Rare stable prices, turnover bleak
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- Category: Rare Earth News
- Published on Thursday, 24 April 2014 17:11
- Written by HJF
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Today, the rare earth market is still deserted , vendors reflect now on the market , many manufacturers on the upside as long as the ship , some businesses because of shortage of funds will be the amount of some goods, we hope up mentality heavier, but the market is still light.
Europium, terbium oxide market, today there is a small amount of traders are now stocking reflect only the occasional , less the lowest bidder, the price of europium oxide is about 3900 yuan / kg , terbium oxide market is relatively stable , the current basic price unchanged from last week .
Neodymium, erbium oxide market , comprehensive market feedback, and now the price is consistent with last week , and because business is bad, there is no actual turnover of some businesses , it is not nearly two weeks to price changes , according to a trader Ganzhou said now neodymium oxide and erbium oxide price is around 33 yuan / ton , and the other represents the mainstream , according to other suppliers prices are 325,000 yuan / ton.
As of 14:00 today , Baotou Rare Earth Stock Exchange on the trading platform in addition to lutetium, yttrium oxide prices decreased slightly, other product prices displayed as rise slightly. The price of neodymium oxide is shown as 370 yuan / kg, sold in more than 1 ton , erbium oxide price 401 yuan / kg, just over 900 kg volume .
Praseodymium , neodymium market today , according to some suppliers reflect prices have been steady this week , they will not have a significant adjustment in the week , although the market bias deserted , and will not cut prices to ship late this business forecasts as the government sector management strengthening, such as praseodymium , neodymium demand a relatively large price still up space.
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Japan wishes to appeal WTO ore export ban violations in Indonesia, China no plan to follow
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- Category: Rare Earth News
- Published on Thursday, 24 April 2014 17:09
- Written by HJF
- Hits: 1725
Just win in WTO litigation in China's rare earth to Japan, this time targeting the Indonesian nickel ore Deal. According to Japanese media reports, the Japanese government 22, said the New Deal for Indonesia to limit ore exports , the Japanese side will be the World Trade Organization (WTO) complaint.
Indonesia has developed a new " mineral and coal mining law " in 2009 , the implementation of the Act since January 2014 . New mines law, five years after the mining companies will not allow any metal exports of metal ores, can only be re-exported in the domestic processing and refining . This means that Indonesia is a total ban on the export of ore exports, especially exports to be allowed , such as copper and iron ore export tariffs must pay . Japan more than four percent of nickel ore imports from Indonesia.
Beginning this year in January , Indonesia banned the export of nickel ore , lead to international nickel prices rose nearly 40 %. Analysts believe that the direction of WTO complaint date , cause or nickel prices rose too much .
To stabilize the supply of resources , Japan has launched a similar international litigation . 2011 , rare earth prices soared straight up several times . In 2012, the United States , Japan and Europe officially filed a lawsuit against China to the WTO rare earths , tungsten, molybdenum export quota system . In March this year , WTO ruling, China export management measures described above irregularities .
For Japan, the complaint position, Indonesia did not back down. 21, an Indonesian official said, "We will strive in the WTO in the end ."
Japan once to sue the Indonesian Mining Deal WTO is not a winner ? China rare earth industry expert said reports from the point of view expressed , Indonesia , Japan , if sued on the grounds that the Indonesian ore export restrictions ; But China is China's cause of action for rare metals export tariffs, quotas and other management measures do not meet the WTO when provisions of the relevant commitments , and therefore they can not be compared.
Statistics show that a large amount of mineral Nickel Indonesia each year about 15 % of the global total. The experts believe that the Indonesian nickel ore reserves in the global supply prominently , if indeed not appropriate for the sudden break .
Foreign Trade University, China WTO Research Institute Tu Xinquan believe that Indonesia Deal with China to limit exports of rare earth ore export quotas similar , in accordance with WTO rules , restrictions ore export is illegal .
Like Japan , China 's dependence on nickel mine in Indonesia is very high . China will not follow the Japanese approach to the WTO sue Indonesia ? Reporters from people close to policy makers officer that China no action ; and Government approved the establishment of the ore processing plant in Indonesia investment approach over the past few years , China has invested enterprises to set up factories .
As the market price of nickel ore concern , the Shanghai Metals nickel industry analyst Wang Haoyang believe that litigation lasted longer , nickel ore prices by market supply and demand for more short-term impact .
Yesterday , the international nickel prices jumped 0.75 percent . Market sentiment very reluctant sellers , traders speculative activity, manufacturers cut production to deal with a possible shortage of raw materials .
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"National Rare Earth Permanent Magnet Motor Engineering Technology Research Center R & D center in Yiwu," the official unveiling
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- Category: Rare Earth News
- Published on Thursday, 24 April 2014 16:29
- Written by HJF
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April 18 morning, " National Rare Earth Permanent Magnet Motor Engineering Technology Research Center R & D center in Yiwu ," the official unveiling , Chinese Academy of Engineering, director of the National Rare Earth Permanent Magnet Motor Engineering Research Center Tang Ren Yuan and the team will develop research and development center in Yiwu rare earth permanent magnet motor and control system of energy-saving cutting-edge technology to provide protection and sustainable development .
Currently, the policy response to the call of Yiwu Industrial Park , the site is located in the Park , the park became the beneficiary enterprises " Zhejiang return" project. Leveraging the establishment of a national rare earth permanent magnet electrical engineering technology research center R & D center in Yiwu , while the strong support of the city under CAST , preparations are in full swing academicians and experts workstations. It is understood that , at present , Yiwu has successfully built the Central Hospital of Yiwu , Yiwu City Survey and Design Institute , Zhejiang Senyu Industrial Co., Ltd. , Yiwu Industrial and Commercial College , Zhejiang Di Yuan Instrument Co., Ltd. 5 academician expert workstation for business units in terms of production technology, scientific guidance, academic exchanges , discipline construction, talent training played a positive role .
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Residents expressed concern about the exploitation of rare earth resources
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- Category: Rare Earth News
- Published on Thursday, 24 April 2014 16:31
- Written by HJF
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Last weekend reported that residents living near the Wyoming water quality, dust control, and radioactive minerals region expressed concern because the company plans rare element resources in the area in the vicinity of rare earth ore mined .
The mine is located in Wyoming , " Sun Dance" Northeast, about 6 air miles , will cover the Black Hills National Forest Park, an area of about 1700 acres . The project is about 640 acres of private land surrounded by forest . The mine is expected to be mined for 43 years .
A sun dance of Indigenous Peoples Randy Leinen said: " I am not against this project, but if they develop , and I hope they do the right thing ."
Leinen go along with the others , they are worried about radioactive dust and water . Is a byproduct of radioactive dust that may be generated during processing of rare earth elements .
He said: " The last thing we want to do is become a second Pavillion, in Fremont County, water quality problems have occurred , when the Environmental Protection Agency considers oil drilling and fracking near about ."
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"Rare event" indicates that the rule should not be confused with feelings
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- Category: Rare Earth News
- Published on Thursday, 24 April 2014 16:26
- Written by HJF
- Hits: 1614
March 26 WTO panel ruled that China violated WTO rules on export quotas and tax aspects and violate WTO commitments. Country on April 17 to appeal to the WTO Dispute Settlement Body .
China appeals on the case , not merely for that attitude , but also should make every effort to argue. It should be noted , quotas and taxes are to protect our rare earth resources, protecting the environment an integral part of a comprehensive set of measures , and achieved good results. In addition, valuable heavy rare earth resources, especially rare earth resources , not only China , but also the world. Rare efficient use and sustainable development is the common responsibility of all countries , rare earth consuming countries to give full understanding and cooperation. But regardless of the outcome of the appeal , this event will have the rare earth industry in China , especially impact on the adjustment of the export of rare earth management style .
Senior Fellow Renhao Ning believes that " rare event " indicates feelings should not be confused with the rules , even though Chinese exports of rare earths to take measures to compress purpose is to protect the environment, conserve resources, protect the healthy development of industry , exports and tax policy is clearly associated with the WTO principles of conflict is inevitable losing the first round , many people in the industry start of the event would have been expected to result. China's rare earth industry for domestic enterprises ' self-sacrifice , as the world's " very critical approach , firmly believes that if this situation will certainly not be reversed consume a lot of rare earth resources in the coming years , in terms of these allegations from the emotional nature can stand maintained feet, while international trade, international competition is supposed to be the game rules , laws and regulations, will confuse the two companies not only do not help solve the problem, but may stimulate unnecessary resentment .
" rare event " once again shows that our understanding of the WTO rules of the game too , able to skillfully use the success stories are few and far , to make international lawsuit requires professional international trade professionals and legal professionals , government departments, corporate level , public media , the general public can play a role is relatively weak, protests and indignation can not solve any problems as soon as possible to master all WTO rules , the use of skills, core essentials is the key, the only way to face a similar incident when our will ease.
In fact , the industry need not overreacting to the event , can not effectively evade surveillance by other countries and with the tax , but the domestic enterprises to " knife " can effectively solve this problem. Mergers and acquisitions, to combat smuggling , strict environmental labeling, accelerate industrial upgrading , improve the industrial chain initiatives can achieve good results, and at the national level have been doing this work , rare earth giant at the core of the company will become the industry leader, industry enhance the concentration of rare earth primary products inevitably reduce the number of outward flow . Coupled with state- of rare earth giant " understanding" and ability to execute on a strong national policy than many small and medium enterprises , scattered, small , chaotic situation will be effectively addressed.
" rare event " fermentation process, the level of China's foreign 've lost the initiative, part of the appeal just to fight for breathing space , internal work is most important. After all , China's rare earth industry is unable to determine the overall demand , but the supply of the domestic industry, but can be adjusted by covert policy , many " smart measures " iron ore giants , oil giant is worth learning from.
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