Handshake world-class rare earth ore company in Australia
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- Category: Rare Earth News
- Published on Tuesday, 25 March 2014 11:04
- Written by HJF
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According to Australian media, ferret.com reported today, Australian listed companies Greenland Minerals and Energy company (Greenland Minerals and Energy) and the medium (000758 SZ) signed a memorandum of cooperation, plans to jointly promote kovalainen bay (Kvanefjeld) in mining project.
The news to stimulate, Australian company open jump empty time Greenland minerals and energy rose 24.14% to c $0.18 a share, is still maintain rose pattern, the c $0.175 per share, up 20.69%.
Greenland minerals and energy company said, before signing the memorandum of three years' time, the two sides held several meetings, and the technical due diligence. The cooperation memorandum reports are true, but the capability of the memo is unconstrained shares at the announcement standard has not been achieved, the specific cooperation or not there is a big uncertainty.
According to the report, the two sides will make use of the rare earth separation medium shares experience and ability to work together to Mr Bay project in the mining of rare earth concentrate, and establish a vertically integrated rare earth supply chain. According to the report, the two sides of the plan is in the feasibility study phase, expected later this year will enter the stage. At stake in equities, officials said, there are substantial progress will be announced in a timely manner.
In 2007, according to public information, Australia's mineral exploration and development company, acquired Kvanefjeld Greenland minerals and energy co., LTD, the company believes the flagship project of Greenland minerals - Kvanefjeld is more than one element deposits, by focusing on the exploration, the rapid growth of the amount of ore, the mine is expected to become one of the world's largest rare earth and uranium. Estimate the value of 20% of the mineral resources of minerals for uranium, 75% of the value of the mineral neodymium, lanthanum, cerium, praseodymium, terbium and dysprosium, yttrium and gadolinium, etc., there are about 5% of the mineral resources value of sodium fluoride. Greenland minerals and energy department believes that its Kvanefjeld project can produce 20% of the world's supply of rare earth resources.
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Baotou Steel Rare Earth subsidiary explosion one death and three injuries, this is not trivial announcement
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- Category: Rare Earth News
- Published on Tuesday, 25 March 2014 11:01
- Written by HJF
- Hits: 1605
Represented by the CSRC, exchange regulator, to the corporate governance of listed companies have set up strict regulations, in recent years, is to jolt the various violation behavior of listed companies. However, under the profit-driven, many listed companies still one thousand party hundreds of laws and regulations to play "ball". "Often walk along the river bank, which, of course, can't wet shoes", there are always some listed companies finally also stage "hand" will be caught, have to face the punishment from the laws and regulations.
To this, legal experts say, this is a big listed company should notice.
At a news conference on the afternoon of March 21,, the CSRC, release the pilot measures for the administration of preferred stock, provisions of common stock for the Shanghai 50 index of listed companies
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Xinfeng County Magistrate Huang Hui research to guide the management of rare earth resources
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- Category: Rare Earth News
- Published on Monday, 24 March 2014 13:36
- Written by HJF
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On the morning of March 19, xinfeng county government Huang Hui in-depth jiading dragon tongue paulownia disused mine environmental recovery governance wuhushan lung chau and transformation of remnant ore recovery point, exploitation of mines and little village for the highway constructed over rare earths recovery mines, research work and organize a symposium of the rare-earth industry. Deputy county magistrate Wang Xiaosheng accompanied by research.
Huang Hui pointed out that to strictly regulate the mining order, strengthening measures, supervision in place; Strengthen the marketing, effective; Coordinate docking, strive for the support; To turn resource advantage into economic advantage, strong letter feng county economy.
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Rare steady weakening market, Jiangxi dilute Association ore price cut
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- Category: Rare Earth News
- Published on Monday, 24 March 2014 15:11
- Written by HJF
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Monday most rare earth products market prices remain stable , the trend of the market outlook , industry manufacturers have said that before a big margin down praseodymium , neodymium , dysprosium products may continue to fall , but market fluctuations are normal , there will be up and down .
Oxide markets, neodymium oxide recent business reflects a slight increase in inquiries , but the low purchase price , the market vendors to accept shipments basic price of 325,000 yuan / ton , nearly a week price changes are not large . There Ganzhou traders said the relative neodymium oxide , erbium oxide fewer inquiries situation demands deserted , erbium oxide prices have been nearly a week at around 33-33.5 yuan / ton. The same price as smooth grass Shen praseodymium oxide , the current price is still 58-59 yuan / ton, not market movements .
Praseodymium , neodymium market, prices were relatively stable up metal prices remained at around 415,000 , Ganzhou manufacturers have said the recent no -adjusted prices, have not heard of cases below 41 million / ton traded on the market , short-term the prices underpowered . There are other businesses hold a positive market outlook is expected that in the second quarter and June market will pick up possible.
Ganzhou Rare Earth Industry Association recently released ionic rare earth ore price , lower than the February March mines have different degrees of decline . In addition to low xunwu low yttrium europium ore prices since January this year has been not changed, the other rich in yttrium- europium ore price is not adjusted in January and February , March fell 20,000 yuan / ton , Long An South High xenotime and far higher 1.2 months yttrium ore prices did not move , in March fell by 10,000 yuan / ton and 20,000 yuan / ton, down ore prices further validates the recent downturn in the rare earth market trend, the short-term outlook also reflects the price of rare earth smelting and separation products may be more difficult rose sharply.
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WTO review of China's rare earth export restrictions for two years, Japanese media said it would judge violations
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- Category: Rare Earth News
- Published on Monday, 24 March 2014 11:54
- Written by HJF
- Hits: 1004
Foreign media said the review of the export of China's restrictions on rare earth and other mineral resources in the World Trade Organization (WTO) dispute settlement panel , the oldest accredited United States and Europe will announce the contents of the report indicted in March 24 .
According to "Japanese Economic News" reported on March 20 , at which time , WTO will require China revoked export restrictions . After two years of deliberation , the rare earth issue between Japan and China will usher in a node.
Dispute settlement panel of the court ruled that the equivalent of " first instance " , China is expected within 60 days to the equivalent of " final " appeal of high-level experts . In principle, the Senior Experts Group after 90 days of deliberations , will be concluded in the summer , but the possibility of subversion dispute settlement panel is generally low .
Japan, the U.S. and the EU in March 2012 to restrict Chinese rare earths , tungsten and molybdenum export in violation of the WTO Agreement sue the WTO. Dispute settlement panel to start the trial.
WTO Agreement , unless it is to protect natural resources , restrict exports is prohibited . Report of the Expert Group that " if the purpose is to protect the resource , should be taken to limit domestic production and other alternative countermeasures ." China is expected to be considered limiting exports so that the domestic industry was preferential treatment.
WTO Agreement , unless it is to protect the environment, or to prohibit the imposition of export duties. The report is expected to be made , " said China does not impose export tariffs in order to protect the environment ," the judge .
China began in 1999 to restrict the export of rare earth , from the East China Sea after collision began in 2010 significantly reduced the export volume . After each REE 2006 levied a 5 % to 25 % export tariff .
China 's rare earth export restrictions affected ,2010- 2011 price of rare earth spikes . Japanese companies cut usage of technology is becoming popular. Prior to Japan more than 80% of the rare earths are imported from China , has now dropped to around 60%. However, some raw materials , such as dysprosium still have to rely on China .
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