Most of the rare earth market prices still continued downward trend, according to industry many businesses, said the market outlook remains bearish, prices still continue to believe that downside. Insiders believe that as prices fall, profit compression, illegal operations by private mine operators of small businesses will also be affected, with the further decline in the price outlook, years ago, will increase the probability of the market to stabilize. Another industry suppliers consider constrained by the impact of the global supply volume trends and national policies, the past two years there will not be a big market ups and downs.

For the increasingly lower prices, many companies tucao market too light, almost no demand or enterprise too difficult to survive. Today, cerium, praseodymium, neodymium, europium, terbium, dysprosium, gadolinium and other products have different rate decline, and the short-term may be difficult to climb, the downturn shock situation will continue.

Dysprosium, gadolinium has not stopped falling prices fell slightly, businesses, said the market outlook remains bearish, dysprosium oxide gradually reduced from the current 143, 145 yuan / ton this price to around 140-142 yuan / ton, steady price quote dysprosium iron or continue fell 10,000 yuan / ton. The current gadolinium products such as gadolinium oxide with ticket prices have been approaching 100,000 yuan / ton, a another year low. With the compression of business profits, the market outlook is less space for lower and lower prices of some products, the opportunity to increase the rebound, but still need to be in time, because increased demand is pushing prices have hands.

Praseodymium neodymium products, currently praseodymium neodymium oxide, praseodymium and neodymium metal were slightly down, although prices have dropped, but vendors generally reflect very little turnover. Currently praseodymium neodymium metal band ticket offer has dropped to a low of 380,000 yuan / ton, praseodymium, neodymium with tickets also down about 295,000 yuan / ton. According to Ganzhou supplier represents the actual volume less, the price praseodymium, neodymium metal with no votes 330,000 / ton, praseodymium, neodymium oxide with no votes 258,000 yuan / ton.

 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

At present, Jack Lifton, a consultant on rare earths, has interviewed Ian Chalmers of Alkane Resources. Jack Lifton is a Founding Principal of Technology Metals Research, LLC. He is also a consultant, author, and lecturer on the market fundamentals of the technology metals, the term that he coined to describe those strategic rare metals whose electronic properties make our technological society possible. These include the rare earths, lithium and most of the rare metals. 

Jack Lifton said, he doesn’t include Alkane on any of his lists because he just assume Alkane is a genuine polymetallic producer and since Alkane is not dependent on rare earths. That’s the point, but he looked at a statement on Alkane's website that Alkane will produce 1,200 tons of heavy rare earth mixed concentrate in its total.

Ian Chalmers said, the total is about 1,300 tons of heavy rare earths, of which 900 is yttrium. That is a very significant amount of yttrium. it would be the first commercial yttrium produced outside of China in this century. Ian Chalmers expects to start producing in the end of 2016.

It is reported that Alkane has signed an agrrement with Shin-Etsu. Shin-Etsu is not interested in as you’d expect being a magnet company they have no real interest, Alkane thinks we can sell double that if we produced more yttrium, there’s a couple of interested parties in other countries. Alkane wll certainly produce substantial dysprosium, terbium, gadolinium and all of the other, what Ian Chalmers calls, exotics, right through the whole spectrum.

At present, Texas Rare Earth Resources Inc. is fully operating at a fund-raising issue of $ 1.6 million capital, the funds will be used for metallurgical studies West Texas Rare Earth project. Texas Rare Earth Resources Inc. revised the project plan. According to the revised plan, the rare earth project will be implemented  in phases, of which the mining operations require $ 60 million to 9,000 million, which is much less than the company $ 293 million announced last year.

"We believe this is the world's lowest cost rare earth mining project", said Anthony Parchetti, New Jersey investment banker and Chairman of the Board Texas Rare Earth Inc. when it comes to the phased implementation of the project.

Texas Rare Earth Resources, Inc. has HREO Round Top project in Texas, because of its geological structure and the big difference among other rare earth mines, therefore its capital strength has fallen dramatically. In the prophase work of the project, there will be a heap leaching project, which means that extracting rare earth with acid, then further refine, compared to the traditional pattern of rare earth smelting, this process is likely to become the alternative process. Currently HREO Round Top project is still in the early stages of metallurgical and mining survey and drilling.

Currently increasingly rare mainstream market is still down, some suppliers offer today continued to fall in the price of praseodymium, neodymium, dysprosium, gadolinium oxide and metal.

Praseodymium neodymium metal market, according to the supplier of Ganzhou area with tickets offer has been from 3.9 yuan / ton adjusted to 385,000 yuan / ton, while some businesses are still strong offer in 390,000, and reflect on the market, although there are 38,38.5 million price, but the volume is not. It is now part of the vendor to understand the current praseodymium, neodymium metal with no ticket prices have fallen below 330,000 yuan / ton to 328,000 yuan / ton. Since last week, some businesses to cut prices oxide, praseodymium, neodymium, have some quotes with the fall, according to Shanghai and is currently the supplier of Ganzhou neodymium oxide, praseodymium now mainstream with ticket price of 30 yuan / ton, with no votes is dropped 260,000 and below.

Today's offer has adjusted well as praseodymium, europium oxide, because the market is not good, some businesses have been clearing praseodymium oxide, no quotes or with a ticket price down around 10,000 yuan / ton to 500,000, according to the Shanghai regional traders said currently praseodymium oxide Shen grass with no votes more than 460,000. Europium oxide currently modest price adjustment, a slight concussion, the supplier said that now the actual transaction price is only 2,400 yuan / kg.

Dysprosium, gadolinium products prices due to weak demand, prices are also different ranges of decline. Last week, offer a smooth dysprosium in businesses offer 1.45 million yuan / ton began to move closer to the low range, according to Ganzhou vendors currently offer dysprosium is more concentrated in the 140-143 yuan / ton, the price of dysprosium iron is also a slight adjustment about 10,000 yuan / ton, light metal dysprosium market, prices from September to around 1.95 million with a vote fell to 190-192 yuan / ton. Gadolinium products current price is already the lowest level in 2011 after the historic increase to reflect the situation of gadolinium oxide with votes only 105,000 yuan / ton, the current gadolinium iron with ticket prices are also increasingly becoming reduced to about 115,000 / ton.
 

Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn