Copper prices are still down, rare earth prices weak
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- Category: Rare Earth News
- Published on Wednesday, 12 March 2014 11:10
- Written by HJF
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March 11 news : As of today 's close, down 1.05% copper still substantial , dropping to an intraday low of 45,330 yuan / ton. Shanghai aluminum , Shanghai lead , zinc and Shanghai were closed up 0.8% , 1.94% , 0.98 %.
Shanghai copper spot today reported premium 160 yuan / ton to discount 20 yuan / ton , flat water, copper traded price 45680-46200 yuan / ton, premium copper transaction price 45740-46300 yuan / ton. Shanghai copper gradually stabilized stabilized , increasing the outflow of speculative trading continues , is an abundant supply of copper to maintain premium status yesterday , morning Inquiry actively market turnover improved water level difference between the good copper and copper expanded to around 100 yuan / ton , flat water, copper and wet copper brand favored . After entering the second trading session , copper rebounded nearly 300 yuan / ton , especially in far month contract with the month spread widened to 100 yuan / ton, so hold stocks very price , brokers bought and thrown on , were active downstream dips pick-up initiative and enthusiasm increased significantly, overall trading activity improved. 45000-46000 yuan / ton in the vicinity , either downstream or middlemen bargain hunting confidence and strength enhancement.
Rare earth prices continuing weakness , weak downstream phosphor market, making a slight decline in the price of europium oxide , the mainstream transaction prices dropped to 4200-4400 yuan / kg , Low to 4,100 yuan / kg , other metal oxides and temporarily to steady the main .
Industries. Wall Street knowledge that the Chinese economic slowdown , devaluation brought arbitrage space narrowing , default risk in credit markets surge on bearish fundamentals , etc. , is not optimistic about the future trend in copper prices . Not only that , from the technical side the graphics point of view, copper is a bear walking in a wave of large cliff .
Currently the price of copper is in the vicinity of a period of up to three years taken off the edge of the triangle consolidation , high triangular shape of the continuous downward , while lows remain unchanged , which indicates that the shape is more inclined to a decline in the relay , the next afternoon break may sex bigger.
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Ministry of Brewing A New Round of Consolidation Crackdown Illegal Production of Rare Earth
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- Category: Rare Earth News
- Published on Wednesday, 12 March 2014 11:08
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Ministry of brewing a new round of consolidation crackdown illegal production of rare earth.
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Rare Earth Has Been The Destination
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- Category: Rare Earth News
- Published on Wednesday, 12 March 2014 11:06
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Today's Malaysia, the Malaysian government should establish rare toxic in Kuantan.
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Long County seek restoration planting 3,500 acres of abandoned mine rare earths
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- Category: Rare Earth News
- Published on Wednesday, 12 March 2014 11:08
- Written by HJF
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From Ganzhou City Forestry Bureau , Long County will be " forest and rural, green channel " project as an opportunity to actively promote the abandoned mine restoration of rare earth construction . To focus on the comprehensive management of the mine , taking closures , tubes, change, create , such as biological and engineering control measures to fully carry out the rare earth mine waste management , curb soil erosion and destruction caused by rare earth mining due to the ecological environment , and build regional , watershed work agricultural production , living ecological security system. Among them, for the completion of the East River waste pits rich rare earth mining governance afforestation of about 1,000 acres , enough rare earth mine waste management afforestation hole about 2,500 acres.
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MIIT: to consolidate and expand the pattern of rare earth industry mergers and acquisitions
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- Category: Rare Earth News
- Published on Wednesday, 12 March 2014 11:03
- Written by HJF
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Ministry of Industry and Raw Materials Division Feb. 21 release " 2013 economic operation of the rare earth industry ," the overall analysis of the rare earth industry in 2013 , the deployment of 2014 industry focus .
The report shows that in 2013 , the country's total control of rare earth mining index was 9.38 million tonnes ( total rare earth oxide , the same below ) , smelting separation products programs for 90,400 tons . The actual amount of the annual extraction of 80,400 tons , smelting separation products production was 83,300 tons , respectively, 85.7% and 92.1% plan , part of the rare earth mine in Jiangxi Province and China Minmetals conduct environmental transformation and inhibition of falling prices and reduced production . The total amount of 24,000 tons of rare earth export quota (equivalent physical quantity 31,000 tons ) . Actual annual export quota of rare earth products physical quantity 22,900 tons , an increase of 36.3% , exports amounted $ 603 million . 2013 , operating income of 76.9 billion yuan rare earth industry , an increase of 7.9% , a profit of 7.74 billion yuan , down 28.1 percent . Lower profit was mainly due to the impact of rare earth prices .
Report, Inner Mongolia, Guangdong, Jiangxi, Fujian and other provinces (regions ) in the area basically completed the separation of rare earth mining and smelting enterprise integration , and the formation of large rare-earth enterprise groups. China Minmetals , Chinalco and other central enterprises to intensify structural adjustment , industrial scale and comprehensive strength has been further enhanced. In the rare earth industry restructuring and upgrading of special support and guidance , the construction of six integrated rare public technical service platform , and built a number of high-end materials and device projects , the majority of rare quality and performance of primary raw materials to meet international standards , a significant value-added products improved.
The report notes that the current rare earth industry, there are still some outstanding issues: First, illegal poaching , unplanned production have occurred, forming a set of mining, production, circulation , smuggling as one of the chain of black interests seriously disrupted the market order , resulting rare earth products prices have fallen significantly. Second, the separation of rare earth smelting overcapacity problems still outstanding. Third, laws and regulations are not perfect, of rare earth production, circulation of illegal behavior is difficult to cure.
Reporting requirements in 2014 focused on consolidating and expanding China Minmetals has been formed , China Aluminum , Baotou Steel Rare Earth , Ganzhou Rare Earth , Guangdong, rare earth, rare earth enterprises Xiamen Tungsten six major mergers and acquisitions based on the pattern of domestic rare earth mining and integration smelting separation of businesses, closed during this process a number of illegal businesses , converting a number of enterprises , restructuring of a number of enterprises , dramatically reducing the number of separated rare earth smelting enterprises , resolve excess capacity. Promote mergers and acquisitions , the formation pattern of development of large enterprise groups leading rare earth industry as soon as possible . It will also take advantage of strategic emerging industries , the state's major science and technology projects , the rare earth industry restructuring and upgrading policies to support large enterprise groups , research institutes to develop new rare earth materials, the development of high-end applications industry , promote the optimization and upgrading of rare earth industry . Formulate " Rare regulations," according to norms of production and business activities.
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