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Japan to promote the rare earth supply security schemes to reduce dependence on China Rare Earth

Details: Category: Rare Earth News; Published on Friday, 05 September 2014 16:10; Written by HJF; Hits: 2137

It is reported that Japan is promoting a rare earth supply security plan, hope that within four years, at least 60 percent of domestic demand rely on rare earth supply outside China. Rare is an important raw material production of smart phones, computers and cars, the Japanese want to reduce dependence on rare earth supply China's largest producer.

Japan hopes the first of this month signed an agreement to purchase four light rare earths from India; also as a rare earth mine in Australia and the Australian Lynas plant in Malaysia established to provide the financing.

Japan plans to protect the rare earth supply also created a joint venture in Kazakhstan, recycling batteries and engine rare earth magnet, even in the Pacific seabed exploration of rare earth resources.

And India agreement will be able to meet 15% of demand in Japan. According to the Japanese demand and growth data provided a rare trader estimates, according to the agreement if Lynas can increase production to 2018 Japan is expected to meet the needs of more than 60% of rare earths by China outside.

China's rare earth production currently accounts for about 90 percent of global production. Japanese purchases of rare earth almost all directly or indirectly from China.

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RE market continues to slump, demand oxide deserted

Details: Category: Rare Earth News; Published on Thursday, 04 September 2014 16:59; Written by HJF; Hits: 2142

Currently RE market continues to slump shock, dysprosium, europium, terbium oxide, such as the demand is not satisfactory, prices held steady or continue down slightly vulnerable. At present, many of the rare earth market prices in recent years have been the least significant bit of history belongs to the lowest level or year, prices continue to slump little space, but vulnerable to long-term maintenance.

Today dysprosium products market, according to traders Ganzhou dysprosium reflect the actual price is only about 1.4 million yuan / ton, while the price is close to the bottom of the price during the year. According to other suppliers, said dysprosium with tickets currently remain steady at around 1.44 million yuan / ton. Dysprosium iron market current market weakness, slight fluctuations in the price of dysprosium oxide with a higher offer is currently at 1.48 million yuan / ton.

Gadolinium products market, nearly a month gadolinium oxide prices were little changed before the supplier slightly increase the offer of 5,000 -1 10,000 to 120,000 yuan or more, but maintain time soon, the recent mainstream market prices have been maintained at around 115,000. Gadolinium oxide and gadolinium iron mainstream market prices have been a slight concussion in the interval, the market trend is limited. The current price is almost belong to the lowest position after 2011, limited downside.

Europium, terbium oxide market, the current price of europium oxide already at the bottom of the year, breaking last year's low, but the outlook is still some room to fall, but by the sharp fall in prices in recent years, down power has weakened, businesses can accept further downside is compressed. For most business europium, terbium oxide traders, the profit is far less than before. Terbium oxide market is currently small order with ticket prices, some traders will take ticket price adjustment from 2650 yuan / kg to about 2600 yuan / kg, the demand deserted.

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Uses of Rare Earth Elements

Details: Category: Rare Earth News; Published on Thursday, 04 September 2014 15:54; Written by jwy; Hits: 2372

Rare earth metals and alloys that contain them are used in many devices that people use every day such as computer memory, DVDs, rechargeable batteries, cell phones, catalytic converters, magnets, fluorescent lighting and much more.

During the past twenty years, there has been an explosion in demand for many items that require rare earth metals. Twenty years ago there were very few cell phones in use, but the number has risen to over 7 billion in use today. The use of rare earth elements in computers has grown almost as fast as cell phones.

Many rechargeable batteries are made with rare earth compounds. Demand for the batteries is being driven by demand for portable electronic devices such as cell phones, readers, portable computers, and cameras.

Several pounds of rare earth compounds are in batteries that power every electric vehicle and hybrid-electric vehicle. As concerns for energy independence, climate change and other issues drive the sale of electric and hybrid vehicles, the demand for batteries made with rare earth compounds will climb even faster.

Rare earths are used as catalysts, phosphors, and polishing compounds. These are used for air pollution control, illuminated screens on electronic devices, and the polishing of optical-quality glass. All of these products are expected to experience rising demand.

Other substances can be substituted for rare earth elements in their most important uses; however, these substitutes are usually less effective and costly.

From the 1950s until the early 2000s, cerium oxide was a very popular lapidary polish. It was inexpensive and very effective. The recent price increases have almost eliminated the use of cerium oxide in rock tumbling and the lapidary arts. Other types of polish, such as aluminum and titanium oxide, are now used in its place.

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Rare Earth Consumption and Supply

Details: Category: Rare Earth News; Published on Thursday, 04 September 2014 15:57; Written by jwy; Hits: 2193

Many manufacturing companies, concerned about the high prices of rare earth metals and oxides, began looking for ways to reduce their consumption of these materials. Although substitutes are available for many rare earth materials, they generally do not perform as well.

The greatest success has been in using smaller amounts of rare earth materials in the devices that require them or moving to technologies that do not require the use of rare earth materials. This effort has resulted in a decline in the amounts of rare earth materials used in some types of magnets and a shift from rare earth lighting products to light-emitting diode technology.

In addition to being the world's largest producer of rare earth materials, China is also the dominant consumer. They use rare earths mainly in manufacturing electronics products for domestic and export markets. Japan and the United States are the second and third largest consumers of rare earth materials.

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What Are Rare Earth Elements (REEs)?

Details: Category: Rare Earth News; Published on Thursday, 04 September 2014 15:50; Written by jwy; Hits: 2208

Rare earth elements are a group of seventeen chemical elements that occur together in the periodic table (see image at right). The group consists of yttrium and the 15 lanthanide elements (lanthanum, cerium, praseodymium, neodymium, promethium, samarium, europium, gadolinium, terbium, dysprosium, holmium, erbium, thulium, ytterbium, and lutetium). Scandium is found in most rare earth element deposits and is sometimes classified as a rare earth element. The International Union of Pure and Applied Chemistry includes scandium in their rare earth element definition.

The rare earth elements are all metals, and the group is often referred to as the "rare earth metals." These metals have many similar properties and that often causes them to be found together in geologic deposits. They are also referred to as "rare earth oxides" because many of them are typically sold as oxide compounds.

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