Although Fujian Xiamen Tungsten Rare and vigorously support but profits still fell

Major shareholder of Fujian Xiamen Tungsten Rare Earth Group vigorously holdings and holdings are generous but the mid-year report released last week showed that eighty percent Xiamen Tungsten net profit is still a large drop.

Fujian Xiamen Tungsten Rare Earth Group currently holds 235.6 million shares, the first quarter increased by 459.16 million shares, the total share capital of 34.55%. In the second quarter, the share price at 30 yuan Xiamen Tungsten fluctuate around, that is, to buy shares in Fujian Rare Earth Group spent at least $ 120 million. Holdings in the second quarter, the major shareholder of Fujian, Xiamen Tungsten Rare Earth Group has achieved for three consecutive quarters of Xiamen Tungsten holdings. When the first quarter of this year, Fujian Xiamen Tungsten Rare Earth Group had holdings of 67 million shares. From the beginning of December last year, Fujian Rare Earth Group has total holdings of listed shares 0.95%.

In fact, in addition to intensify holdings outside, Fujian Province, Xiamen Tungsten is also rare earth business support into concrete action. Public information, in 2013 the first batch of rare earth mining Fujian indicators have 950 tons allocated to Xiamen Tungsten, which is more than 700 tons the same period in 2012, an increase of 250 tons. The province's total mining capacity of 1,000 tons, and the remaining 50 tons were Sanming, Citylink, Changting, Shanghang other places of five rare earth companies carved up, that is, the first batch of this year, 95% of the mining index gave Xiamenwuye .



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August 26 rare earth price quotes

August 26: RE prices held steady today, continue to rise momentum is not strong. It is understood that up to March of the rare earth market "hitting" action and the upcoming national reserve makes the market mentality is still strong bullish, but the intensity of the current anti-remains to be seen, as well as purchasing and storage efforts are also undetermined time, rare earth prices continue to rise temporarily limited power, most market participants temporary partial sidelines.

Dysprosium oxide mainstream manufacturers tax price 230-240 yuan / ton, dysprosium iron mainstream manufacturers tax price 230-240 yuan / ton.

Praseodymium oxide mainstream manufacturers tax price 550,000-560,000 yuan / ton. Neodymium oxide 350,000-370,000 yuan / ton.

Lanthanum oxide manufacturers tax price 27,000-29,000 yuan / ton. Cerium oxide mainstream manufacturers tax price 28,000-29,000 yuan / ton.

Praseodymium neodymium mainstream manufacturers tax price 365,000-375,000 yuan / ton, praseodymium neodymium metal mainstream manufacturers tax price of 460,000-480,000 yuan / ton.

Europium oxide phosphor grade mainstream manufacturers tax price 4,900-5,100 yuan / kg. Terbium oxide phosphor grade mainstream manufacturers tax price 4,300-4,500 yuan / kg.



Rare Earth Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
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Development and application of rare earth industry seminars and technological achievements of

7th International Rare Earth Development and Application Conference held in Ganzhou, Jiangxi. There were from Japan, Switzerland 15 countries and regions, more than 360 experts, scholars and entrepreneurs to discuss the rare earth science and technology and industrial development and other issues.

Experts around the rare earth mining geology, mining beneficiation, smelting separation, loops utilization and environmental protection, rare earth chemistry, as well as rare earth permanent magnet, glow, catalysis, hydrogen storage, superconductivity, glass, ceramics, nano-materials in the application of international forefront question of the exchange; while meeting invite well-known enterprises and industry advisory body made ​​a report on the development of rare earth industry status and trends in depth. International Rare Earth Development and Application Conference in the United States, Japan, Europe and other countries and regions regularly Sort meeting of the International Conference of rare earth industry, held in China once every three years.



Rare Earth Supplier: Chinatungsten Online - http://www.chinatungsten.com
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Xunwu County investment for the development of rare earth tailing loops

Recently, a total investment of 430 million yuan of Shiwan ceramic Southern Rare Earth Global tailings resource utilization and industrialization projects included in the national "863" plan, marking Xunwu County take full advantage of abandoned tailings development of rare earth ceramic industry has leapt to a new level.

This year, Xunwu County to change the development of the main line, in order to develop new industries oriented to the transformation and upgrading of traditional industries as the goal, taking a new road of industrialization, focusing on rare earth new materials based pillar industries, mineral processing based leading industry, the introduction of a number of high technology content, the highest tax ability to drive efficiency large, green non-polluting industrial projects. Currently, the county has more rare earth deep processing project has been included in the State Ministry of Finance, Ministry of Land and integrated pilot exploitation of rare earth industry and technological achievements transformation and industrialization to support the project. Especially in the county take advantage of abandoned tailings development of rare earth industry, ceramic industry projects, the Ministry of Land and other countries have been several ministries leaders and experts spoke highly of, and has recently been included in the national "863" development plan. Make full use of the county's waste tailings development of rare earth ceramic processing industry, entered a resource conservation, resource utilization virtuous circle of development track.



Rare Earth Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
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Special campaign of unprecedented short-term rare earth prices will get strong support

By the slow recovery of rare earth downstream demand and the supply side is still chaos and other factors, the first half of 2013 show oscillations domestic rare earth prices overall downtrend. Statistics show that in 2013 the first half of Baotou metal praseodymium neodymium (99%) the market price of 379,300 yuan / ton, compared with the same period in 2012 of 543,500 yuan / ton dropped 30.22%. Dragged down, Baotou Steel Rare Earth (30.10,0.500,1.69%) International Trade Co., Ltd. in 2013 1.531 billion yuan in the first half of large losses, but by the fourth quarter of 2012 the state launched a second rare earth Shouchu in 2013 two quarters of centralized settlement support, the company first half of 2013 attributable to shareholders of listed companies net profit fell by only 33.03%, significantly better than expected.

Following remediation Ganzhou Rare Earth private mining, the Ministry and other ministries jointly issued eight decisions on the rare earth mining, production, circulation of illegal acts against a three-month special action. This action not only eight ministries, regulation extended to the whole country, but also from the illegal exploitation of the range investigated illegal mining, smelting mineral source separation is legitimate enterprises, expanding trade enterprises to the legality of the source of rare earth products, and carry out clean-up of waste products of rare earth recycling and comprehensive utilization of enterprises. We believe that the special rectification actions to carry out in the short term will result in a significant decline in the market supply of rare earth, rare earth prices will form some support. In addition, the fifth Baotou Rare Earth Industry Forum, several reports have mentioned rare earth element management points, the proposed implementation plan Shouchu smooth price fluctuations, we believe that there is a strong future purchasing and storage expectations, but "there is not the severity of . "


By Ganzhou downstream remediation private mining and industry needs to pick up some areas and other factors to promote the domestic market price of rare earth in late June 2013 bottoming out. Data show that as of August 9, 2013, Baotou metal praseodymium neodymium (99%) have been the end of June the price of 325,000 yuan / ton rose to 445,000 yuan / ton, the cumulative rate reached 37.98 percent rebound, dysprosium oxide and dysprosium iron and other heavy rare earth product prices rebound rate is close to 100%. As our previous analysis, by purchasing and storage of special rectification and other positive factors are expected to support the second half of 2013, the domestic market price of rare earth there are still some upside. Helped make the company the second half of 2013 smelting, separation and trading business profitability will be improved to some extent.



Rare Earth Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten Picture Center: http://picture.chinatungsten.com
Tungsten Video Center: http://v.chinatungsten.com
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