has eight broad defense materials production company, depending on the rare earth elements as a strategic raw material.
Chinese rare earth production ceiling set in 2013 93,800 tonnes, aimed at controlling the illegal exploitation of the industry.
Russia's rare earth production accounts for only 2% of world production, if there is no new projects coming years, Russia's share of production will drop to 1.5%.
ICT will be the joint venture's managing partner in industrial engineering, mineral processing and hydrometallurgical plant building experience will be of great benefit.
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2013 Chinese rare earth mining 93,800 tons in total control
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- Category: Rare Earth News
- Published on Wednesday, 18 September 2013 16:39
- Written by HJF
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Advantage for the rational development of mineral resources and protect the ecological environment mining, Chinese Ministry of Land Resources recently issued 2013 annual rare earth ore mining tungsten ore antimony total control, which in 2013 the national total control of rare earth mining 93,800 tons.
Reporters on the 12th from the Ministry of Land and noted that according to the "National Mineral Resources Plan 2008-2015" and the MLR targets on total control of mining minerals Interim Measures on Management of Land and Resources study identified 2013 annual rare earth ore, tungsten ore and antimony mining total control. 2013 annual national rare earth oxide ore mined REO total control of 93,800 tons, of which ionic dominated by heavy rare earth targets 17,900 tons of rare earth minerals, rock-and-light rare earth ore targets 75,900 tons. The tungsten content of 65% tungsten trioxide total control of mining 89,000 tons, 71,000 tons of which the main mining index, utilization indicators of 18,000 tons; antimony ore controlling the total amount of metal mining was 98,000 tons, of which the main mining index 75360 tons, 22,640 tons utilization indicators.
Ministry of Land and urged all provincial land and resources departments should strictly follow the regulations, good indicators of decomposition and release work, and timely indicators break down cities and counties, to the enterprise, graded responsibility, layers of implementation. MLR also urged all localities to strengthen statistical reporting and supervision.
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Rare earth prices experienced ups and downs since 2011, after
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- Category: Rare Earth News
- Published on Wednesday, 18 September 2013 16:22
- Written by HJF
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China Rare Earth Association Deputy Secretary-General Chen Zhanheng last Friday (the 13th), said rare earth prices experienced ups and downs since 2011, after bottoming out in May and June of this year, is expected to post rare earth prices have a quick recovery process, and then hold then there will be a slight pullback stable.
The increase would have little, Deputy Secretary-General did not make further explained that he was in the UK on Friday hosted by metal mesh 2013 annual meeting of the International Rare made the remarks.
Since late June, along with intensified efforts to combat the black earth, light and heavy rare earth prices rose into the channel, some products prices rose in July exceeded 70%. Since August, LREE are at high steady state, but the market volume are relatively deserted.
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Many varieties of rare earth prices lower on Tuesday, traders rush shipments
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- Category: Rare Earth News
- Published on Wednesday, 18 September 2013 16:37
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Since purchasing and storage of rare earth has not yet issued a formal document, manufacturers are still waiting to see, do not rush to ship; while traders eager to ship, Tuesday lowered many varieties offer.
According to statistics, 17 heavy rare earth dysprosium continue down 2 percent, which is the second last Friday (the 13th) is another callback down 2.1%; light rare earth neodymium oxide, praseodymium still offer high steady.
The Department of dysprosium oxide offer lower prices rose sharply by the end of June to the fourth callback, while lower offer along with lanthanum oxide, cerium, lanthanum, cerium, lanthanum, cerium mixed metal, dysprosium iron, dysprosium and gadolinium oxide , down not by much, analysts said, although prices are down, but the deal is still deserted.
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WTO litigation outcome fastest at the end of the great bull market of rare earth policy combing bring
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- Category: Rare Earth News
- Published on Wednesday, 18 September 2013 16:21
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June , Jiangxi Ganzhou mine Authority within the jurisdiction of rare earth mine to focus on consolidation ; August , the Ministry and other eight ministries jointly issued against rare illegal special action program ; Last week, the Ministry of Industry revealed prepared to " invoices " as a clue, right 1594 rare earth enterprises one by one investigation , and to establish a " black list" of classified management .
A long-term concern of rare earth industry sources said , to combat illegal rare earth production which has never been a year like this year so harshly - by a brokerage statement, there are only Ganzhou Rare Earth illegal production of hundreds of people under criminal or administrative process .
Crack down on earth to rectify behind the U.S. and Europe and Japan jointly sued the WTO, asked China to abolish export quotas for rare earths . Although this international lawsuit is inconclusive, but the authorities are very worried that once the quota , China rare earth industry will return to the old " cabbage price" era.
In order to prevent the same mistakes, the Chinese government is to re-sort the rare earth industry policy : space efforts to combat the illegal exploitation ; intends to introduce "Rare Management Regulations" ; formation of large groups ; another brewing differentiated management of different varieties of rare earth .
And this policy of carding for 2013 rare earth prices and stock since the second half of 2011 brought the biggest wave of rising , since this rise continues.
WTO litigation or year outcome
Rare WTO dispute a long time. 2009 , the EU proposed a lifting of the rare metal products requires China 's export quota system ; 2010 United States, Mexico and other countries WTO ED also submitted memorandum demanding that the Chinese rare earth export quota system canceled ; 2012 , the United States , the European Union formally in the WTO China 's rare earth export quota system proceedings.
Rare WTO proceedings progress , Chinese Association and the Chinese Society of Rare Earths Rare were tight-lipped.
SW that rare earth WTO case is expected by the end of 2013 the outcome. They believe that China is very difficult to win the lawsuit . " China's rare earth export restrictions may be released in early 2015 ( a year of protest during the period as a buffer ) ."
Similar events are raw materials for the case two years ago . June 2009 , the United States , the European Union to the WTO proceedings, that the Chinese bauxite, coke, fluorspar and other 9 kinds of raw materials to export quotas and export tariffs and price and quantity control , in violation of China 's WTO accession promises . The lawsuit is ultimately China lost. January 1, 2013 , China abolished tariffs on coke exports 40% .
Authorities are very worried that once the WTO lawsuit against China rare earth industry, no tariffs and export quotas , the earth will be like before vendors into a price scrimmage , rare earth return "cabbage price " era.
2012 , China's rare earth production of about 120,000 tons , but the capacity of 30 million tons. The characteristics of easy to illegal poaching of rare earth , rare earth prices are most likely to be low.
China is striving to respond. An industry source told reporters that China now is not necessarily lost ; addition a total of 17 varieties of rare earths , China can negotiate with foreign countries , first release the export of some varieties , namely light and heavy rare earth export of differentiated management , such as the light rare earth export management to some extent liberalized.
Other countries in the world have rare breed mainly light rare earths. Chinese light rare earth export restrictions opens, will be fully integrated into the international market , the light rare earths will face fierce competition . Baotou Steel Rare Earth is the largest supplier of light rare earths .
"Fighting " rainy day
Chinese government is re- carding system rare earth industry . An official of the Ministry of Industry in 2013 last month revealed Baotou forum is being developed "Rare Management Regulations", intended to set up a joint 12 ministries and ministerial-level coordination mechanism metals , rare metals management to establish and improve long-term mechanism . It is reported that the Ordinance introduced during the year is expected .
According to industry analysts , after conducting metals management of domestic exports only manage hopes up right from the exit end of this smelting, mining and other aspects of control. Now it is the source from the mine began to intervene , from the whole industry chain management.
To this end, this year's crackdown on illegal production of rare earth space . Currently , the Ministry is to " invoices " as a clue, for almost all rare earth production and trade enterprises carpet investigation , and to establish a " black list " in an attempt to overhaul the illegal poaching . Rare Earth Association, who said that before there is a fight against the illicit production of rare earths report went , this time in the whole industry a thorough investigation , it should be from the results.
Start from the source to include a large group to promote the integration of rare earth . A broker said the large group is expected to be the fastest integrated program launched in early 2014 . In addition to the Baotou Rare Earth , Ganzhou Rare Earth Group , Minmetals Rare Earth , China Aluminum Rising colored outside , Xiamen Tungsten , Jiangxi Copper , the color , also expected to play an important role.
In addition, to promote the application of rare earth downstream policies are also in the pipeline.
Rare earth prices rebound
Last week, neodymium oxide, praseodymium market is basically stable , the market price of the mainstream in the 35.5-36.5 yuan / ton, manufacturers prices firm, insisted on not cheap shipping , small factories and traders offer last week, slightly loose .
Since August of rare earth prices continue to rise . Currently, the core application market of rare earth magnetic materials market price of neodymium oxide, praseodymium mostly in the 370,000 yuan / ton , compared with the year in mid- June, the lowest price 250,000 yuan has gained more than 48% ; dysprosium and terbium oxide prices were 2350 yuan / kg and 4,300 yuan / kg, compared with before the start of 1150 yuan and 2300 yuan respectively, up 104% and 87% .
Rare earth prices rose strongly , which inevitably reminiscent of 2011 , the year of the New Deal was called rare earth , rare earth prices are soaring tenfold. In 2013 , the same number of rare New Deal in the offing , the same rare earth prices. However , the Swiss road network that metal , rare earth market this year and in 2011 a very different situation . " Some people buy year prices have gone up , so some stocks still have not digested ; prices but this year no one buys , downstream manufacturers are getting goods with orders ."
2011 RE soared tenfold , the downstream industries are looking for alternatives , and some stopped developing new applications of rare earth , rare earth industry demand led to abrupt contraction. Two years later, rare earth prices skyrocketing back to 2011 levels before .
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