WTO Panel Ruled That China's Rare Earth Export Policy Violation Chinese Side Expresses Regret.

March 26, 2014 market price of rare earth products

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March 25 news After an investigation , resulting in one death and three injuries header " 3.21 " and send RE ammonia tank explosion causes, the direct cause of the explosion was caused by the construction workers illegal operation .

At 3:00 p.m. on March 21 , is located in the same district and hair Baotou Rare Earth Co., Ltd. rare plants occur together. " Ammonia tank explosion ," the accident caused one death and three injuries . Currently , the other three in a stable condition .

After the accident, Baotou municipal government instructed relevant departments rushed to the scene promptly dispose of , and the aftermath of the accident investigation have also started. After three days of careful investigation , the initial cause of the accident has been identified , the reason is that companies in the ammonia tank for the ammonia tank replacement inverted tank clean gas concentration monitoring to ensure the safety of the premise, the transformation of the construction workers illegal operation, using acetylene metal cutting gas welding tank top , fire operations , resulting in non- confined ( tank top has open breathing hole ) fixed roof ammonia volatilization of ammonia gas is mixed with air out of the metal in the tank explosion limit is reached, the case of fire explosion.

According to the survey results, in addition to causing illegal construction workers , the cause of this accident, there are business rules and regulations are not perfect, not strict implementation of the system , safety training is not in place , the daily safety management is not in place , the implementation of laws and regulations are not in place , such as indirect causes . Baotou municipal government made ​​clear requirements , will be severely dealt with strictly related enterprises and responsible person.


Rare Earth Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
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Allah Fula Resources Limited announced the results of the review of capital expenditure and operating costs in the northern territory of Australia Nolan rare earths project.

Encouraging capital expenditures decreased by 27 % to 1.408 billion Australian dollars, rare earth oxides are also reduced operating costs AUD 15.67 / kg , equivalent to an annual cost reduction 98 million Australian dollars.

Nolan initial project capital expenditure reached 1.408 billion Australian dollars ( $ 1,263,000,000 ) , including indirect labor costs and 15% for unforeseen expenses . Indirect costs are mainly engineering, procurement and construction management , expert consulting costs and site fees . Capital expenditures do not include $ 197 million in Allah Fula first 10 years was postponed due to delay in approval of the early selective mining operations consumed .

Capital cost estimates for the company based on the results of several engineering organizations summary drawn .

Operating cost of the project is expected to reach REO15.67 AUD / kg ( $ 14.06 / kg ) , based on total annual production by REO is 20,000 tons. Compared with the current cost of production of rare earth has been published outside China , was reduced by approximately 24% , or an annual reduction of 98 million Australian dollars. The key is the reduction of operating costs, in beneficiation efficiency, extraction and separation of rare earths , streamlining the supply chain , but to do better. Operating costs include routine administrative departments , maintenance materials , contractors , supplies, and other maintenance costs .


Rare Earth Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Email:  sales@chinatungsten.com
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