Although state support Steel, Minmetals , the aluminum construction of large rare earth group 's message has been flooding the market , but in fact in the past two years, RE integration process is not smooth , the major rare earth enterprises and local governments and is Game integrate emerging enterprises.

In the past, due to the pattern of China's rare earth industry is very chaotic, fragmented very serious problem, causing great waste of resources, which is not consistent with economic laws , nor in the national interest . The reason, at least the following two points :

On the one hand , the domestic distribution of rare earth resources determines the size of a small market players in the industry , a wide range of features , easy to form a pattern of vicious competition ; on the other hand , China's rare earth industry has not yet formed orderly resource development , smelting separation and markets circulation order to promote the spread of the rare earth industry malformation pattern . Deformity caused by the current industrial pattern of rare earth industry, " infighting " , oversupply , lack of pricing power situation.

In this case , China's rare earth industry in urgent need of a deep transformation of the industry , the industry needs a thorough reshuffle . Meanwhile, should regulate the rare earth industry consolidation , the off resolutely turned off, the combined firm would merge , in order to maintain the sustainable development of rare earth industry to ensure our long-term certainty of rare earth pricing.

From a broader perspective, the relevant departments , state-owned enterprises and local governments should focus on long-term establishment of strategic reserves of rare earth resources system , planned exploration and application of rare earth resources. Externally, ensures cooperation or negotiation of national interests ; internally , you can between national ministries and rare earth enterprises to establish smooth and efficient coordination mechanism .

In fact, a large group of rare earth industry is the trend , a large group of standardization contributes to the development of the industry , the country 's unified management easier , convenient and policy interventions . In addition, the group of rare earths Goes disorder can reduce the market vicious competition to some extent , help to protect rare earth prices , and a large group will receive the corresponding preferential policies .

The good news is led by the Ministry to develop a large group of rare-earth program , has received the State Council approved , in accordance with the program content form " 1 +5 " pattern, that is, from the Baotou Rare Earth Rare Earth Group founded north by Minmetals and Chalco two central enterprises , and Ganzhou rare Earth , Rising Nonferrous Metals, rare Earth Group Xiamen Tungsten three local group consisting of the remaining five .

Group of government decision-making arrangements , and give full play a decisive role in the allocation of resources in the market , business-oriented , diversified investment , market operation , and promote mergers and acquisitions by the "Let me rephrase " to " I want restructuring" changes. Five rare earth group integration upstream business , will change the structure of exports of rare earth products , the formation of a greater competitive advantage and consistent export policy.


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January 27, 2014 Price of rare earth products

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Baotou Rare Earth Exchange completed three transactions since its trial operation last November , but this year no new transactions. "At present we are still updating changes in accordance with national laws and regulations relevant provisions , in addition to electronic trading , other modes , has already started operations , but it is yet to be determined hours of operation " , Baotou Rare Earth Exchange insiders said .

It is understood that dilute Exchange prominently big picture still shows " Baotou Rare Earth Products Exchange upcoming trial operation ." It is understood that , since 2011, led by the ministerial joint conference system of the Commission , responsible for combating illegal securities futures exchanges around rectify chaos . "At present, the Baotou Rare Earth exchanges are carried out in accordance with the Commission 's internal regulations amend the relevant regulations , but the rare earth exchange trading pattern is compliance ," the source said .

According to analyst Wu Chen- hui said that the rare earth quote more sensitive, due to the presence of competitors , and many other reasons, many businesses are reluctant to open their own production information , the disclosure of information exchange between buyers and sellers , or there is something wrong . This is also an important reason for thinly traded , he further said , rebar and other products are not as rare as a stable market electronic trading , Baotou Rare Earth Products Exchange to form a stable market needs to be time.

Insiders otherwise declined to be named , said there are still some companies are more or less black RE transaction , of unknown origin has not been washed for rare earth products could not land exchanges, which may also be a factor affecting the development of the Exchange .


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According to data recently disclosed Hohhot Customs , in 2013 , the export volume of rare earth Hohhot Customs is 5065 tons , up from 2012 , but exports fell by 50 %. Rare earth export quotas in the country , Inner Mongolia Rare Earth companies can get 25 %. Therefore , the increase in volume and a drop in price Inner Mongolia Rare Earth exports , reflecting the 2013 development of rare earth industry weakness . Since the third quarter of 2011 , Inner Mongolia 's rare earth industry as a whole showed a downward direction, specific performance prices, shrinking exports .

Analysis of the reasons for the weak , mainly affected by three factors .

First, by the impact of the black earth industry chain. In a rare earth industry conference, Secretary-General of China Rare Earth Industry Association Mayon peaks have been disclosed , it is estimated that the industry beyond the plan , unplanned rare earth production accounted for 50 % of total sales . Illegal production enterprises rely on illegal mining digging steal to get raw materials in the production process, but also to escape the regulatory environment , coupled with the sale of non-payment of taxes to rely on smuggling , the production cost is very low. Black earth industry chain to make regular product sales are sluggish , increasing the regular production difficulties and market malaise .

Secondly, the conflict intensified demand and production capacity of the weak market . The past two years , the world economic recovery is slow , demand for rare earths slowdown , the U.S., Japan , the European Union and other major importing countries continued to decrease rare earth rare earth imports. Meanwhile, after the third quarter of 2011 , the domestic rare earth sharp price increases , cost pressures forced some low-end application of rare earth out of the market . In 2012, global demand for rare earths market less than 10 tons, although in 2013 there has been a slight increase , but the increase is far from digestion of rare earth production capacity, estimated annual consumption does not exceed 20 tons. It is estimated that China's rare earth smelting and separation capacity of 320,000 tons , existing and under construction production capacity of 400,000 tons of NdFeB .

Thirdly , technological advances weaken the strength of rare earth consumption . With prices soaring in recent years, rare earth , rare earth enterprises have applied through technological innovation , or reduce the amount of rare earths , or looking for alternatives. On the rare earths market seminar held in November 2013 , insiders pointed out that , at present, is to light rare earth permanent magnet device development , although rare devices increased demand , but the demand for total rare but not synchronized growth even decreased. Rare earth permanent magnet materials are the most important areas of consumption of rare earth , which reduce the amount of rare earth , to bring pressure on the market is huge. In addition , thanks to technological advances , LED lights has replaced the trend of rare earth energy-saving lamps . LED lights are much less rare than the required three-color light , which makes the global demand for rare earth phosphors declined significantly.


Tungsten Carbide Manufacturer & Supplier: Chinatungsten Online - http://www.tungsten-carbide.com.cn
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
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