China Rare Earth Export Jumps 31% in August
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- Category: Rare Earth News
- Published on Thursday, 11 September 2014 16:30
- Written by jwy
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Ministry will introduce policies focus on supporting new materials such as rare earth
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- Category: Rare Earth News
- Published on Wednesday, 10 September 2014 16:41
- Written by HJF
- Hits: 2240
According to reports, authorities from approaching the Ministry was informed, carbon fiber, rare earths, refractory metal materials, is expected to become the new material supported by the state, the future of the Ministry will provide key support research supporting policies.
According to the reporter, at present the Ministry is speeding up the pace of major projects, feasibility studies, study the establishment of new materials risk compensation mechanism, improve taxation, finance, insurance and other comprehensive support policy, the formation of policy together to jointly promote the development of new materials industries. According to the plan, the Ministry of Industry and strive through about a decade of efforts to accelerate including new material industry, including key development areas, to promote China as a whole has entered the ranks of the world's manufacturing powerhouse.
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Japan and India will jointly develop rare earth to get rid of dependence on China
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- Category: Rare Earth News
- Published on Tuesday, 09 September 2014 17:40
- Written by HJF
- Hits: 2488
According to the Nihon Keizai Shimbun reported Thursday, Japan and India next week will reach a plan to jointly develop rare earth, which will begin in Japan since 2015 imports of rare earths from India. Currently, Japan is trying to get rid of dependence on Chinese rare earths.
Reported that Japanese Prime Minister Shinzo Abe and Indian Prime Minister Modi, next week will reach a common production plan at the Tokyo summit. Reported unspecified sources.
Reported that a wholly owned subsidiary of India's Department of Atomic Energy - India signed a joint production of rare earths will be the first agreement with Toyota Tsusho Corporation in September.
According to the report, the Indian company from uranium and thorium ore production of mixed rare earth materials, the use of Toyota Tsusho production of electric and hybrid vehicles required for rare earth materials neodymium, lanthanum, cerium and praseodymium and other rare earth materials.
The report also said, the annual output of between 2,000-2,300 tonnes, representing approximately 15% of demand in Japan, the first since the beginning of February next year, exports to Japan annually about 2,000 tons.
Toyota Tsusho's spokesman said the company is checking this story.
Chinese rare earth production accounts for 90% of the world. Despite Japan's attempts to diversify sources of supply, but the current production of electronics, magnets and clean technology are still needed vast majority of rare earth from China.
This month China at the World Trade Organization (WTO) case of rare earth export restrictions in losing, was instructed to cancel strict rare earth export quotas. The case was brought by the United States, the European Union and Japan.
India hopes among Japan's Prime Minister Modi's visit to get support for a nuclear agreement and its huge market to attract investment.
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Rare Earth Metals Extraction from the Sea Floor Gets Easier
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- Category: Rare Earth News
- Published on Wednesday, 10 September 2014 15:26
- Written by jwy
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Japan to promote the rare earth supply security schemes to reduce dependence on China Rare Earth
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- Category: Rare Earth News
- Published on Friday, 05 September 2014 16:10
- Written by HJF
- Hits: 2090
It is reported that Japan is promoting a rare earth supply security plan, hope that within four years, at least 60 percent of domestic demand rely on rare earth supply outside China. Rare is an important raw material production of smart phones, computers and cars, the Japanese want to reduce dependence on rare earth supply China's largest producer.
Japan hopes the first of this month signed an agreement to purchase four light rare earths from India; also as a rare earth mine in Australia and the Australian Lynas plant in Malaysia established to provide the financing.
Japan plans to protect the rare earth supply also created a joint venture in Kazakhstan, recycling batteries and engine rare earth magnet, even in the Pacific seabed exploration of rare earth resources.
And India agreement will be able to meet 15% of demand in Japan. According to the Japanese demand and growth data provided a rare trader estimates, according to the agreement if Lynas can increase production to 2018 Japan is expected to meet the needs of more than 60% of rare earths by China outside.
China's rare earth production currently accounts for about 90 percent of global production. Japanese purchases of rare earth almost all directly or indirectly from China.
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