Russia voted 25 billion aided North Korea railway, for the rare earth mining contract

According to Korean media reports, Russia to help the DPRK to achieve the modernization of the railway network conditions, and North Korea reached an agreement on the mining of rare earth resources.

South Korea, "Central Daily News" Web site Oct. 30 citing Russian media sources said the Russian Far East Development Minister, said Alexander Galuška Russian companies will need to invest $ 25 billion to participate in the Korean railway network modernization project "Victory" project, "This contract period of 20 years, Russia will be in North Korea in exchange for the mining of mineral resources. "

Reported that Galuška minister's visit to Pyongyang on October 20 -24 days to participate in the project groundbreaking ceremony on October 21 - the "Azusa holes - Gangnam - Nampo railway station interval start building ceremony."

Russia's industry-academia complex "Mostow than the" push this project aims to help North Korea in the total length of 7000 km of railway network, the first 3200 km modernize the railway network, exchange, Mostow than in Korea mining of rare earth metals and mineral resources of titanium, tantalum, gold, coal and so on. Galuška minister said North Korea's rare earth metal buried about seven times that of China.

North Korea and Russia first began this month with rubles, and plans to introduce visa-free regime. Galuška Minister said (Russia's largest hydroelectric power station operators) Ruth Xideluo plans to promote the connection of the Russian Far East and North Korea, South Korea's large-scale inter-Korean Russian electricity network.
 

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Ministry intends "Bianzhao" to address the situation of rare earth exports next year

October 28 afternoon, "First Financial Daily" reporter learned from authoritative sources, in order to respond to changes in rare earth export situation, the next stage, the Ministry will promptly revise and improve relevant policies and regulations and management measures.

Specific measures include: to promote the early introduction of rare regulations; revise and improve instruction and rare earth rare earth management approach; the establishment of rare earth products traceability system; improve resource taxes South ionic rare earth. It will also continue to implement the classification of the severity of the rare-earth management, to crack down on illegal rare earth production, meanwhile, continue to adjust and a corresponding increase in light rare earth targets.

Geneva time on August 7, WTO announced the United States, European Union, Japan v China rare earths, tungsten, molybdenum export management measures related to the case (that rare case) Appellate Body report. WTO Appellate Body had experts maintain export tariffs on Chinese products involved, the export quota measures do not comply with the relevant WTO rules and China's WTO commitments ruling.

Because of the rare earth export situation in the doldrums, there has been a surplus of rare earth export quotas, exports of rare earths outside of the abolition of the quota system differences also exist, but the president of the China Rare Earth Industry Association Gan Yong believes that if this cancellation of rare earth export quotas, it will further increase rare earth industry management more difficult.

MIIT also made a basic judgment, WTO litigation case late, after next year's export quota of rare earth-related market will have to adjust the impact point will be difficult in the first quarter of next year.

China Merchants Securities said in a research report said that with the WTO litigation against rare earth export quota policy adjustment is inevitable, "the first quarter of 2015 will be a critical period for China's rare earth industry, in order to prevent a drop in price of Export Growth situation, the state regulation of rare earth industry can not wait. "

And on the rare earth mandatory plan, although the total annual increased, but the implementation of mandatory plans have been criticized by the industry. Among them, this year's rare earth ore (rare earth oxides REO) total production control index was 10.5 million tons, but compared to the current actual production of rare earth, there are still companies "not enough."

For this reason, after a period of deliberation, the Ministry decided to Bianzhao in policies and regulations. Specifically, carry out special operations against illegal acts of rare earth; and accelerate the formation of large rare-earth enterprise group; utilization of rare earth resources management practices. Level in policies and regulations, the Ministry will promptly revise and improve relevant management measures.

 

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RE prices dip again, weak market

Today, the rare earth market price held steady or continued low volatility down, the price repeatedly dip, a weak market. Praseodymium, neodymium products, currently single oxide because of poor demand, fewer inquiries, contract situation is not satisfactory, the price is also little decrease. To steady this week, neodymium oxide prices low or continue to fall, there are price adjustment, the range of -1 5,000 yuan / ton, the mainstream market fell to around 265,000 yuan / ton. Pr-Nd mixed oxide has some inquiries, but the price has dropped to 280,000 yuan / ton and below, the relative decline in the last week, about $ 5,000 / ton, while the praseodymium neodymium metal market there are some low turnover, according to Ganzhou area manufacturers now reflect the market price at between 36-36.5 yuan / ton.

Gadolinium products, this year gadolinium oxide and gadolinium iron prices are not only lower the minimum current gadolinium oxide with ticket prices have dropped more than 80,000, fell in 2011 the initial price. Back in August and September because of concerns the price outlook continues to decline, some businesses choose to wait and see clearing stock market, gadolinium oxide and gadolinium iron market is limited profit, businesses profit upside down or have been faced with the situation upside down, or continue down the price outlook.

Europium, terbium oxide market's recent price rebound is not now, europium oxide low volatility, traders now to offer their own has dropped to 2200 yuan / kg, terbium oxide slight fluctuations in the past two weeks, the adjustment range of 50-100 yuan / kg, according to Ganzhou some businesses today expressed terbium oxide with tickets currently about 2550 yuan / kg.

 

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Ministry intends to amend the relevant laws and regulations of rare earth

Export of raw materials and other measures Disputes in the WTO against China's rare earth. Reporters just learned that in order to cope with the change of rare earth export situation next year, the next stage, the Ministry will promptly revise and improve relevant policies and regulations and management measures.

These include: promoting the early introduction of rare regulations; revise and improve instruction and rare earth rare earth management approach; the establishment of rare earth products traceability system; for LREE of category management, to crack down on illegal rare earth production, meanwhile, continue to adjust and a corresponding increase in light RE targets; increase resource tax South ionic rare earth.

According to the China Nonferrous Metals Association data, global economic growth, lack of motivation, the impact of declining domestic economic growth and other factors, the downward trend appears rare earth market demand, prices fall resulting in enterprise efficiency decline, production and management faced with many difficulties. 1 to August, more than 190 nationwide scale rare earth mining, smelting enterprises realized profits of 2.5 billion yuan, down 24.6%; exports of $ 1 billion of rare earth products, down 0.7%. At the same time, the rise of illegal production signs appear; these uncertainties are so rare earth industry is facing new challenges.
 

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China Rare Earth was cheap overseas strategy has failed

Dated 27 March 2014, the United States, European Union, Japan against China rare earths, tungsten, molybdenum export restrictions, China has put forward "to protect the environment," the very Western way of saying to the defense, the WTO ruled that China eventually lost. Japanese media commented that "China's strategy of complete failure."

Indeed, the Chinese rare earth export restrictions has once again been cut violations, gave great good Europe and other countries, as a entry point, China's exports of strategic resources management system may face shocks.

In accordance with the usual Western view, the development of high-tech rare earth is a strategic resource indispensable, from smartphones to missile guidance are inseparable from the "industrial vitamins." But over the years, China has to account for only 23 percent of the world's total reserves reserve supply 95% of the world's rare earth production, not only the low price was like "selling gold potatoes price", there is a huge environmental cost to pay.

Can be found in China's rare earth resources are cheap to Japan and the United States. And when China began to realize that the problem is serious rare earth export restrictions, the United States and Japan has shown impatience after another to say "no."

"Rare Earth science and technology once used for military, military science and technology will inevitably bring jumped." Eleventh National People's Congress, Zhou Hongyu, deputy director of Hubei Provincial People's Congress, said in his motion, "In a certain sense, the US military in the post-Cold War several local war can be overwhelming control, and the ability to openly killing the enemy with impunity, is due to science and technology in the field of rare earth takes the cake. "

"The Middle East has oil, China has rare earths, China's rare earth resources account for 80% of the world's known reserves, its status can be compared with the Middle East's oil, has an extremely important strategic significance, must take the rare things well, the advantage of China's rare earth play out. "this is 1992 Deng Xiaoping's" Southern Talk "in some speech against China's rare earth resources.

But contrast, in quite a long time, China's general awareness of rare earth mineral resources remain in the general perception of equal treatment, the export is one of its main tasks. From the early 90s of last century, the cheaper Chinese-made rare earth step by step erode the market share Mans 登帕斯 mine, but also to the rare earth ore prices since 1992 fell to $ 11,700 per ton of $ 7,430 in 1996.

Subsequently, China with its own resources and reduce the exploitation of Europe and the scale of the machine, became the world's largest rare earth mining and exporting countries. According to the US Geological Survey Minerals Summary Annual Report 2007 published statistics, China's rare earth mineral reserves first in the world, accounting for more than 90% of rare earth annual world's rare earth production, total exports accounted for 80% of the world.

But even in this world behind the scenery, hidden with a little embarrassment. Since the mining of rare earth ore into a herd of chaos, resulting in a large number of rare earth resources have been ruined, destroyed, and cheap, the vast majority of exports are not rolling, forging or only by simple processing of primary products, in exchange for money outweigh the benefits.

"Before and after September 2008, with a purity of 99.9% cerium oxide for 18 yuan kg, while the highest sold for 30 yuan kg the past," Dong Hua Sen said, "high-tech electronics, lasers, communications, superconducting materials such as rare earths are needed, but China's rare earth prices have not gone up, you can not own pricing, at a disadvantage. "


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