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Ministry of Land, experts say, playing endless black rare due to collusion

Details: Category: Rare Earth News; Published on Monday, 03 November 2014 15:04; Written by HJF; Hits: 2523

"In the illegal mining of private mines, privately separation, privately smelting, then product sales excluding tax black earth industry chain, the state repeatedly playing endless, with the collusion exists a relationship here," October 31, China Minerals and Chemicals importers and pan-Asian non-ferrous metals exchanges will be co-sponsored "China entrepreneur Summit strategic metal" gap, China Research Institute of Economic Research resource Economics of Land and Resources management Deputy Director Li Ruijun told the Economic Observer Online.

Since 2008 he worked at the China Nonferrous Metals Industry Association vice president Wang Qin said at the meeting, the rare earth industry production order has yet to be standardized, after rectifying some time ago, and has achieved initial success, but the illegal exploitation, unplanned indicators production still exists, resulting in a substantial decline in the market price of rare earth, compression legitimate corporate profit margins, banning black chain is still very arduous task.

Data provided by Wang Qin, China's annual amount of the illegal exploitation of illegal production of rare earth mining and smelting separation products amounted to about 40,000 tons and 50,000 tons respectively, but this is only speculation, "the real amount is difficult to say."

Order Li Ruijun Sadly, our country with 23 percent of rare earth resources to bear the world's more than 90 percent of the market supply, in particular, as currently mined, our heavy rare earth and then mined for about 15 years it has come to no rare earth recoverable situation . And the heavy rare earth rich more than the light rare earth metal element, and a higher value than the light rare earth metal elements, so the price is about ten times the light rare earths.

Recently, the Ministry issued a notice eight ministries and conduct special operations against illegal activities of rare earth, the "hitting" action lasted six months, the time span than in previous years.

October 31, an import and export trading company, told the Economic Observer Online, although the country under heavy blow, many companies do not dare alien smuggling rare, but our company can still take 10 to 20 tons per day fee is 5 yuan per kilogram. Yesterday also take a number, is from Guangdong to Hong Kong and then transfer abroad.

Import and export trading company who said to the Economic Observer Online, we can go into the course, because in both places and customs "have ways", through inspection and customs of the country.

Economic Observer has learned that the integration of large rare earth chess game will soon reveal the answer, has now finalized the Baosteel Group, China Rare Earth Aluminum and Xiamen Tungsten three large groups, recently revealed that the Ministry of the remaining three Rare Earth Group will enter specific demonstration phase of the program . Six by the State Council approved the large group of rare earths, has not been announced for the three programs: China Minmetals, Rising colored and Ganzhou Rare Earth Group.

Li Ruijun analysis, WTO, China has lost the lawsuit, estimated China's rare earth export quota policy may be canceled next year, and in the export volume is no policy restrictions, but good is also accelerating the integration of large rare-earth group, which will contain the rare black but how to control black rare problem fundamentally is still pending and solve problems together.

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Russia voted 25 billion aided North Korea railway, for the rare earth mining contract

Details: Category: Rare Earth News; Published on Friday, 31 October 2014 16:10; Written by HJF; Hits: 2423

According to Korean media reports, Russia to help the DPRK to achieve the modernization of the railway network conditions, and North Korea reached an agreement on the mining of rare earth resources.

South Korea, "Central Daily News" Web site Oct. 30 citing Russian media sources said the Russian Far East Development Minister, said Alexander Galuška Russian companies will need to invest $ 25 billion to participate in the Korean railway network modernization project "Victory" project, "This contract period of 20 years, Russia will be in North Korea in exchange for the mining of mineral resources. "

Reported that Galuška minister's visit to Pyongyang on October 20 -24 days to participate in the project groundbreaking ceremony on October 21 - the "Azusa holes - Gangnam - Nampo railway station interval start building ceremony."

Russia's industry-academia complex "Mostow than the" push this project aims to help North Korea in the total length of 7000 km of railway network, the first 3200 km modernize the railway network, exchange, Mostow than in Korea mining of rare earth metals and mineral resources of titanium, tantalum, gold, coal and so on. Galuška minister said North Korea's rare earth metal buried about seven times that of China.

North Korea and Russia first began this month with rubles, and plans to introduce visa-free regime. Galuška Minister said (Russia's largest hydroelectric power station operators) Ruth Xideluo plans to promote the connection of the Russian Far East and North Korea, South Korea's large-scale inter-Korean Russian electricity network.

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Ministry intends to amend the relevant laws and regulations of rare earth

Details: Category: Rare Earth News; Published on Wednesday, 29 October 2014 14:15; Written by HJF; Hits: 2388

Export of raw materials and other measures Disputes in the WTO against China's rare earth. Reporters just learned that in order to cope with the change of rare earth export situation next year, the next stage, the Ministry will promptly revise and improve relevant policies and regulations and management measures.

These include: promoting the early introduction of rare regulations; revise and improve instruction and rare earth rare earth management approach; the establishment of rare earth products traceability system; for LREE of category management, to crack down on illegal rare earth production, meanwhile, continue to adjust and a corresponding increase in light RE targets; increase resource tax South ionic rare earth.

According to the China Nonferrous Metals Association data, global economic growth, lack of motivation, the impact of declining domestic economic growth and other factors, the downward trend appears rare earth market demand, prices fall resulting in enterprise efficiency decline, production and management faced with many difficulties. 1 to August, more than 190 nationwide scale rare earth mining, smelting enterprises realized profits of 2.5 billion yuan, down 24.6%; exports of $ 1 billion of rare earth products, down 0.7%. At the same time, the rise of illegal production signs appear; these uncertainties are so rare earth industry is facing new challenges.

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Ministry intends "Bianzhao" to address the situation of rare earth exports next year

Details: Category: Rare Earth News; Published on Thursday, 30 October 2014 13:36; Written by HJF; Hits: 2431

October 28 afternoon, "First Financial Daily" reporter learned from authoritative sources, in order to respond to changes in rare earth export situation, the next stage, the Ministry will promptly revise and improve relevant policies and regulations and management measures.

Specific measures include: to promote the early introduction of rare regulations; revise and improve instruction and rare earth rare earth management approach; the establishment of rare earth products traceability system; improve resource taxes South ionic rare earth. It will also continue to implement the classification of the severity of the rare-earth management, to crack down on illegal rare earth production, meanwhile, continue to adjust and a corresponding increase in light rare earth targets.

Geneva time on August 7, WTO announced the United States, European Union, Japan v China rare earths, tungsten, molybdenum export management measures related to the case (that rare case) Appellate Body report. WTO Appellate Body had experts maintain export tariffs on Chinese products involved, the export quota measures do not comply with the relevant WTO rules and China's WTO commitments ruling.

Because of the rare earth export situation in the doldrums, there has been a surplus of rare earth export quotas, exports of rare earths outside of the abolition of the quota system differences also exist, but the president of the China Rare Earth Industry Association Gan Yong believes that if this cancellation of rare earth export quotas, it will further increase rare earth industry management more difficult.

MIIT also made a basic judgment, WTO litigation case late, after next year's export quota of rare earth-related market will have to adjust the impact point will be difficult in the first quarter of next year.

China Merchants Securities said in a research report said that with the WTO litigation against rare earth export quota policy adjustment is inevitable, "the first quarter of 2015 will be a critical period for China's rare earth industry, in order to prevent a drop in price of Export Growth situation, the state regulation of rare earth industry can not wait. "

And on the rare earth mandatory plan, although the total annual increased, but the implementation of mandatory plans have been criticized by the industry. Among them, this year's rare earth ore (rare earth oxides REO) total production control index was 10.5 million tons, but compared to the current actual production of rare earth, there are still companies "not enough."

For this reason, after a period of deliberation, the Ministry decided to Bianzhao in policies and regulations. Specifically, carry out special operations against illegal acts of rare earth; and accelerate the formation of large rare-earth enterprise group; utilization of rare earth resources management practices. Level in policies and regulations, the Ministry will promptly revise and improve relevant management measures.

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RE prices dip again, weak market

Details: Category: Rare Earth News; Published on Tuesday, 28 October 2014 15:58; Written by HJF; Hits: 2299

Today, the rare earth market price held steady or continued low volatility down, the price repeatedly dip, a weak market. Praseodymium, neodymium products, currently single oxide because of poor demand, fewer inquiries, contract situation is not satisfactory, the price is also little decrease. To steady this week, neodymium oxide prices low or continue to fall, there are price adjustment, the range of -1 5,000 yuan / ton, the mainstream market fell to around 265,000 yuan / ton. Pr-Nd mixed oxide has some inquiries, but the price has dropped to 280,000 yuan / ton and below, the relative decline in the last week, about $ 5,000 / ton, while the praseodymium neodymium metal market there are some low turnover, according to Ganzhou area manufacturers now reflect the market price at between 36-36.5 yuan / ton.

Gadolinium products, this year gadolinium oxide and gadolinium iron prices are not only lower the minimum current gadolinium oxide with ticket prices have dropped more than 80,000, fell in 2011 the initial price. Back in August and September because of concerns the price outlook continues to decline, some businesses choose to wait and see clearing stock market, gadolinium oxide and gadolinium iron market is limited profit, businesses profit upside down or have been faced with the situation upside down, or continue down the price outlook.

Europium, terbium oxide market's recent price rebound is not now, europium oxide low volatility, traders now to offer their own has dropped to 2200 yuan / kg, terbium oxide slight fluctuations in the past two weeks, the adjustment range of 50-100 yuan / kg, according to Ganzhou some businesses today expressed terbium oxide with tickets currently about 2550 yuan / kg.

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