November Jiangxi Rare Earth prices, tungsten concentrate prices fall
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- Category: Rare Earth News
- Published on Tuesday, 17 December 2013 14:06
- Written by HJF
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According to Jiangxi Provincial Price Monitoring Authority to identify price monitoring : November , Ganzhou high yttrium oxide ( REE) , yttrium europium compounds ( RE ) retail price of 220,000 yuan per ton , respectively, and 210,000 yuan , respectively, compared with a monthly rise in prices 4.76% , 5.00% , down 12.00% , respectively , 9.52% ; Ganzhou retail price of 130,000 yuan per ton tungsten concentrate , fell 7.14 percent month on month , up 12.07 percent year on year .
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The official issued a rare order integration, integration of rare earth Guangdong completed within four years
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- Category: Rare Earth News
- Published on Tuesday, 17 December 2013 14:04
- Written by HJF
- Hits: 669
Yesterday , the Guangdong provincial government announced "on promoting the integration of the rare earth industry in our province ," and proposed future will be the province 's rare earth industry group as the main two steps to achieve the integration of rare earth resources in the province : the end of 2013 , through alliances, mergers and acquisitions, joint ventures and other market measures , integration of existing rare earth mining, smelting and separation of enterprises, and to form a cooperative mechanisms and resources ; basically completed by the end of 2015 the province of the rare earth industry chain integration .
Rare is the extensive use of 17 kinds of chemical elements . Prior to the development of domestic existence decentralized , low-cost export chaos , since 2008 , the relevant departments of export quotas starting from the strict control , the gradual tightening industry regulation ; May 2011 , the State Council issued a document to determine the direction of development of rare earth : a large-scale enterprise -led, strictly control the number of enterprise groups.
For the occupation industry Heights , in February this year , Guangdong Rising Assets Management Co., Ltd. with the main body established "Guangdong Rare Earth Industry Group " , opened the prelude to the province's industrial integration .
"Opinions" that the government will focus on supporting new rare earth industry group bid for exploration and mining rights , while the group led, government-enterprise cooperation and Shaoguan , Heyuan, Meizhou , the centralized development, centralized operations.
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China currently looking to cut exports of rare earths
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- Category: Rare Earth News
- Published on Tuesday, 17 December 2013 13:54
- Written by HJF
- Hits: 650
China indicates the current seek to cut exports of rare earths , which is the first in the country in the past two years, aims to cut rare earth exports.
Although rare earth mining rivals intensified , resulting in China 's proportion of global production continues to shrink , but the world's supply of 17 kinds of minerals have about eighty percent are still in the hands of China . Beijing has been controlled by the supply of export quotas , although China 's rare earth exports due to weaker demand in the past two years did not meet the quota level .
Chinese Ministry of Commerce said on the 13th , 2014 the first batch of rare earth export quota of 15,110 tons , a decrease of 2.5 % compared with the first batch of rare earth export quotas last year . Basically, the first half of the quota next year to determine the annual trend , since about half of the first full year quota general quota . The Chinese government announced the second batch of rare earth quotas usually around July .
Reported that , if China announced the second batch of quotas in 2014 is consistent with the trend of the past , then the country's rare earth export quota will be the first decline since 2012 . Since 2005 , China has gradually cut rare earth export quotas , this situation reversed to appear until 2012 .
According to reports, China 's rare earth export quota for 2010 will be reduced by 40% , this results in the consumption of rare earth metals and related industries in developed economies panic . Rare earth metals used in the manufacture including missile defense systems and smart phones , including a series of important scientific and technological products.
According to Chinese customs statistics, China's top ten months of this year exports accounted for only 57 percent of rare earth quota throughout the year . Last year, Chinese exporters have used only 52% of the Commerce Department quotas.
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Tariff Implementation Plan published in 2014 the import tax rate of 0% RE
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- Category: Rare Earth News
- Published on Tuesday, 17 December 2013 13:57
- Written by HJF
- Hits: 628
Ministry of Finance website today announced the 2014 Tariff Implementation Plan . The program clear , 2014 will be " not mixed rare earth carbonate " Performing 0% of the imported goods provisional tax .
2014 will be " not mixed with each other or fused rare earth metals, scandium and yttrium " Performing 0% of the imported goods provisional tax .
2014 will " have mutually mixing or fusion of rare earth metals, scandium and yttrium, battery grade " Performing 0% of the imported goods provisional tax .
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2014 rare earth export policy unchanged, to win time for the Chinese to adjust
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- Category: Rare Earth News
- Published on Tuesday, 17 December 2013 13:51
- Written by HJF
- Hits: 662
Ministry of Commerce announced on the 13th , the first batch of rare earth export quota for 2014 total of 1.51 million tons. The 2013 full-year total rare earth export quota of about 30,000 tons . Industry analysts said the rare earth export quotas generally issued in two tranches , the first number from 2014 , the 2014 export volume of rare earths should be flat with last year . Meanwhile the Commerce Department disclosed tungsten export quota of 1.36 million tons, down conversion and export volume last year is quite .
Expected by the end of this year will be the outcome of litigation WTO rare baked "Boots " has yet to fall . Near the end , to the people , such as the Ministry of Commerce and Ministry of Finance in 2014 export quotas for 2014 tariff adjustment message, then release the rare metal export policy yet adjusted signal.
March 2012 , the United States , European Union and Japan litigation WTO, that China's implementation of export quotas of rare metals , high tariffs and other policies, contrary to the relevant provisions of the WTO .月初11, WTO litigation preliminary outcome , finds China lost. Industry expectations , the final results will be released in a lawsuit in November , China is facing rare metal export policy adjustments .
However , the final results showed that Chinese exports of rare metals policy yet adjusted . Treasury news also confirmed this point . 11, the Ministry of Finance issued the message " from January 1, 2014 will be part of the tariff adjustments" mentioned in the text of the items to adjust tariff rates is not rare .
Rare earth industry , a senior official said , WTO final results have not yet introduced , China can continue to use the previous export policy . On the other hand , even with the final results , Chinese export policy adjustments will remain rare transition period , this transition period may be a year to a year and a half . From the Ministry of Commerce and Ministry of Finance of the message , the 2014 China Rare export policy is not adjusted . He believes that , in line with China's interests . The analysts believe that , after the market had expected policy changes have a transition period , so in 2014 the export of rare metals policy is not adjusted in line with market expectations.
Chinese iron ore and other commodities lacking , but rich in rare earth, tungsten , molybdenum, antimony and other reserves. To conserve resources, protect the environment , in recent years , the Ministry of Commerce issued a rare reduction of export quotas , export duties and a series of additional policies . For example, the 2013 tariff embodiment is a rare earth , rare earth mining rate of 15% , the rest of the rare earth smelting and processing impose a 15% to 25 % of the tariff .
Industry sources, this was included in the WTO litigation rare species including rare earths , tungsten and antimony .
Rare greater impact on China 's export policy . First, this is a wide-ranging impact on international trade war against China in overseas countries to protect the collective consciousness of the advantages of resources to defend the war ; Secondly , rare earths, tungsten export market share is high, especially for the export of rare earth 90% , once the export policy adjustments will affect the development of the industry .
Authorities are very worried that once the WTO lawsuit against China rare earth industry is not export tariffs and quota restrictions , the manufacturer of rare earth prices will fall like before the melee , rare return to the " cabbage price" era. Since more abundant light rare earth resources , the export restrictions are liberalized, it will face stiff competition.
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