November 7, 2013 , south Exchange Trading Center & rare earth products product Settlement base signing ceremony was held in Shenzhen . South Exchange with the Guangdong Provincial People's Government signed a Pingyuan rare earth products cooperation framework agreement to jointly set up the Guangdong Southern rare earth products trading center and southern settlement of rare earth products base in Guangdong , and settled in Pingyuan County , Guangdong Province . President of South Exchange Cao Minghui , Pingyuan County Magistrate Liu Chuan Xu attended the signing ceremony.

It is understood that Guangdong Province Pingyuan has rich rare earth resources, and has a high grade, with copies of a good , easy to exploit , many types of features , with an average grade of 0.18% , in the development of rare earth industry, has formed a mining Pingyuan , processing, separation and other relatively complete industrial chain , rare earth new materials have become Pingyuan most basic , the most promising industries.

Liu Xu Chuan county made ​​at the signing ceremony , Pingyuan to establish three national rare earth industry center : the first is the rare product development center, Chinese Academy of Sciences and the China University of Geosciences joint establishment of the National Engineering Laboratory Center , to seize the high ground ; second is the rare product quality testing analysis center , the establishment of industry standards , has been approved by the Guangdong Provincial quality Supervision Bureau ; third is the rare earth trade centers, namely the establishment of this trading center and settlement of rare earth -based projects in collaboration with the South Exchange contract . Through these three centers will the whole industry chain integration as a whole, led the development of the rare earth industry .

Cao Minghui president, said the seven rare South China Securities Regulatory Commission approved the Exchange category was June 17, 2013 officially listed for trading , the formation of strategic cooperation with Pingyuan will further promote the sustainable development of China's rare earth industry . RE through South Exchange electronic trading platform , can reduce transaction costs and logistics industry, will become a rare earth from a simple industrial investment goods , mobilizing private capital to participate in purchasing and storage , which can effectively prevent the loss of precious metal . Future cooperation will be further standardized and Pingyuan launch rare earth products to accelerate the flow of trade of rare earth , rare earth strategy for the country to achieve the purpose of purchasing and storage of rare earths .


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December 11, 2013 market price of rare earth products

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Today, the rare earth market weakness to run. Some suppliers due to sluggish market conditions , in order to stimulate the market low offer , but the actual market demand , incompetent, weak steady dominated the market as a whole .

Dysprosium oxide mainstream manufacturers tax 175-185 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 23,000-24,000 yuan / ton. Cerium oxide mainstream manufacturers tax price 23,000-25,000 yuan / ton.

Neodymium oxide, praseodymium mainstream manufacturers tax price 315,000-325,000 yuan / ton , praseodymium , neodymium metal mainstream manufacturers tax price 405,000-415,000 yuan / ton.

According to sources , the private sector SRE Minerals announced the discovery in North Korea reportedly the world's largest reserves of rare earth deposits , preliminary assessment showed that the total amount of 6 billion tons of mineral potential , totaling 216.2 million tons of rare earth oxides , theoretically worth trillions of dollars . There is no more news on this further confirmation.

It is reported that , SRE Minerals recently announced trade in natural resources and the Korean company signed a joint venture agreement to set up a new joint venture , the joint venture company the right to develop Jongju rare earth deposits for a period of 25 years , subject to mutual agreement can be extended for 25 years. Jongju rare earth deposit located in the northeast of the North Korean capital of Pyongyang is about 150 kilometers, is allegedly the world's largest rare earth deposits . Analysis, theory, 216 million tons of Jongju deposit is expected to be the current resources of the world's known rare earth oxides doubling .


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
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