MIIT: corporate restructuring assess appreciation of the rare earths, which do not levy income tax

This morning, Minister of Industry and Information Technology Miao Wei introduced comprehensive deepening reform and accelerating the industrialization of new work , and answered reporters' questions . Miao Wei said that in mergers and acquisitions of rare earth , infant formula and other industries , the Ministry is exploring fiscal and financial policy support , as is often said that we should pay a lot of business in the future through the assessment , there is a great appreciation of asset appreciation after a high income tax , the Ministry will promote the appreciation of this part can no longer corporate income tax.

Miao Wei said that in rare earths , such as infant formula in the number of firms in many industries , small scale, lack of market competitiveness. Encourage the promotion of corporate mergers and acquisitions , the government should prevent the past planned economy appeared in the role , but to create a relatively good environment for corporate mergers and acquisitions , relatively good condition. For example , now due to zoning restrictions of competition , a lot of very difficult cross-regional mergers and acquisitions involving GDP between how the two count , how grading issues related to taxation between the two places , the government should help solve these problems. As another example , cross-ownership mergers and acquisitions, private enterprises to participate in the reform and restructuring of state-owned enterprises more complex, between enterprises and should be negotiated by the negotiation.

He believes that the government in dealing with corporate mergers and acquisitions process should also give some fiscal and financial policy support. For example, corporate mergers and acquisitions , often after many enterprises through the assessment , there is a great appreciation of the assets , the appreciation of the future have to pay a high tax , the government has taken over the case special treatment approaches in the future may want to push the case management becomes universal policy , which is assessed after corporate mergers and acquisitions , can no longer be part of the appreciation of corporate income tax.

In addition , financial loans, there is little to adapt to domestic corporate restructuring , relatively long term loans , but there are ways the international capital markets to finance the lightning , that money needs to corporate mergers and acquisitions , financing from the capital markets , will soon be able to get the approval of the regulatory authorities , to raise a sum of money from the market .

" All in all , whether it is rare or, in other industries , what we are to create a relatively fair and equitable environment for enterprise mergers and acquisitions in this way . Of course, the real decision-making power corporate mergers and acquisitions , autonomy is still in business, not in the government. "


Rare Earth 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

December 23 rare earth products price quotes

December 23 rare earth products price quotes

Name Specifications Origin / Mark Reference Price Average Change
Rare earth carbonate REO 42.0-45.0% Domestic 26000-27000 yuan / ton 26500 0
Lanthanum oxide La2O3/TREO 99.5-99.9% Domestic 22000-23000 yuan / ton 22500 0
Cerium oxide CeO2/TREO 99.5-99.9% Domestic 23000-25000 yuan / ton 24000 0
Praseodymium oxide Pr6O11/TREO 99.0-99.9% Domestic 560000-580000 yuan / ton 570000 0
Neodymium oxide Nd2O3/TREO 99.0-99.9% Domestic 315000-325000 yuan / ton 320000 0
Samarium oxide Sm2O3/TREO 99.5-99.9% Domestic 18000-19000 yuan / ton 18500 0
Europium oxide Eu2O3/TREO 99.95-99.99% Domestic 4500-4700 yuan / kg 4600 0
Gadolinium oxide Gd2O3/TREO 99.5-99.9% Domestic 164000-169000 yuan / ton 165500 0
Terbium oxide Tb4O7/TREO 99.95-99.99% Domestic 3300-3500 yuan / kg 3400 0
Dysprosium oxide Dy2O3/TREO 99.5-99.9% Domestic 1700-1800 yuan / kg 1750 0
Erbium oxide Er2O3/TREO 99.5-99.9% Domestic 340000-350000 yuan / ton 345000 0
Yttria Y2O3/TREO 99.995-99.999% Domestic 55000-65000 yuan / ton 60000 0
Praseodymium , neodymium oxide (Nd2O3 + Pr6O11) / TREO ≥ 75.0% Domestic 310000-320000 yuan / ton 315000 0
Metal lanthanum La / TREM ≥ 99.0% Domestic 53000-55000 yuan / ton 54000 0
Metal cerium Ce / TREM ≥ 99.0% Domestic 58000-62000 yuan / ton 60000 0
Metal Pr Pr / TREM 96.0-99.0% Domestic 590000-610000 yuan / ton 700000 100000
Neodymium Nd / TREM 99.0-99.9% Domestic 410000-420000 yuan / ton 415000 0
Metal terbium Tb / TREM ≥ 99.9% Domestic 4800-4900 yuan / kg 4850 0
Dysprosium Dy / TREM ≥ 99% Domestic 2800-3000 yuan / kg 2900 0
Metal yttrium Y / TREM 99.9-99.95% Domestic 270-290 yuan / kg 280 0
Lanthanum cerium metal Ce / TREM ≥ 65.0% TREM ≥ 98.5% Domestic 45000-47000 yuan / ton 46000 0
Praseodymium neodymium metal Pr / TREM 20-25% Nd / TREM 75-80% TREM ≥ 98.5% Domestic 390000-400000 yuan / ton 395000 0
Praseodymium , neodymium and dysprosium metal TREM ≥ 99.0% Domestic 425000-435000 yuan / ton 430000 0
Battery grade mixed rare earth TREM ≥ 99.0% Nd / TREM ≥ 15% Domestic 135000-145000 yuan / ton 140000 0
Dy alloy Dy80% Domestic 1950000-2050000 yuan / ton 2000000 0



Rare Earth 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

December 23 rare earth market price quotes

RE market due to market without support , continuous deserted run . End approaching, some manufacturers to stop production, and downstream market demand weakened , the actual turnover is more scarce, the market in recent times , or will continue to be vulnerable to run .

Dysprosium oxide mainstream manufacturers tax 170-180 yuan / ton, dysprosium iron mainstream manufacturers tax price 195-205 yuan / ton.

Praseodymium oxide mainstream manufacturers tax price 560,000-580,000 yuan / ton. Neodymium oxide 315,000-325,000 yuan / ton.

Lanthanum oxide manufacturers tax price 22,000-23,000 yuan / ton. Cerium oxide mainstream manufacturers tax price 23,000-25,000 yuan / ton.

Neodymium oxide, praseodymium mainstream manufacturers tax price 310,000-320,000 yuan / ton , praseodymium , neodymium metal mainstream manufacturers tax price 390,000-400,000 yuan / ton.

Fluorescent europium oxide mainstream manufacturers tax price 4,500-4,700 yuan / kg. Terbium oxide phosphor grade tax price of mainstream manufacturers 3,400-3,500 yuan / kg.


Rare Earth 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

Application of new materials to the Baotou Rare Earth CAS President Bai Chunli visit

December 21 , CAS President Bai Chunli line to the Baotou Rare Earth New Materials study applied research . Inner Mongolia Autonomous Region Party Committee, Party Secretary Wang and Baotou , Inner Mongolia Autonomous Region Vice Baixiang Qun , Inner Mongolia Autonomous Region Party Secretary Bai Baoyu Science and Technology Department , Minister Li Bingrong , Baotou Steel leaders , He Weihua , Ren Fu , Baotou City Secretary Hui-Ming Wang accompanied the expedition .

In Rare Earth Research Institute , responsible comrades details of the work done in recent years in the development and application of rare earth resources to Bai Chunli . In rare treasure Bo Medical Systems Co., Ltd. , Baotou Rare Earth Nano Material Co., Ltd. Jin Jie , Bai Chunli into the workshop, visit the company's production process and the latest R & D results.

Inspection, Bai Chunli of Baotou achieved in recent years in the development of rare earth industry fully affirmed the achievements . He said , Baotou municipal government attaches great importance to scientific and technological work , vigorously develop strategic emerging industries , in terms of rare earth resources in research, development, application , and personnel training have done a lot of fruitful work , and achieved good results . Rare earth resources as an important strategic resource for national economic development , subject to a wide range of domestic and international concern and attention, but also a good opportunity for the development of rare earth industry . I hope to seize the strategic opportunity Baotou Rare Earth Industry Development , continue to actively promote scientific and technological innovation , accelerate structural adjustment , focus research efforts to increase research and development of rare earth new materials , new technology applications, scientific research efforts to enhance the capability of independent innovation , and strive to develop more application of rare earth products with independent intellectual property rights , the real resource advantages into economic advantages .

Bai Chunli , said Baotou Rare Earth Industry Development obvious advantages , great potential and broad prospects for scientific and technological innovation . Hope to accelerate the establishment of the Chinese Academy of Baotou and closer cooperation relations , accelerating the pace of major science and technology industrialization projects building efforts in applied research breakthroughs achieved the rare earth new materials as soon as possible , to achieve mutually beneficial cooperation and win-win development .


Rare Earth 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

China's rare earth industry is facing "external attack" Challenge

" At present, the production of rare earth industry to fully surplus , and foreign rare earth mine in the exploration and development and new achievements . ' external attack ' below , the situation of China's rare earth enterprises is very optimistic . "President Baotou Rare Earth Research Institute杨占峰not without concern said.

It is understood that the amount of China's rare earth resources proved once accounted for nearly 90 % of the world 's rare earth industry has developed rapidly , fame . Today, the production in the upper reaches of China's rare earth industry , such as the separation of rare earth smelting, alloy materials, and other areas can have serious excess capacity, while at the international level , the United Kingdom , Russia and other major developers have announced the news of rare earth projects , which will allow domestic rare earth enterprises flu preparation pressure.

Secretary-General of China Rare Earth Industry Association马荣璋other industry sources, the current separation of rare earth smelting enterprises have more than 110 , with an annual capacity of about 300,000 tons , but in 2012 China 's rare earth separation smelting legitimate product yield only 8.2 million tons in recent years global annual consumption of rare earth is only about 12 million tons. So accounting down , comprehensive utilization rate of China's rare earth separation smelting enterprises less than 30 %.

" stimulated by economic interests , over the past few years , China's production of rare earth alloys expanded rapidly , showing a general overcapacity situation. " Zhuang Zhigang said.

Although rare in the upstream business serious excess production capacity , but all over the rare earth industry in our new projects and industrial parks are still large numbers.

" In 2000, the annual output of NdFeB rare earth permanent magnet materials can only 0.8 million tons, in just 10 years, the production capacity will grow by 30 times , but the expansion, the new project is still emerging. " Beijing Channel Consulting Co. analyst Chi Wu Chen -hui said.

Since 2010, many parts of China 's rare earth industry in the construction and planning of the park , across the country about 18 rare earth industrial park. These parks and many more resources for the core extends downstream industries , involving rare earth smelting and separation of rare earth alloy materials production and processing , planning and similar low-level redundant construction of a serious problem .

Although the domestic rare earth industry capacity has been saturated , but affected by the international market factors such as rising prices of rare earth , the United States , Australia, Russia , India, Brazil , Thailand and other countries in recent years have started to recover or start the development of rare earth resources. As these projects come on stream , China's rare earth industry will face even greater pressure on the operation .

For this external pressure , insiders believe that not a bad thing . Zhang Anwen , deputy secretary general of China Society of Rare Earths , said: " Supply pattern changed in favor of China's rare earth mine life extension , in favor of sustainable use of rare earth resources . Over the past 20 years, the world's rare earth supply is heavily dependent on China , leading to excessive consumption of China's rare earth resources , illegal exploitation , destruction of the ecological environment issues outstanding. "

In the formation of large rare earth group speed , while China will by environmental verification , environmental restoration , resource tax reform and improve industry access policies , mandatory plan to optimize production management , improve relevant laws and regulations and other measures to increase the production capacity of rare earth behind out of efforts to further promote the transformation and upgrading of industrial structure of rare earth .

"In the future , the development direction of China's rare earth industry is the production of high value-added products must raise the level of resource utilization , improve product competitiveness , so as to maintain the advantage. " Marong Zhang said.

The industry believes that the global supply of rare earth diversified pattern has formed , our share would decline, but the future of China's rare earth dominance in the international market will be difficult to shake. Currently, foreign rare earth development projects mainly produce light rare earth products, so the light rare earth products in the future market competition will become increasingly intense, but China will dominate the production of heavy rare earth supply .


Rare Earth 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

 

WeChat