May 12, 2014 Price of rare earth products

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Reporters from the Municipal Bureau of Statistics, National Bureau of Investigation Team was informed Baotou 1-March, the city above the existing scale of 34 rare earth companies, operating rate of 91.2%, total industrial output value of 2.04 billion yuan; sales revenue 1.81 billion million, down 25.3%; profit 210 million yuan, down 4.7 percent year on year; taxes paid 170 million yuan, down 1.9%.

Judging from the export of rare earth industry export delivery value of 31 million yuan, down 47.2 percent. In summary, these city-scale rare earth industry in the international market in the doldrums, under the influence of rare earth products prices continue to decline and many other negative factors, production and efficiency were significantly decline.


Rare Earth Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
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Ukrainian County insisted rare regulatory responsibility center of gravity, sooner, strengthen the body township , village head of accountability mechanisms , the initial realization of a virtuous cycle of rare earth regulation.

Implementation of regulatory responsibility . The county implemented the township ( town ) as the main body , the village was in charge of rare earths regulatory responsibilities . Village-level regulatory change from passive to active, once the illegal exploitation of signs occur , stop to timely and effective manner , so that even if some of the remote boundary illegal exploitation phenomenon can guarantee no spread , not expansion. 85 village-level coordinators of the county , but also the implementation of the regulatory wage of 500 yuan per person per month , included in the annual budget of the county treasury .

Sound assessment mechanism. 14 rare earth township ( town ) have been developed and introduced on the illegal exploitation of rare earth village a specific assessment criteria of regulatory responsibility , the soft task is hard to quantify indicators , and the implementation of specific persons responsible for supervision of the work is done well Village , the county will be rewarded ; Where an example of the illegal exploitation of rare earth mine , but powerless to stop the timely implementation of reprimand, deduction of wages of the month , if we find two cases of illegal mines , the coordinators of the village always dismissal , deductions from wages throughout the year.

Strengthen supervision and inspection. Township (town ) take further strict inspection measures to the township ( town) supervisor 's name, phone number , job responsibilities , such as making cards , erected in place responsibility lot more significant purpose , convenient masses, but also conducive to the masses supervision. Meanwhile, the township (town ) , deputy secretary in charge of the implementation led twice-weekly regular inspections and inspections conducted Bulletin, strengthen the village Regulated illegal exploitation of rare earth work supervision. Not long ago, two village branch secretary was dismissed due to lack of supervision , there is a village head for their participation in the illegal exploitation of rare earth and sentenced to dismissal from the investigation .


Rare Earth Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
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Although the WTO against China rare earth dispute seems to have become inevitable, but the industry view , the failure of international litigation is rare may not be entirely bad news , or the rare earth industry Forced detonated accelerate our market deregulation . Some experts pointed out that " only by closing the resource is not useful , foreign matter, internal to loose . Discourse is an ability to control , is a whole chain of control over the rare earth industry , the need for resources, technology, markets, three indispensable .

In fact , in order to promote domestic consumption of rare earth , local governments are actively studying other metals market experience , and actively promote the construction of rare earth products exchange platforms , such as the first specialized in rare earth products Spot Electronic Trading Center - Southern Rare Earth Products Exchange Trading Center was officially opened on January 4 this year, operators in Guangdong Pingyuan . Baotou Rare Earth Products Exchange followed , also on March 28, 2014 immediately after the opening.

It is reported that South Exchange on the trading platform of rare earth , rare earth oxides has become normalized, securitization, electronic, circulation of goods monetization , or will become the gold , and a variety of international investment after silver . Some analysts have pointed out , this may mean that the era of rare earth products securitization has officially arrived.


Rare Earth Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
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