The role of large underground banks, rare earth smuggling route exposure

Rare known as " industrial MSG " and "new materials of the mother" , widely used in optical , electronic information , new materials , aerospace , machinery manufacturing, new energy, nuclear industry and other high-tech fields , is a precious strategic resources. Inner Mongolia is the main producing areas of China's rare earth , has the world's largest rare earth mine .

August 17, 2012 , Baotou customs branch to obtain information : Baotou a larger private companies suspected of rare earth materials production route through Guangxi, smuggling of rare earth to Vietnamese enterprises . Then after nearly a year of investigation and evidence collection , the case was finally solved. Five suspects were arrested and two others are being pursued .

According to China's rare earth export management of the relevant provisions of rare earth products only through designated ports and other ports of export in Hohhot , Guangxi province crossings are not within the scope of the designated ports .

Baotou Customs Bureau survey showed that from December 2011 onwards, Baotou foresaw this enterprise in Vietnam KAD company to buy rare earth products smuggled in the case , still do not issue VAT invoice price and the latter reached sale and Purchase Agreement , has six batches of rare earth products will be illegal to sell to KAD companies, including 20 tons of cerium carbonate , lanthanum, cerium misch over 110 tons .

Survey shows that Vietnam is a company engaged KAD turn Hong Kong trade enterprises. Because illegal transactions , buyers and sellers strong psychological vigilance , has taken many anti- detection measures . Two companies to trade in the process, both by e-mail to contact to negotiate , never signed a paper contract ; domestic company is located in Bayan Nur City, corporate purchasing rare earth products, but also by telephone to an oral agreement manner, even cargo warehousing, storage , and domestic transportation and other aspects of the document is also not retained .

"However, we repeated the header and through Nanning, Guangxi , Pingxiang , Dongxing District Housing Nang City and other places verifiable evidence, or a little thrown off their camouflage . " Baotou customs branch office Qu Feng said .

Involved in handling the case of Hohhot Customs Bureau investigators everywhere longer than Yang et al , said buyers and sellers in order to evade customs supervision and other departments , as well as to put its transactions disguised as " domestic trade " , each transaction the buyer selected to play shall sites are in Guangxi Province. In addition, each KAD trading company staff do not come forward to directly play money , but hiring a Vietnamese behalf play money to Pingxiang, Guangxi and other places of underground banks , and then by underground banks the money remitted Baotou accounts.

" KAD trading company shall fight for this Vietnamese dons , we have so far failed to grasp their personal information , which used to only be found in the underground banking remittance bank account funds immigration channels into fans . " the investigators said .

According to reports, payment settlement smuggling channels , underground banks directly to the seller as a key role of remittances . Similarly , for evading regulatory considerations, Baotou Rare Earth materials , this company offers to the buyer 's receiving account , nor is its enterprise dedicated account for daily use , but to provide a personal account of social workers receiving remittances each transaction .

"Both companies are intentionally, intention is to do everything possible to hide the information submerged funds between the two sides , in order to conceal their smuggling. " Qu Feng said .


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Difficult to coordinate the domestic market integration is the key to earth

RE integration issue has been the focus of attention , but why have not I complete this dilemma? Integrate the various professionals say the body is the key. Rare earth mineral rights transfer more attention .

Rare earth is an important strategic non-renewable resources, new energy, new materials, environmental protection , aerospace, electronic information and other necessary materials required for the development field . To 23 percent of rare earth resources to meet more than 90% of the world market share of supply , but did not get the rare earth pricing. Meanwhile , the rare earth industry, there are disorderly exploitation , environmental destruction , and many other issues , industry concentration is low , serious waste of resources , the industry urgently consolidation. In this regard, on August 8 this year, the Fifth China Baotou Rare Earth Industry Forum , experts put forward valuable suggestions to accelerate the formation of rare-earth problems of large enterprise groups has once again aroused concern to the industry . Objectively speaking , the current effect of rare earth industry consolidation and national expectations there is a certain gap. Analyzes the current challenges facing the deep-seated reasons behind the power of rare earth industry consolidation is continuing to go down the road to the key .

First, although the rare earth industry consolidation started early but falter

As early as 2002 , the State Council has agreed in principle to the former State Economic and Trade Commission and other agencies reported " on the formation of a national rare earth enterprise group instructions" , approved the formation of the South , the North Rare Earth Group . However, due to issues such as operations and coordination of interests , scheduled for May 2003 was set up in the north RE Group is unable to set up , and then Southern Rare Earth Group organization is also no news. Until May 2011 the State Council issued " on the promotion of sustained and healthy development of rare earth industry, a number of opinions" ( hereinafter referred to as "Opinion" ) , China's rare earth industry, large-scale integration to start again . "Opinions" in 1-2 years' time , the basic formation of large-scale enterprises as the leading pattern of rare earth industry , the South ionic rare earth industry 's top three conglomerates industrial concentration above 80% . Subsequently, the Ministry of Industry , Development and Reform Commission and other 12 ministries and commissions in 2013 published " on accelerating merger and reorganization of enterprises in key industries guidance" ( hereinafter referred to as "guidance" ) . "Guidance " in the proposed rare earth industry to support large enterprises with capital as a link, through association, merger , reorganization , etc., vigorously promote the integration of resources , significantly reducing rare earth mining and smelting separation number of enterprises, improve industrial concentration , the basic form to large enterprises as the leading industry pattern .

Rare earth industry development and distribution of rare earth resources in the country closely . China's rare earth resources and the distribution of rare earth enterprises exist North-South differences . Specifically , China's rare earth resources distribution generally shows "North Light south heavy " pattern, which are mainly distributed in light rare earth ore Baotou, Inner Mongolia and other northern regions and Sichuan Liangshan , ionic heavy rare earth ore are mainly distributed in Ganzhou, Jiangxi , Longyan , Fujian and other southern regions. In the north of Baotou Steel Rare- earth Enterprises a single large, while the South ionic heavy rare earth resources is more scattered , rare earth enterprises in larger quantities and considerable strength .


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Lao government halted investment rare earth processing industry

Recently, my office was informed from the Lao Planning and Investment , for environmental reasons , the Lao government decided to cancel the four Chinese companies investing in the old rare plant production license. The four Chinese-funded enterprises have invested factories , including three private enterprises, a Hong Kong-owned enterprises. I reminded funded enterprises pay attention to risk , stop to the old investment Rare processing industry.


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November 15 Price of rare earth products

November 15, 2013 Price of rare earth products

Name Specifications Origin / Grade Reference Price Price Change
Rare earth carbonate REO 42.0-45.0% Domestic 27000-28000 yuan / ton 27500 0
Lanthanum oxide La2O3/TREO 99.5-99.9% Domestic 26000-27000 yuan / ton 26500 0
Cerium oxide CeO2/TREO 99.5-99.9% Domestic 25000-27000 yuan / ton 26000 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 320000-340000 yuan / ton 330000 0
Samarium oxide Sm2O3/TREO 99.5-99.9% Domestic 20000-22000 yuan / ton 21000 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 170000-180000 yuan / ton 175000 0
Terbium oxide Tb4O7/TREO 99.95-99.99% Domestic 3850-3950 yuan / kg 3900 0
Dysprosium oxide Dy2O3/TREO 99.5-99.9% Domestic 1950-2050 yuan / kg 2000 0
Erbium oxide Er2O3/TREO 99.5-99.9% Domestic 350000-355000 yuan / ton 352500 0
Yttrium oxide Y2O3/TREO 99.995-99.999% Domestic 60000-70000 yuan / ton 65000 0
Praseodymium neodymium oxide (Nd2O3 + Pr6O11) / TREO ≥ 75.0% Domestic 330000-340000 yuan / ton 335000 0
Lanthanum metal La / TREM ≥ 99.0% Domestic 53000-55000 yuan / ton 54000 0
Cerium metal Ce / TREM ≥ 99.0% Domestic 60000-65000 yuan / ton 62500 0
Praseodymium Pr / TREM 96.0-99.0% Domestic 590000-610000 yuan / ton 600000 0
Neodymium Nd / TREM 99.0-99.9% Domestic 430000-440000 yuan / ton 435000 0
Metal terbium Tb / TREM ≥ 99.9% Domestic 4800-5000 yuan / kg 4900 0
Dysprosium Dy / TREM ≥ 99% Domestic 3100-3300 yuan / kg 3200 0
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 425000-435000 yuan / ton 430000 0
Praseodymium Neodymium Dysprosium metal TREM ≥ 99.0% Domestic 435000-445000 yuan / ton 440000 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



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Ganzhou government leaders: to improve the rare earth industry chain listed

On the 13th , Ganzhou Ganzhou government leaders on earth remediation, a large group of rare earth formation , Ganzhou Rare Earth Group backdoor listing other issues, told the China Securities Journal reporter . He pointed out that the Government encourages Ganzhou Ganzhou Rare Earth Group market -oriented way to go to raise funds to build a complete industrial chain of rare earths .

Currently, Ganzhou Rare Earth Industry norms integration completed a series of work in strict accordance with national requirements to promote the formation of a large group of rare earth , regulate mining and smelting separation , improve the industrial chain and enhance the technical level, the Ganzhou Rare Earth become the country's rare earth industry governance, consolidation , a model specification . The leader said : "This is a very difficult process , in defending national interests , to achieve national strategic intent , conserve resources , but also paid a heavy price , the tax reduction over 20 million in 2012 9,000 tons mined only indicators more than 3000 tons , this year only 2,000 tons mined . "

Speaking Ganzhou Rare Earth Group listed issues, the leaders said , Ganzhou is underdeveloped regions, can be injected very limited funds , the city government to encourage Rare Earth Mining Company through capital operation , market -oriented way to go to raise funds to implement the national responsibility for environmental restoration , to create a complete industrial chain of rare earths , a higher degree of concentration to promote industrial integration and mergers and acquisitions . "This time if ( backdoor ) successful listing , and Ganzhou Rare Earth Group 's rare earth industry development will be to enhance and across , not only to establish a standardized model for the country , but also in aspects of mergers and acquisitions and the introduction of technical personnel will be greatly improved. "

He explained that backdoor listing on Rare Earth Group , the Government only specifying the principles , does not participate in the specific operation . Government clearly requires the SASAC , urging Rare Earth Group , southern Jiangxi Rare achieve the status of a national strategy unswervingly and fulfill national responsibility , strictly in accordance with national laws and policies required to complete each step of the integration, every detail specification ; act according to market rules , integrity , confidentiality, clean, increasing the value of state assets , you can not fire sale of state assets.

Ganzhou Rare Earth Industry on the future development plan, the leaders said , first, to build a complete industrial chain, from mining, smelting separation and processing ; second is to create a national research and technology platform to integrate Ganzhou all research institutions and universities ; three by rare earth high-tech industrial park , to undertake and build deep processing , purchasing and storage , trade , exchanges and other ancillary services.

"In addition to developing our own good earth , but it is also the role of the engine , separation, smelting two centralized , fully release the entire back-end industries , supporting regional and foreign enterprises for processing, Rare Earth Group to provide resources and support , technical information and platform undertake to form a complete system , to build China 's rare earth industry leading products. This is our idea of ​​the development of rare earth industry . "


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