RE quota system challenges

For the United States and Europe to the World Trade Organization (WTO) against China 's rare earth export restrictions of trade disputes , WTO Dispute Settlement Body in the interim report of the expert group noted that Chinese rare earth export restrictions violate WTO rules .

Allegedly , WTO presented to the interim report of the countries concerned , and will listen to China and other countries on the comments in this report , summary of the final report , scheduled to be announced later this year .

In general, the contents of the interim report will be basically reflected in the final report. Panel hearing the equivalent of " first instance " China may be responsible for the WTO Appellate Body of Final Appeal.

According to Japan's "Sankei Shimbun" reported on October 26 in Japan, the U.S. and EU joint prosecution Chinese undue restrictions on exports of rare earths issues, the WTO Dispute Settlement Body 's interim report summarizes the general United States and Europe finds reasonable demands , and advised China to correct inappropriate behavior. Reported that in late November, will introduce the final report is not expected to overturn the judgment of United States and Europe may favor on this issue .

3 years ago, which the waters near the Diaoyu Islands between China and Japan occurred after the collision , as sanctions against Japan , China's rare earth export restrictions .


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Baotou Rare Earth Products Promotion held electronic exchanges

Recently, the Baotou Rare Earth Products Electronic Exchange at launch, from the more than 40 rare earth enterprises to participate in the seminar.

Dilute Exchange since last August 8 listed since the Baotou Rare Earth and other 12 shareholders , driven , has held several board of the exchange operating mechanism , trading patterns, trading products and other aspects of depth and form a consensus . This year, the Financial Plaza office space with decoration conditions, dilute Exchange rapidly launch venue decoration , recruitment and training of operating personnel . October 23 , dilute Exchange all staff moved into the new office area , and trading system for internal testing and simulation of the entire system to run . Promote the meeting , dilute Exchange staff introduced dilute Exchange -related business and processes , dilute Exchange Partners Bank of China , China Construction Bank and Bank staff supervision of bank funding situation .

Currently dilute Exchange already has a pilot operating conditions . Meanwhile, to popularize knowledge of rare earth products bulk electronic transactions , dilute Exchange launched a simulated trading contest .


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Heyuan rare earth industry investment

Reporters learned yesterday from Heyuan City , China New Technology Industry Development Summit and Heyuan mineral rare earth industry investment promotion will be held on 20 to 21 in Heyuan city , the meeting will focus on the territory of Heyuan deep processing of rare earth resources , improve the industrial chain expand investment.

According to the person in charge of Heyuan city , because the past 10 years , the county district every year to illegal Daowa indiscriminate behavior of rare earth mine , although repeatedly hit by the local authorities , but still difficult to effectively deter and eliminate illegal rare earth mine caused the serious soil erosion and pollution of the phenomenon.

To this end , the local government decided to invite the leaders by virtue of the summit , experts, scholars and application of rare earth enterprises for the city's development and deep processing of rare earth green pulse suggestions, Heyuan City Highlights rich rare earth resources , investment environment, industry policies and to encourage signing floor batch processing projects ionic rare earth industry . During the meeting , the city will work with China Minmetals Corporation executives docking, hold on rare earth mine in Heyuan investment promotion tours and related activities .

It is reported to participate in the promotion of the development and processing of rare earth enterprises are about more than 110 participants to more than 200 people .


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Rare collective purchasing and storage enterprises bidding before the end or open Shouchu

"Although as a major national security strategy will advance to the national reserve of rare earth open market , the government has also said it will not explicitly commissioned several companies acquired rare , but forty-five State enterprises were listed on the acquisition of rare earth in the near future , the intention is also worth thinking about . " one analyst told reporters.

Recently began purchasing and storage of rare earth on the national news was hot market , insiders boldly predicted , the fastest will open this month national reserve . And since October , before this and previous official purchasing and storage , companies are pre- acquisition situation similar to the market .

Collectively raise the price listed

" Rare-Earth secondary listing price adjustment , which is due to state purchasing and storage price is not ideal , trying to pull up the price in order to get more profit. "My Nonferrous Metals analyst Li Qing , told reporters that from the point of view of several rare earth companies , led by Baotou Steel Rare Earth , after adjusting for major rare earth product prices , the other companies , and it has remained relatively consistent .

November 11 , Baotou Steel Rare Earth official website again publicly quoted price of rare earth oxides , including oxide, praseodymium neodymium 400,000 yuan / ton, praseodymium oxide 650,000 yuan / ton, neodymium oxide 380,000 yuan / ton, europium oxide 5.6 million yuan / tons. This price than October 31 the company first announced the price has increased, the rate of increase between 5% -12 % .

It is worth noting that last year before the state purchasing and storage , Baotou Steel Rare Earth once in a month, twice a change in listing price . Therefore, the market price adjustment on the Baotou Rare Earth secondary general tendency interpreted as " more clearly state purchasing and storage of rare earth expectations ."

In the Baotou Rare Earth on October 31 for the first time since the publication listing price , less than half of the time, including Minmetals rare earth, rare earth aluminum , Rising colored , Ganzhou Rare Earth Group, including four companies have announced both the respective listing price of rare earth . Among them, Minmetals ( Beijing ) Co., Ltd. Rare Earth Research Institute announced addition to the main rare earth oxides and Rare-Earth similar offer , but also quoted a price of other products , such as praseodymium oxide 650,000 yuan / ton, terbium oxide 4.5 million yuan / ton, dysprosium oxide 2.2 million yuan / ton , yttria 80,000 yuan / ton, lutetium oxide 9,000,000 yuan / ton and erbium oxide 400,000 yuan / ton, prices were higher than the market price.

A national reserve of rare earth market is expected to be more intense, November 14 , rare earth permanent magnet stocks move up sharply , which Tiantonggufen , Din Tai new material daily limit, Ruiling shares rose 6.81 percent , Sheng and resources up 6.02% , up 4.98% Galaxy magnet , Minmetals rare Earth rose 2.51 percent .

But analysts Du Shuai Bing told reporters , in fact, the transaction price is not so good like the stock market .

Shanshan side analyst also said that the capital market for rare earth stocks was indeed exist hype, or to rely on the spot market to boost the real market demand.

"Because of oversupply on the market of rare earth , if the state purchasing and storage of rare earth in the end of this year the implementation strategy, boost market confidence a lot of good , but for businesses, purchasing and storage as in previous years, often in only about half a year after purchasing and storage enterprises will be paid , will result in greater financial pressure companies , if they can improve the relevant conditions , companies would prefer to participate in a whole chain of purchasing and storage . " Edge Shanshan told reporters .

Preparing for state purchasing and storage

"From the main rare earth products currently on the market price of view, if we are to maintain a stable price, so that market conditions stabilized , the purpose has been achieved. But now the downstream demand is still relatively weak , the main business is not to mention the price is good deal , and now again to raise prices , it appears that a few large companies want to move up the price , and now it did not reach the destination , it is likely the price will be listed again . " Li Qing said that .

Li Qing given major rare earth product prices show that from August 30 this year , the main products Ganzhou rare earth neodymium oxide, praseodymium from 365,000 yuan / ton high has dropped to 337,500 yuan / ton, up to a few large companies such as Baotou Rare Earth tone high offer , its price was increased to the current 342,500 yuan / ton.

A rare association of anonymity, said that last year, state purchasing and storage of products mainly include LREE 18,000 tons , 50 tons of europium oxide , yttrium oxide 1500 tons , 300 tons of dysprosium oxide , terbium oxide, 60 tons, but has also not fully disclosed .

Guotai Junan and a previous study reported that this year the state purchasing and storage of the entire purchasing and storage of rare earth plate will have ten billion yuan , and is mainly in the heavy rare earths. Purchasing and storage products 4000 tons neodymium oxide, praseodymium oxide, praseodymium , neodymium oxide, each 500 tons , 1200 tons of dysprosium oxide , or 1,500 tons , 300 tons erbium oxide , also plans Shouchu europium oxide, terbium each 500 tons , 2500 tons or yttria 2000 tons , and lutetium oxide , a total of 10,000 tons or more.

" national reserve of rare earth roughly tricky, but the main problem is how to develop a better system , one in the past, purchasing and storage process, the formation of large enterprises to raise price and combined listed market price lower case this boost rare earth products from the perspective of the market price does not achieve the purpose ; Second , companies will sell products to countries , the return of funds is slow, although higher than the market price, but the pressure is relatively large. " Edge Shanshan , told reporters that at present several large enterprises hang out main product prices neodymium oxide, praseodymium 400,000 yuan / ton, while the market price is about 335,000 yuan per ton .

Insiders also told reporters that now these companies to move up if the price quoted by the union , to achieve the purpose of purchasing and storage , transfer of interest in fact , put a few large central enterprises fattened , good conducive to national integration this game of chess .


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Shandong rare earth new materials industry base opening

Recently, Shandong Province, rare earth new materials industry base in Linzi District , Zibo City, Shandong Province, inaugurated , Linzi District, will take this as an opportunity to focus on creating rare earth industry cluster.

Rare known as " industrial MSG," said , is an important national strategic resource, widely used in petrochemical, precision devices , electronic information and other fields.

Linzi District, as the country's major rare earth separation processing base , the annual equivalent amount of rare earth oxide separation 22,000 tons , accounting for about one-fifth of the country's rare earth industry accounted for over 60% of the province . Currently , the region has a rare earth processing and application of enterprise 7 , can produce 12,000 tons of rare earth polishing powder , but also the production of automotive exhaust catalysts 3,500 tons , 4,000 tons other catalysts .


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