U.S. FCC catalyst manufacturers, said a lot of their annual procurement of Lanthanum for the petrochemical industry.

An industry source said these manufacturers have been in the procurement and purchases are very large, the amount is expected to be stored for a year.

They reason for this is that the bulk purchase price is more appropriate at present, but also worried about the future prices continue to fluctuate, but also walk the high trend.

Australian rare earth producer Lynas Corporation earlier this year, says FCC catalyst industry demand is very strong and is expected to lanthanum demand in 2020 will grow by 4% annually.

Other industry insiders also said the industry needs FCC catalysts has been increasing, part of the United States who will be attributed to the gradual improvement in economic conditions.

An American manufacturer of FCC catalysts Grace (WRGrace) in July 23 announced second quarter report that sales of catalyst technology sector grew 9%. And in the FCC catalyst sales, maintaining 10% growth sustained growth.

In the UK metal mesh previous reports, the first half of 2014 the export volume of lanthanum oxide was 5798 tons, an increase of 35%. Increase is mainly due to the growing demand for FCC industry.

But there are also people in the industry said that with heavy crude oil refining gasoline and other petrochemical products increasing demand, China's domestic demand for rare earth lanthanum is also increasing.

U.S. low-grade 2N lanthanum oxide prices in the $ 5.00-5.50 / kg, the price steady. 5N high-grade lanthanum oxide, associated with the FCC catalyst application is tight, it is learned in the recent price of $ 10-12 / kg.


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According to reports, India's state-owned enterprise executives recently said that the Indian government is entrusted to a factory of 5,000 tonnes per year of rare earth production tasks. Thus, India is expected to achieve total global rare earth production accounts for 5% of the share. Despite India's production is not high, but for Japan and other countries, but it is good news.

India's Department of Atomic Energy is part of state-owned enterprises & mdash; & mdash;?? Indian Rare Earth RE department head S Zulia Kumar (S.SuryaKumar), said the plant will be located in India Bangaoli Sabangfrom beach sand through processing monazite soil to produce rare earth oxides. Production of rare earth in about half will be used for processing into lanthanum and cerium. These two elements are mainly used in the manufacture camera lens and glass polishing agent.

Kumar also said that Indian Rare Earth Company and Toyota Tsusho Corporation's Indian subsidiary abundance of rare earths have agreed to pass the two sides will work together to share the production of 5,000 tons of rare earth.

Japanese Economic News recently reported that Indian Prime Minister Modi (NarendraModi) will soon visit Japan, India is expected rare earth companies will be jointly produced with Toyota Tsusho on the issue of mixed rare earth sign a further agreement.

RE known as & ldquo; industrial vitamins & rdquo; reputation, has become an extremely important strategic resource, which in the field of petroleum, chemical, metallurgy, textiles, ceramics, glass, permanent magnet materials play an important role. REE oxides refers to the periodic table with atomic numbers 15 kinds of lanthanide oxide 57-71, and lanthanide oxides with similar chemical properties of scandium and yttrium total of 17 kinds of elements. With the continuous advancement of technology and breakthroughs in the application of technology, the value of rare earth oxides will be increasing.

According to RE ownership (including ore and semi-processed products), China, Russia, the United States, Australia is the world's rare earth has four major countries, China ranked first, accounted for 90 percent of the global total.


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