U.S. media said that China represents the current seek to cut exports of rare earths , which is the first in the country in the past two years, aims to cut rare earth exports.

U.S. website on December 13 reported that , despite intensified competition rare earth mining , resulting in China 's proportion of global production continues to shrink , but the world's supply of 17 kinds of minerals have about eighty percent are still in the hands of China . Beijing has been controlled by the supply of export quotas , although China 's rare earth exports due to weaker demand in the past two years did not reach the level of the quota .

Chinese Ministry of Commerce said on the 13th , 2014 the first batch of rare earth export quota of 15,110 tons , a decrease of 2.5 % compared with the first batch of rare earth export quotas last year . Basically, the first half of the quota next year to determine the annual trend , since about half of the first full year quota general quota . The Chinese government announced the second batch of rare earth quotas usually around July .

Report pointed out that if China announced the second batch of quotas in 2014 is consistent with the trend of the past , then the country's rare earth export quota will be the first decline since 2012 . Since 2005 , China has gradually cut rare earth export quotas , this situation reversed to appear until 2012 .

According to reports, China 's rare earth export quota for 2010 will be reduced by 40% , this results in the consumption of rare earth metals and related industries in developed economies panic . Rare earth metals used in the manufacture including missile defense systems and smart phones , including a series of important scientific and technological products.

According to Chinese customs data show that China first ten months of rare earth exports accounted for only 57% of the annual quota . Last year, Chinese exporters have used only 52% of the Commerce Department quotas.


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December 13, 2013 market price of rare earth products

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December 13 , 2014 the Ministry of Commerce issued the first batch of rare earth export quotas, LREE total of 15,110 tons , a slight decrease of 2.5% compared with 2013 . The total of 27 enterprises to obtain export quotas.

However , insiders believe that due to the recent downturn in the rare earth downstream demand , the export volume has been far below the actual export quotas , export quotas reduced real meaning has little importance is gradually reduced.

According to industry practice, the Commerce Department released a year usually two batches of rare earth export quotas, the first batch of quotas typically accounts for about half of the annual quota .

December 13 , the Ministry of Commerce to disclose on its website the first rare earth export quota for 2014 , which is 13,314 tons of light rare earths , heavy rare earth 1,796 tons , totaling 15,110 tons . Industry insiders estimate that next year the total export quota of 30,200 tons .

The Commerce Department said the first batch of 2014 export quotas for the main reference for each enterprise output from 2011 to 2013 in October , export volume , export value calculation. Data show that in 2013 the first batch of rare earth export quota of 15,449 tons , including 13,561 tons of light rare earths , heavy rare earth 1,938 tons , shows that 2014 rare earth export quota decreased slightly by 2.5%.

Export quota is not particularly meaningful

For the Chinese export restrictions practice , WTO against China in October to limit exports of rare earths in the proceedings, made ​​a ruling against China , China needs to rare tariff adjustments and the elimination of export quotas , the market is expected verdict by the end of the introduction . But the WTO has not yet announced the official final results .

The above ruling came after the news , the Chinese Ministry of Commerce policy analyst , said Mei Xinyu , China is likely to appeal. "In my opinion , China is fully entitled to limit or strategic resources such rare cause serious pollution , the export of energy -intensive products . "

"Some stakeholders said that we lost basically a foregone conclusion , the state could then approach by responding to rare earth export quota policy to defer for a year , " the industry source said, " There is a need for continuity of national policy , not because losing to immediately cancel , also need to give companies a transition period , the earliest will be canceled in 2015 . "

However, industry analysts said , in fact , due to the recent downturn in the domestic market of rare earth , rare earth export quota management approach has gradually lost its meaning , because the number is much lower than the actual export export quotas.

According to customs data , exports in the first ten months of this year, the rare earth only about 57% of annual export quotas this year . 2012 China 's rare earth export volume accounted for only 52% of the Commerce Department issued a rare earth export quotas .

" A few years ago the total exports are about 50% of export quotas wandering , often used up the quota this year, exports to Japan, Europe has been the recovery , may account for about 70%. " the analyst said , and is expected , if the final WTO ruling down, China canceled export quotas , while the downstream market has improved, it will be possible to promote increased consumption of rare earths , prompting prices to pull up . And if the rare earth downstream market continues to decline , there may be companies competing vicious competition , continued low prices of rare earth situation .


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Guangxi province is second only to rare earth reserves in Jiangxi and Guangdong , as the resource has not been fully exploited , with the advantage of strong , attracted wide attention. Since 2008, the state-owned capital into the rare earth industry in Guangxi , on the rare earth industry consolidation, and achieved certain results . However, the current development of Guangxi, the main rare earth industry still faces uncertainties and other " chaos ." The industry believes that Guangxi should further accelerate the consolidation efforts, specifically the development of the body , protect the healthy development of the industry .

Prior to 2008, mostly in Guangxi Rare licenses incomplete development of private enterprises indiscriminate mining. In 2008 , Guangxi Nonferrous Metals Group since its establishment, its success would Chongzuo Rare Earth Development Co., Ltd. and the largest rare earth ore separation plant Jinyuan Company 's revenue management, to become the sole owner of Guangxi legitimate mining business license and separate indicators . After entering the rare earth colored , abandoned the backward production technology , the use of more advanced mining technology in situ injection fluid and anti- seepage landslides and other protective measures to prevent pollution has invested a lot of money, so that the local mining order has been some improvement .

Although the state capital entered the rare earth industry , with its standardized management , advanced technology and relatively strong capital position has changed to some extent , " Hu opened Luancai " situation rare earth industry , but since 2008 a series of The fact that the rare earth industry in Guangxi current " chaos " still has not been fundamentally governance .

Hu Guhua analysis, rampant illegal mining of rare earths , in addition to illegal mining of rare earths in Guangxi easier , simpler separation means , find more difficult outside , have a great relationship with the current development of the main rare mix of Guangxi .

Hu Guhua said that although on the rare earth industry in Guangxi has been consolidation, but there is still a lot of private capital and in different ways into Guangxi, a multi- metal ore mining and other development on behalf of rare earths . A reflection of the industry , in some places, Jiangxi and other places of foreign miners signed a contract with the local villagers , wantonly illegal mining of rare earths , and then shipped to Jiangxi, Guangdong and other places .

Since the WTO before the end of the year is likely to restrict exports of rare earths ruling against China , China's rare earth export restrictions may release in early 2015 , the domestic rare earth industry resource integration imminent.

China Rare Earth Industry Association Deputy Secretary-General Chen Zhanheng that, to avoid export release significant impact on China 's rare earth industry and rare earth -rich region , we must strictly control various capital for investment and development of rare earth mine , the use of large enterprises and Resource Group integration, maintenance status of international pricing of rare earth .

Experts pointed out areas in Guangxi as an important rare earth , rare earth industry in the national context of a large consolidation to accelerate the pace of the rare earth industry consolidation has become an inevitable trend in the development of the subject is clearly a priority as soon as possible .


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