Longyan rare earth industrial park project in full swing

In recent days, Fujian ( Longyan ) rare earth industrial park standard factory lights, just introduced in March this year in Taizhou, Zhejiang Cheng Magnet Co., Ltd. invested 50 million yuan mass production of NdFeB magnets deep processing projects , working overtime for production equipment the commissioning is expected to be formally put into production this month .

Since last year, Fujian ( Longyan ) Rare Earth Rare Earth Industrial Park to strengthen the application of technology investment in developed countries and regions , focusing on the introduction of large projects to expand the industrial chain extension , a good project , and processed for Shanghai , Zhejiang , Guangdong and other places of rare earth deep Fuan large enterprises stagnation targeted investment to improve the effectiveness. Currently, the park introduced a total contracted 16 projects , of which 14 projects have landed a total investment of 3.964 billion yuan , the production can be expected to achieve an annual output value of 8.0 billion yuan; talking about projects include a total investment of 1.176 billion yuan in the oil , with an annual 50,000 tons of rare earth petroleum cracking catalyst projects.


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Rare dispute will impact on China's rare earth industry

China appeals on the case , not merely for that attitude , but also should make every effort to argue. It should be noted , quotas and taxes are to protect our rare earth resources, protecting the environment an integral part of a comprehensive set of measures , and achieved good results. In addition, valuable heavy rare earth resources, especially rare earth resources , not only China , but also the world. Rare efficient use and sustainable development is the common responsibility of all countries , rare earth consuming countries to give full understanding and cooperation.

But regardless of the outcome of the appeal , this event will have the rare earth industry in China , especially impact on the adjustment of the export of rare earth management style .

China formally joined the WTO in 2001 , when the WTO since made ​​a pass , naturally we must do as the Romans , to be bound by the rules of the WTO . In accordance with its WTO commitments , China on 84 tariff lines may impose export tariffs , and rare earths , molybdenum , and other related products are not among these 84 tariff lines , tungsten products is only one tariff included. Tariffs and Trade (GATT) Article 20 involving exhaustible natural resources exceptions , that is, if a country faced with the depletion of resources , you can use to set export quotas to be protected , and thus control the exploitation , to extend the useful lives , but at the same time to reduce domestic consumption . China nearly two years, citing the terms of the complaint , but did not support the Panel and Appellate Body .

Some people say , WTO rules on a number of natural resource extraction and export of resources in favor of consuming countries ( mainly developed ) . Once a country's resources to be mined , it is necessary to meet the nations kept export demand and relatively low processing efficiency of resource exports and resource -consuming countries obtained , there is a serious interest asymmetry, uneven. But rules are rules , they must abide by the rules once developed .

The Chinese domestic industry appeal will win a grace period , we should seize the time judged the impact of this initiative on China's rare earth industry and export management brings, and the situation as soon as possible to consider appropriate new rare earth export management. Over the years we have rare earth production and export management experience and lessons from abroad should also be well-established practice in this regard . There is such a saying that " China will buy what you sell what it cheaper ." Here there must be changes in the international market, the law of supply and demand , effective coordination of foreign suppliers , and we import and export management , bargaining power industry as a whole and industry self-regulation , such as deep-seated reasons , worthy of serious analysis and find ways to cope .

Currently before us it is important to quotas , de rare earth export tariff of how management issues . Rare earth industry is not large, but the complexity and difficulty of managing all to see. Future must be long-term perspective , considering the whole industry chain from Rare to prevent over-exploitation and excessive smelting, high-pressure situation against illegal mining and smelting , resolutely implement the protection of resources and the environment , restoration ecology and a series of policies and regulations , improve industrial concentration, severe combat smuggling . In this way , based on the establishment of rare earth export management.

More attention should be paid is that a lot of high-tech products, particularly important is the required manufacturing parts, components have to use rare earth oxides, metals or rare earth materials, but we still can not produce , or are still samples and small scale production stage , will require a lot of imports from developed countries, and is severely counter . To this end, China will make the rare earth deep processing , especially the use of rare earth raw materials to produce high-tech, high value-added products as a top priority .

Rare earth raw materials and processed products wind power, new energy vehicles, rail transportation , new electric light, the automobile exhaust has an important role , as well as possible by the strong development of solar power generation , marine engineering , cloud computing, controlled nuclear fusion , laser device , biotechnology, energy saving materials and equipment have to look forward to new applications. Only high-end applications up, we can put the resource advantages into economic advantages , from a " rare big country " to " rare earth power " changes. We have to build the future together diverse countries in the world , sustainable use of the world's rare earth supply system, to jointly develop high-end applications of rare earth , rare earth and better for the benefit of all mankind .


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April 23, 2014 Market Price of Rare Earth

Rare earth prices mainly weak , lanthanum , cerium , dysprosium europium slightly lower . Downstream market continued demand for light phosphor , europium , yttrium prices were slightly Yindie ; downstream polishing powder industry continuing weakness , lanthanum , cerium prices continue to weaken ; other rare earth oxides and metals mainly steady .

Praseodymium oxide mainstream manufacturers tax price 570,000-580,000 yuan / ton. Neodymium oxide 310,000-320,000 yuan / ton.

Dysprosium oxide mainstream manufacturers tax 163-165 yuan / ton, dysprosium iron mainstream manufacturers tax price 168-170 yuan / ton.

Lanthanum oxide manufacturers tax price 19,000-20,000 yuan / ton. Cerium oxide mainstream manufacturers tax price 20,000-21,000 yuan / ton.

Neodymium oxide, praseodymium mainstream manufacturers tax price 315,000-325,000 yuan / ton , praseodymium , neodymium metal mainstream manufacturers tax price 410,000-420,000 yuan / ton.

Fluorescent europium oxide mainstream manufacturers tax price 3,950-4,050 yuan / kg. Terbium oxide phosphor grade mainstream manufacturers tax price 3,000-3,200 yuan / kg.


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Eurasian Economic Commission will be part of the implementation of zero tariff import rare earth metals

Russian customs online website reported on April 22 , the Eurasian Economic Commission Council decided on pure form , and mixed forms of rare earth metals , scandium and yttrium , temporary implementation of zero import tariffs. These metals are used to obtain ultra-hard material.

Eurasian Economic Commission informed the implementation of zero tariff from 1 May 2014 to 30 April 2015 .

Trade ministers of the Eurasian Economic Commission Andrei ?J Leo Puni AF believes that this measure is intended to reduce the shortage of the Customs Union member states market scandium and yttrium , as in Russia, Belarus and Kazakhstan is almost not produce these rare earth metals, rare earth imports of these zero tariff customs Union member states will help develop high-tech industries.

In addition, the Eurasian Economic Commission Council decided to roll import tariffs for certain types of rolling mills increased from 0% to 8.3%. This is to improve the Customs Union member states force business investment and help expand the utilization of production equipment.


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"Rare case" exposure to the industry short board

China 's rare earth export management triggered Sino-US trade litigation is still an upgrade. Following the April 8 the United States to the WTO dispute settlement body to appeal , the Chinese side on April 17 to the WTO dispute settlement mechanism proposed cross- appeal.

Ministry of Commerce spokesman Shen Danyang at a regular press conference on April 17 , said the current case is in the trial stage of the Appellate Body , the Chinese side will make every effort to appeals . Shen Danyang also stressed that no matter how the outcome of the appeal , Chinese protection of resources , environmental policy objectives will not change , it will continue to comply with WTO rules and ways to strengthen the management of resource products , maintain fair competition.

Insiders said the appeal focuses on the case to express our attitude and position . This trade dispute "tug of war " has exposed the development of the industry and the use of international trade rules on how to make up the short board should be the focus of attention.

Appeal " comeback " is not likely

Multiple measures taken to protect the resources and protect the environment in line with the original intention of the WTO rules , but also get the support of the expert group on the whole . But WTO also provides the same control must be implemented in the country . In the direct use of export taxes , export quotas and other initiatives , while no corresponding domestic controls to keep up with , so being accused of a violation of the relevant national non- discrimination principle , be the expert group identified as illegal . This did not make too many people by surprise. Insiders accepted International Business Daily reporter interviewed have said that the WTO panel ruled that the views in the " expected ."

He Weiwen China WTO Research Association , said he had expected a few years ago RE disputes occur. "We set up rare earth export quotas and export taxes in order to protect resources and the environment , this is still compliant . But the problem is in the domestic market is not similar to the consumption of rare earth products and prices sophisticated management practices, thus creating inequality both inside and outside . " He Weiwen said.

CIC Institute metallurgical industry consultants Court Zhibin told reporters in an interview that other countries protect the rare earth and other strategic resources policies often have hidden and internal resistance characteristics, coercive measures in international trade aspects of the phenomenon is not much see .

Yuan Zhibin that China 's export management measures respondent " fair, reasonable , but non-compliance ." Therefore , more cross- appeal was filed shows that our attitude and position on the case , the possibility of the WTO Appellate Body commuted results are not great. " the corporate level, the general public and the media on the Chinese media have sympathetic understanding of rare earth mentality , so you can get more time to appeal to the domestic enterprises to make adjustments, but under WTO rules must be observed. " Yuan Zhibin commented.

External trade rules promote industrial upgrading and repair

Accordance with the WTO 's dispute settlement procedures, the Appellate Body Appellate Body report will be distributed from 60 to 90 days after the appeal , the case of " final ruling " results.

Yuan Zhibin , said the Chinese what the appeal will be final results are not important , but the event should cause deep reflection of government departments , industries , businesses and investors.

" low-end export resources , high-priced imports of refined resource industry ills , this extensive , unsustainable development patterns must be changed . No matter how external factors , the domestic industry should enhance their core competitiveness. " Yuan Zhibin said.

Zhang Anwen , deputy secretary general of China Society of Rare Earths also proposed that China " as soon as possible to prepare for the rare earth export management model to adapt to new circumstances ."

" How can the total exports in the future to consider how to develop the export entry threshold , how to reflect openness, fairness, and justice , and how to avoid disorder and export prices are out of control and other issues need to be considered , as far as possible to adapt to WTO rules , seeks profit Nourishing . " Zhang Anwen said.

He Weiwen said that as of now, all the trade dispute in the WTO dispute settlement mechanism accepted in China has 12 times as the complaining party , 31 times as a respondent party . " China has been sued so often that we have not done enough in terms of familiarity and control of WTO rules , this rare case for us again sounded the alarm. " He Weiwen said.


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