Greenland Open uranium prices of rare earth approved 2.3 billion iron ore project in English
- Details
- Category: Rare Earth News
- Published on Monday, 28 October 2013 13:46
- Written by HJF
- Hits: 1583
According to reports, the Danish parliament on the 25th autonomous Greenland after the vote , the abolition of the implementation since 1988 of radioactive uranium and rare earth mining ban , while London Mining Company was allowed a period of 30 years at the local , worth $ 2.3 billion in large-scale iron ore mining project . Analysis refers to the further opening of Greenland mining market, the future will attract more investors to invest in China and Australia .
Greenland mining law passed last year , this is the first large-scale mining license granted . Mine is located 150 kilometers outside the capital, Nuuk in Greenland Ys China , the annual production is expected to reach 1,500 tons. London Mining will seek joint venture tender , the company issued a statement refers to high-quality iron ore mine is sitting on , and through the annual export of Greenland deep-water port .
London Mining will recruit 3,000 people in three years, construction workers , would mean that only 5.6 million inhabitants of Greenland, a sudden population increase of 5% . Since the company in 2010 , said if Chinese construction enterprises involved in the project will help reduce costs.
Minister of Industry and Mining in Greenland Gierke high describe this grant iron ore project in Greenland moment in history, but also the local biggest commercial projects, employment and income will have an extremely positive impact .
Obtain autonomous status of Greenland in 2009 , the local politicians have been hoping for greater autonomy and eventual independence , through the development of mineral and petroleum industries , reducing dependency Denmark . However, closer political relations between Denmark and the United States , even with the U.S. Air Force base in northern Greenland , the United States worried about Greenland Dan bilateral economic tendencies China .
Denmark for Greenland 's defense and security is still a say , to allow foreign uranium mining should be subject to the Danish Parliament was passed . Funds owned by the Australian " Greenland Minerals and Energy Company " earlier in Greenland may be found outside of China 's largest rare earth deposits. Danish Institute for International Studies scholar Vestergaard said that Denmark and Greenland ongoing legal consultation with an estimated 2015 mining difficult .
Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn
WTO preliminary ruling Chinese rare earth export tariffs too high
- Details
- Category: Rare Earth News
- Published on Monday, 28 October 2013 10:09
- Written by HJF
- Hits: 1523
According to Japan's Jiji Press reported that because of China 's rare earth export regulations lead to trade with China, America, Europe and the proceedings of the WTO (WTO) has basically endorsed the idea of America, Europe , and has issued a tentative judgments related to national notice affirmed that China violated the 2001 WTO accession agreement commitments.
Japanese media said that the WTO is a high-end industrial development of rare earth indispensable material and identified China 's export restrictions and high taxation is a violation of China 's WTO accession in 2001 to make a commitment to withdraw tariff principles . Equivalent to the first instance ruling WTO panel report will be released in mid-November , if the country refuses to accept the award may be related to the WTO High Commission of Appeal.
The lawsuit began last March 13 , led by the United States filed , the United States has been in the rare earth issue with Japan and Europe unemotional exchange of information and views that China 's rare earth export restrictions on high-end industries, and other countries had impact , it is necessary to be resolved through the WTO . While China insists on taking environmental policy is because reduced exports caused .
Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn
Japanese media: WTO preliminary ruling Chinese rare earth export restrictions violation
- Details
- Category: Rare Earth News
- Published on Monday, 28 October 2013 10:03
- Written by HJF
- Hits: 1670
The source said that for the United States and Europe to the World Trade Organization (WTO) against China 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 .
According to reports , WTO presented to the interim report of the countries concerned , and to listen to China and other countries in the comments on the report , summary of the final report , scheduled to be announced later this year . Generally speaking 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 Japanese reports, 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. In late November, will introduce a final report is not expected to overturn the judgment of United States and Europe may favor on this issue .
Reports that deal with trade disputes at the WTO against the United States and Europe the idea prevailed, which means China 20 years to date resources diplomatic strategy to stall. China's rare earth supply peak , it had to meet 97% of world demand for rare earths . China believes that with a strategic resource exports may become diplomatic card .
Reported that three years ago, the same day in the waters near the Diaoyu Islands collision occurs between the incident, as sanctions against Japan , China limits exports of rare earths . Japanese companies realize that excessive dependence on China risk , start rare earth imports from the United States and other places , to take diversification of sources of imports , and the rare earth used for recycling. Less than two years through independent efforts, the Japanese companies to get rid of China 's resource diplomacy control .
China rare earth industry reflects three years ago Chinese people believe that in order to get rare in Japan , will not hesitate to make a political compromise , but the result was China 's largest rare earth exports lost objects . Last year, China 's export volume of 16,000 tons of rare earth , stay in China for about half of government export quotas . Many companies were forced to stop production related industries .
Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn
Future Chinese rare earth export quotas or to expand
- Details
- Category: Rare Earth News
- Published on Monday, 28 October 2013 10:05
- Written by HJF
- Hits: 962
October 25 news, foreign media reports, the WTO has been basically confirmed China in the rare earth export restrictions , export taxes and other practices violated the undertaking , which, Foreign Trade University, China WTO Research Institute Tu Xinquan that China loses within expectations , the future China will expand or rare earth export quotas.
According to foreign media reports, China's rare earth export restrictions due to America, Europe and China triggered earth litigation, WTO (WTO) has basically endorsed the idea of America, Europe , and to notify the relevant national judge issued a tentative , finds Chinese violation the 2001 WTO accession commitments , which means that China will in the first instance proceedings against earth .
Reported that the WTO that the earth is indispensable for the development of high-end industrial material , while China 's export restrictions , export taxes and other practices violated the 2001 China 's WTO accession commitments . It is reported that China 's WTO commitments in only 84 tariff lines of products export taxes , RE is not in its columns.
Tu Xinquan said the United States and Japan of rare earth litigation initiated when there is the United States and Europe , and Mexico had already alleged Chinese restrictions of nine widely used in steel , aluminum and chemical industries exports of raw materials , WTO ruling against China , so China 's rare earth litigation with hopes of winning is not large .
Tu Xinquan said that the current WTO is only tentative judgment issued by the relevant national notice , from the final ruling is still some time, but almost no hope to win the future China will have to cease the levying of rare earth export taxes , but might be able to fight for the export quota .
According to reports , WTO principle, requires the elimination of export restrictions, but provides for two exemptions : "To protect people , animal or plant life or health measures " and " with the protection of exhaustible natural resource-related measures if such measures with restrictions on domestic production or consumption with the implementation . "
Tu Xinquan that most of China's rare earth industry meet the above requirements, but did not do the export quota and the number of domestic consumption to maintain consistency , so China under the framework of the WTO may request to retain rare earth export quota , while the quota extended to the domestic consumption consistent volume level .
In the past, a large number of enterprises export quotas are not exhausted , so Tu Xinquan that, even if expanded export quotas , it would not affect China's rare earth industry , the need to protect domestic rare earth resources tax and other aspects of the design.
Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn
WTO preliminary ruling proceedings against China Rare Earth light rare or meet challenges
- Details
- Category: Rare Earth News
- Published on Monday, 28 October 2013 10:01
- Written by HJF
- Hits: 1678
According to Japanese media reported on the 25th , the World Trade Organization (WTO) dispute settlement panel has preliminary support for Japan, the United States and the European Union on Chinese control of rare earth export tariffs violate WTO rules opinions.
Reporters from the parties confirmed the news . One from Inner Mongolia, sources said , WTO panel had submitted to the Chinese parties a preliminary decision that China 's rare earth export tariffs contrary to the 2001 accession to the World Trade Organization commitments.
Subject: RE litigation China strive
Press the " China Accession Protocol " agreement , China exported products should be abolished for all taxes , unless expressly provided . Annex lists 84 kinds of products specified rate . Wherein the rate of about 10% of rare earth . This should be the duty of the highest standards for collecting rare , but exceptions .
And in 2012 , China's rare earth export tariffs of 25%.
The source said , according to regulations , Chinese exports of rare earths should follow WTO commitments . Apart from export tariffs, the next step will also be faced with rare earth quota system abolished.
WTO litigation on earth , China Securities Network September once "WTO litigation outcome fastest at the end of the great bull market of rare earth policy combing brought " as a theme for in-depth coverage .
Outside WTO panel is expected to consult the views of interested parties in mid-November at the earliest after issue its final report . If the parties are not satisfied with the report to the WTO 's highest court appeal.
Rare earth industry an authoritative source , the decision against China , but the results expected. Next, China will further complaint .
The authorities said that China's rare earth resources, especially in the heavy rare earth supply, and environmental pollution is serious, then to 2000 levels , to impose export tariffs on unfair ; another horizontal contrast rest of the world for copper , nickel, etc. scarce resources export tax is also far more than the 10% level . To this end, China rare earth export tariffs increase is reasonable .
It is said , WTO litigation fastest at the end of the outcome.
Experts said that according to regulations , adjust the new export tariff and quota policies can have a grace period of six months to one year , which may be no later than early 2015 RE tariffs, quotas fully liberalized .
Before 2009 , China rare earth prices have a prolonged slump , which compete with domestic enterprises competing prices exporting to some extent. And currently , the rare earth industry overcapacity more serious. People are very worried about , there is no quota management system , the rare earth industry to return "cabbage price " era.
Solution: build a large group
Counselors' Office of the State Council of China Nonferrous Metals Industry Association's 2013 China Rare Earth Forum on the 26th held in Guangzhou. MIIT RE Office Jia Yinsong detailing the restructuring of China's rare earth policies .
He revealed that the rare earth industry little messy situation has improved, but the need to further promote the formation of large enterprise groups .
Insiders , WTO rules do not support the number of Member States to restrict exports and setting high tariffs behavior , but allows member states to manage exports through export qualification . Of formation of large rare earth enterprise groups can contain rare earth Luancailuanwa , effective management of rare earth exports .
This year, our efforts to rectify the earth Luancailuanwa space , many illegal trade of people have been held criminally responsible , but also for the purpose of possible litigation against WTO rare earths results rainy day.
The Association Vice President Wang Qin China Nonferrous suggestions, LREE classification management ; production of mandatory plans to play the role of markets ; establish Rare purchasing and storage system .
Some analysts have said that by communicating with the WTO after the release of some varieties may be exported , namely light and heavy rare earth export of differentiated management , such as the light rare earth export management to some extent liberalized, but the heavy rare are still implementing conservation policies.
Challenge: light rare earth or bear the brunt
From LREE or differentiated management point of view , WTO litigation exports of rare earths after the New Deal , once implemented , the biggest variable is the light rare earths .
If you release the light rare earth exports , the impact will be much ?
Last two years, China's rare earth exports decreased significantly in 2012 rare earth export quota only half , for two main reasons : one is the 2011 rare earth prices have rocketed ; Another is rare earth export tariffs raise the cost .
Exports of rare earths after the opening , along with cost reduction , China Overseas orders may increase. In addition, only 10% of the low tariff levy will squeeze smuggling enterprise or living space , the formal large enterprises more profitable .
In addition, the light rare earths , is about 75% lanthanum oxide , cerium oxide , 25% neodymium oxide, praseodymium . This year, although domestic sales of active neodymium oxide, praseodymium , cerium oxide, lanthanum , but demand for light , the price rarely picked up, but these two species are selling well overseas . Rare New Deal, cerium oxide, lanthanum market or start .
However, the global light rare earth rich in natural resources , coupled with overseas expansion, as well as more than 1,000 Chinese traders or dumping, light rare earth market competition will be fierce . Face more downward pressure on rare earth prices .
Baotou Steel Rare Earth to be operational in November China's rare earth exchange to dominate the global rare earth prices . When the light rare earth or staged price war .
Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn
More Articles...
- Rare "hitting" normalization will supervise illegal localities and enterprises
- Ministry to increase the exploitation of rare earth industry remediation efforts
- China Rare Earth Products Exchange will be held on November 8 test run
- Xingtai City, rare earth and other prohibited or limited batch project faces