Ministry of Finance, the Ministry of Industry and Information Technology issued "State of Things and the rare earth industry development grant fund management approach" (hereinafter referred to as the "Rules"), in which the rare earth industry to make new grant funds management regulations.

"Measures" clearly, the rare earth industry grant funds (hereinafter referred to as the grant funds) by the central budget, special funds for the rare earth industry, technological innovation and industrial development and other aspects of health. The main support for the rare earth industry subsidies: one rare earth resource exploitation supervision. Support of the local government for the protection of rare earth resources, mining remediation order monitoring system construction project implementation, including supervision of infrastructure projects and construction projects, such as electronic monitoring system. Second, the rare earth mining, smelting and environmental protection technology. Support existing businesses on the rare earth mining, smelting production systems and environmental systems cleaner production transformation, achieve national environmental laws and regulations. Third rare common key technologies and standards development. Support for green, efficient rare earth mining and common key technologies and standards development, mining and production technology to establish norms and standards. Support the implementation of low-power, low emission, clean and efficient smelting key technology research and development. Support terbium, dysprosium and other rare elements of applied technology and reduction of lanthanum, cerium, yttrium high abundances of elements applied technology research and development. Support scrap rare earth materials and rare earth application devices clean and efficient secondary resources recycling technology research and development. Fourth, high-end applications of rare earth technology development and industrialization. Support with independent intellectual property rights, related technical indicators have reached the international advanced level of high-performance rare earth magnetic materials, luminescent materials, hydrogen storage materials, catalytic materials, polishing materials, advanced ceramic materials, artificial crystal materials, additives and other rare earth rare earth functional materials and devices technology development and industrialization. Support research and development of high stability, high consistency of rare earth materials preparation technology and special equipment. Fifth, public technical service platform. Support qualified enterprises to establish a high-end rare earth rare earth materials and devices research and development in the test base, establish and improve the overall performance of rare earth materials testing, evaluation and application of technical standards.

"Measures" clearly, the use of grant funds to support the rare earth industry Yijiangdaibu and free financing methods. One of the rare earth mining has been completed overall supervision of the construction of the local government system to give a one-time bonus, incentive payments are generally not exceed 20% of the actual investment. Actual investment projects include the actual investment in infrastructure and regulatory equipment purchase. Second, the State Environmental Protection have been verified by rare earth mining, smelting enterprises, according to the Ministry of Industry and Information Technology of rare earth enterprises access bulletin business productivity to be approved one-time award, the award criteria: mining mining 1000 yuan / ton (by rare earth oxide REO matter basis), smelting separation 1500 yuan / ton (REO meter by rare earth oxides), metal smelting 500 yuan / ton. Third, the rare-earth common key technologies and standards development and application of high-technology research and development projects, take free financing methods. Generally free financing does not exceed 40% of the amount of the cost of research and development projects. Annual support individual projects not exceeding 10 million yuan. Fourth, the application of rare earth high technology industrialization projects, take free financing methods. Generally free financing amount not exceeding 20% in the previous budget year, a year business investment. Annual support individual projects not exceeding 50 million yuan. Fifth, public technical service platform construction project to take free financing methods. Generally free financing does not exceed 40% of the amount of the budget year on year business investment. Sixth, in addition to the regulatory system construction and environmental transformation of incentive funds, the rest of the year project funding applications can be divided.


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Ministry of Industry and the Ministry of Finance jointly issued a "State of Things and the rare earth industry development grant fund management approach", will provide funds to support the regulatory rare earth mining, rare earth and other high-end applications, in accordance with the above approach, through the environmental review of the rare earth mining companies approved capacity to give a one-time bonus, which mines mining 1,000 yuan / ton, smelting separation 1,500 yuan / ton, metal smelting 500 yuan / ton, which for by environmental verification, capacity larger enterprises is undoubtedly positive.

According to this approach, the state mining of rare earth resources will be regulated, rare earth mining, smelting and environmental protection technology, rare earth common key technologies and standards development, technology development and application of rare earth high-end industrial and public technical service platform to support the construction of five aspects. To get this rare special funds to support, need to have legal qualifications and the corresponding qualification certificate and comply with "rare earth industry access" requirements and environmental requirements. In August 2012, the Ministry issued a "rare earth industry access", in the establishment and distribution, energy consumption and environmental protection projects on the rare earth industry access to explicit provisions.

Reward for the rare earth industry regulations, the use of grant funds to support the rare earth industry Yijiangdaibu and free financing methods, including rare earth mining supervision of local government to give one-time award of rare earth construction, technology research and development of rare earth and critical high-end applications to take unpaid funding formula for public technical service platform project to take free financing methods.

Which have been verified by the State Environmental Protection rare earth mining, smelting enterprises, according to the Ministry of Industry and Information Technology of rare earth enterprises access bulletin business productivity to be approved one-time award, the award criteria for the mine mining 1,000 yuan / ton (by rare earth oxide REO matter basis), smelting separation 1500 yuan / ton (REO meter by rare earth oxides), metal smelting 500 yuan / ton.


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Monday rare earth market is still stable main business continuity weekend offer, individual industry suppliers, said the new round of rally or from the beginning of this week. Other rare earths traders also reflected "a little movement, signs of increased market hunters, receipt of more", but prices rose temporarily obvious. The current state of integration of the rare earth market to further promote and strengthen purchasing and storage research on the rare earth market stabilized stabilized or rebound is good news. Rare spot market prices basically does not appear to continue to be supported temporarily fell sharply today, with some suppliers, according to understand, praseodymium, neodymium, dysprosium iron, gadolinium iron prices has basically been stable, Ganzhou today a supplier of metal praseodymium neodymium offer is still 38.5 yuan / ton, dysprosium iron is 146 yuan / ton, gadolinium iron 130,000 yuan / ton, unchanged from the previous weekend.

Today quoted Baotou Rare Earth oxides Exchange were mixed, volatility is not large, last week have been reduced volatility larger europium oxide, lutetium oxide, dysprosium and other products price volatility. As of 14:20, the three price was 3,570 yuan / kg, 8,200 yuan / kg, 1,570 yuan / kg, relative to the spot market price is still higher than many. Today Bo suppliers dysprosia average tax price is only 1,425 yuan / kg, the price fell by 6 yuan / kg.


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Recently, the Ministry of Finance published a website written in late May "on the issuance of" State of Things development of rare earth industry subsidies and capital management approach "notice" (hereinafter referred to as "Notice").

Notice that the grant funds from the central budget, the Ministry of Finance, the Ministry of division of labor, co-management. Among them, the rare earth industry uses Yijiangdaibu and free financing methods.

By project nature of view:

First, the whole has completed the construction of the rare earth mining regulatory system of local government to give a one-time bonus, incentive payments are generally not exceed 20% of the actual investment. Actual investment projects include the actual investment in infrastructure and regulatory equipment purchase, but does not include routine vehicle purchase costs and system operation and maintenance costs.

Second, the State Environmental Protection has passed the verification of rare earth mining, smelting enterprises, according to the Ministry of Industry and Information Technology of rare earth enterprises access bulletin business productivity to be approved one-time award, the award criteria: mining mining 1000 yuan / ton (by rare earth oxide REO matter basis), smelting separation 1500 yuan / ton (REO meter by rare earth oxides), metal smelting 500 yuan / ton.

Third, the rare-earth common key technologies and standards development and application of high-technology research and development projects, take free financing methods. Free financing limits, generally no more than 40% of the project development costs. Annual support individual projects not exceeding 10 million yuan.

Fourth, the rare high-end application technology industrialization projects, take free financing methods. Free financing amount, usually no more than 20% of the budget year on year business investment. Annual support individual projects not exceeding 50 million yuan.

Fifth, public technical service platform construction projects, take free financing methods. Free financing amount, usually no more than 40% of the budget year on year business investment.

In addition to the reporting requirements of eligibility for domestic independent enterprise, a sound financial system, nearly three years were not illegal punishment, "notice" also stipulates that enterprises should comply with the relevant application of rare earth "rare earth industry access" and national environmental legal requirements.

This reflects the Chinese government departments to deal with the conversion policy on rare earth issues, avoiding WTO litigation while continuing the implementation of the rare earth industry, environmental protection, industrial upgrading, mining restrictions and other requirements, but the way of punishing illegal enterprise, into Reward advanced enterprises and regions.

Prior to the ruling of the WTO lawsuit against rare, but was sentenced to illegal export quotas, but exacerbated by the government's determination to strictly control the mining source. Visible, subsidies for all rare earth projects are compliant companies, domestic independent enterprise, which means that a large group of rare earth industry as a whole to go in the direction of change from the "notice", but through formal concentration of mining companies will be mastered, may this is a more loosely export quota management more effective way.

Meanwhile, the "notice" for rare earth downstream also set up a special development standards, intended to expand the domestic market of rare earth products, in order to gradually reverse the current "import processing, export of raw materials" Guimai sale of rare earth trade patterns.


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