Northern Development Canada Minister Bernard things said that if the remaining Avalon Rare Metals can get the required permits and resolving conflicts between aboriginals will give its near the city of Yellowknife, Northwest Territories Nechalacho project the green light.

Nechalacho will become Canada's first rare earth mine in 2017 began construction . Headquartered in Toronto , explorers describe it is in addition to China 's largest rare earth deposits outside of one and the " world's most advanced large-scale heavy rare earth development projects. "

Avalon intends rare earth concentrate by rail will be sent to Louisiana refineries.

The mine is expected to have more than 20 years of life , it takes about 220 staff to operate .


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If oil is the God-given gift of the Middle East , China is undoubtedly rare gifts received . But recently heard of the World Trade Organization (WTO) dispute settlement mechanism panel ruled that the interim report of the results , but for this " gift " cast a haze.

China has been a year and a half finally came news of rare international litigation , allegedly WTO dispute settlement mechanism expert support for the U.S. , Japan and the EU against Chinese rare earth export restrictions policy violations aspirations. Although the final report also require 1-2 months of time before the Foreign officially open , and the Ministry of Commerce , Ministry of Industry and the China Association of rare earth management departments and industry organizations were not confirmed to the outside , but on the 4th afternoon, the rare earth industry analyst economic Herald reporter on the edge Binbin said, " according to information at our disposal , in this country is indeed lost a lawsuit . "

After losing the right side is about to produce a great impact on the rare earth industry , while it is rare earth industry this year in the capital market of wind and water. Lost, bring in the end is the "disaster " or " consolidation opportunities " ?

Aggravate plight of the industry

Binbin in the side view, rare defeat in international litigation , means that China will be forced to the existing policy of rare earth export quota of rare earth export tariffs to be adjusted , " China's rare earth export controls may have to end . "

March 2012 , the United States , Japan and the EU has three trade disputes brought to the WTO claims that China against 17 ​​kinds of rare earths and tungsten, molybdenum export quotas and export duties and other restrictive measures imposed . After fruitless bilateral consultations , in September 2012 , set up by the WTO Director-General panel to adjudicate . Prior to 2011 , WTO had ruled China for bauxite, coke , magnesium and other 9 kinds of restrictions on exports of raw materials policy violation of WTO rules .

"Previously , China's rare earth industry has been a resource to earn by selling foreign exchange earnings , hence the ' cabbage price ' situation. Meanwhile, driven by profit , resulting in excessive export chaos . Based on this situation, the relevant state agencies to find ways to control and eventually taken to develop rare earth export quotas and other administrative means . "So , while Binbin that, once the elimination of export quotas of rare earth prices will once again be affected.

" may also appear again over- exploitation of resources , destruction of the environment , excessive export of such phenomena . A simple example , in the future , a large order of foreign rare earth in China is bound to cause intense competition between enterprises , triggering a price war , which will also result in the loss of low-cost domestic resources . Especially in the current environment, China's rare earth industry has not been fundamentally improved internal circumstances, forced open the industry is bound to exacerbate difficulties. " Edge Binbin said.

At present, China's rare earth industry's profitability situation is not optimistic. Data show that from January to August this year , China's rare earth mining and smelting industry realized main business income of 45 billion yuan , down 14.9 percent ; realized profits of only 3.2 billion yuan , down 62.1% ; rare earth products import and export trade $ 1.4 billion , down 39.4 percent .

It is reported that , in the face of international litigation unfavorable situation , management has been considered more flexible and rational policies instead of across the board, dogged terminal control , such as stress the importance of market allocation of ways to improve the role of mandatory production plan , through fiscal transfer payments rare earth resources to compensate reduction from the source to illegal mining of rare earth resources , overcapacity of power.

"As far as we know, a lot of long-term demand for rare earths are thinking of buying pushed back orders, once the export quotas , they will have a lot of bargaining space and objects , the price will be lower than it is now . " Edge Binbin representation .


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Yesterday, the Beijing Chinese Commercial News reporters Cong Baotou and Xi Tu Products Exchange Limited General Manager Gu Ming Chu confirmed, was postponed nearly three months on the country's first rare earth exchange into trial operation in November , " but the exact date has not been OK . "

Gu Ming said that at present , the rare earth exchange of software and hardware are ready , " is in the simulation run in the same time, the system is also under promotion . As for the specific cooperative enterprises, it is not yet revealed . "

According to the Beijing Daily reporter, rare earth Exchange born in August last year , which led by the Baotou Rare Earth , the other 11 central and local large enterprises jointly funded the establishment of rare earth , this is known as the first national rare earth trading platform , was seen as a rare earth industry consolidation in the industry an important carrier wave , was given "to increase market transparency earth , forming a fair, open and equitable prices of rare earth products " such as multiple tasks. However, the past year, the exchange has lagged because he has suffered hardware improvements , software and other immature shackles , was postponed on.


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November 4 , Ganzhou Rare Earth Mining integration project EIA report for the Ministry of Environmental Protection approved . Insiders told reporters , Ganzhou Rare Earth Mining mining operations discontinued nearly two years after the approval of the Ministry for Environmental Protection is expected to re-open the mine . According to Ministry of Environmental Protection before the publicity Ganzhou Rare Earth EIA report submitted abridged , Ganzhou Rare Earth integration project in two phases , one intends to integrate mine 48 to 14 .

November 4 , Ganzhou Rare Earth Mining Integration ( a ) project in October 28 to get the ministry approval, which means discontinued two years of Ganzhou Mining mine is expected to re- mined.

According to the show , Ganzhou Ganzhou Rare Earth is directly under the government -owned enterprise, established in December 2004 , the SASAC Ganzhou cash shares from established, Ganzhou Rare Earth Mining is the only mining right people, with 44 mining permits .

Nearly two years , Jiangxi , Ganzhou Rare Earth remediation efforts are also much outside attention. According to the General Office of Jiangxi Provincial Government " on the issuance of Ganzhou Rare Earth rectification program of work notice" and Ganzhou government " on the issuance of abandoned mines in Ganzhou environmental governance to implement the views of the notice" , Ganzhou rare earth mine in the second half of 2011 production.

The Ganzhou Rare Earth integration project in two phases. One including County Long County and given the integration of rare earth mineral rights , two including full south, Anyuan , Xinfeng , Xunwu , Ning County, Jiangxi Rare Earth and tenements of integration.

An integration project originally planned to be 48 to 15 mines integration , Long South 16 Integration of four , will be integrated into the South 32 11 . However, due to the dragon 's cave -rich southern foot pit mine with highway and were not included in this consolidation projects , so long by the 15 South practical integration of three mines mines .

" The integration of mining rights , help to curb illegal mining of private mining and Ganzhou Rare Earth co-ordinated management ," Essence Securities analyst Qi Ding told reporters.

According to the EIA file briefings, Ganzhou Rare Earth integration projects using in-situ leaching mining process, the production scale of 24,325 tons / year of rare earth ammonium bicarbonate ( equivalent to 92% of the mixed rare earth oxide 6950 t / year ) , the total investment 1.36 billion yuan environmental Protection estimated investment of 510 million yuan , accounting for 37.8% , mainly used in the mining area historical waste land and ecological restoration of mined-out area and stope tail water collection treatment.

Ionic rare earth ore supply more adequate

Obtain approval of the Ministry of Environmental Protection Ganzhou Rare Earth , it has recently backdoor Wei Hua shares rare earth companies , industry insiders believe , Ganzhou Rare Earth mines resume production soon , the company will increase the supply of ionic rare earth mine , is conducive to growth for the company . However, the company is also facing the challenges of the current oversupply of rare earth market .

" Ganzhou Rare Earth discontinued more than two years , by the end of 2011 has basically no rare earth products , if the recovery mining production , capacity to be released , results of operations will be greatly improved . " a rare earth industry analyst , told reporters.

However, the rare earth industry analyst Du Shuai Bing told reporters that Ganzhou Rare Earth mines resume production , ion ore supply capacity will be enhanced, but the current market will not have much effect , "because the current market, is already a glut of rare earth stage , it is important if it is downstream demand , driven by rare earth prices continue to rise , " so it can only form a good performance .


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