Rare practitioners face price volatility requires patience
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- Category: Rare Earth News
- Published on Wednesday, 30 October 2013 11:18
- Written by HJF
- Hits: 844
Recently, as the state purchasing and storage plan is still yet to be finalized , the industry began to lack of confidence , coupled with the end of the , loan repayment , electricity, switch to multiple factors such as storage , rare earth by last month 's reluctant to sell , to active sales , prices fell markedly , the current trading price of praseodymium neodymium metal of 430,000 from the week before , fell to 420,000 , europium oxide dropped from the current 4900 yuan 4600 yuan per kg per kg , the trading price of terbium oxide was 4300 yuan per kilogram , but the volume little downstream procurement will is not strong , especially foreign trade , there are responsible for the export trade of the sales staff said: At present foreign trade is very bad to do , we are mainly mutual pressure prices, customers go first to one and then say how much XX home to Are you going to give much ...... "
Faced with this situation , a large rare earth enterprises procurement staff, said: Currently the bad economic situation , it is difficult to rare immune constrained by the cost of production of rare earth , rare earth prices theoretically decrease in the not too large, so this case, market participants better state of mind . correct view of the market , do not be too pessimistic .
For the WTO's preliminary ruling , the industry reacted coolly , mostly expressed as early as expected , the world needs is not Chinese rare earth, but cheap Chinese rare earth, as long as the Chinese control the private mining , adhere to combat black chain , cheap Chinese rare earth will cease to exist .
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Minmetals RE: Currently not receive state purchasing and storage plan information
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- Category: Rare Earth News
- Published on Wednesday, 30 October 2013 11:16
- Written by HJF
- Hits: 1504
Minmetals Rare Tuesday in the panoramic interactive web platform , said the company has not yet received the relevant information related to state purchasing and storage plan , it is difficult to determine whether the state purchasing and storage plan would have a greater impact on company operations .
According to media reports , the state purchasing and storage of rare earth scheduled October opening , the entire purchasing and storage tray will reach ten billion yuan , and mainly in the heavy rare earths. In this regard, there are investors in an interactive platform to the company asking if participation in national purchasing and storage , will have a greater impact on its operations during the year .
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Guangdong province Rare tentacles or integrate acquisitions initial success extends Yunnan
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- Category: Rare Earth News
- Published on Wednesday, 30 October 2013 11:12
- Written by HJF
- Hits: 1553
Reporters recently learned that the integration of rare earth resources in Guangdong Province as the main body, Guangdong Province Rare Rare Earth Group has integrated tentacles extend to Yunnan . Provinces provincial enterprises mergers rare earth resources , which are rare in the country .
In the end of last week 's 2013 China Rare Earth Forum, Zhu said, Guangdong Province of rare earth industry groups to achieve a fully integrated rare earth resources in the province . Its disclosure, Guangdong through increased investment in exploration found in the province of heavy rare earth reserves more than the existing data , and may even exceed Jiangxi .
Meanwhile, Guangdong Province with the Chinese Rare Earth Industry Group Steel Research Institute Group , Yunnan Rare Earth Industry Group signed a cooperation framework agreement , restructuring , mergers and acquisitions work of the Group of Yunnan rare earth industry is advancing .
Integration of rare earth resources in this round , the border of Yunnan, is not compelling. In fact , Yunnan rare earth resource exploration potential. Beijing Nonferrous Metal Research Institute Professor Zhang Guocheng study shows that the Kingdom of Yunnan Nonferrous Metals Rare Earth resources are very rich, there are varieties of both heavy and light rare earth .
Because local protectionism , rare earth interprovincial reorganization very difficult. So far, in addition to inter-provincial restructuring of local state-owned Jiangxi Copper ( 600,362 , stock it ) Restructuring Sichuan light rare earth , rare earth industry group is the Guangdong Province .
Rare Earth Industry Group and Guangdong Rising Nonferrous ( 600,259 , stock it ) the same as the Guangdong Rising Assets Management Co., controlled enterprise . May 2012 , the Guangdong provincial government issued " on the promotion of the province 's rare earth industry consolidation " and proposed future will be as the main provinces of rare earth industry groups , to achieve the integration of rare earth resources in the province . The Rising colored main income is now rare and tungsten and related products. Guangdong territory only four rare earth mining rights . According to Deputy General Manager Li introduced , colored Rising holds three mining certificates and other one entrusted with the management .
According to Zhu introduced , Guangdong Province, the rare earth industry group also controls the Guangdong existing six smelting 4 , so that in Guangdong Province, smelting and separation capacity of 11,500 tons , the province accounted for 72 percent of rare earth smelting and separation capacity ; same time, its integration in the province of tons of annual production capacity of rare earth separation smelter , total capacity 22,500 tons formation / year, to become the largest in South China ionic rare earth separation smelter Group .
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Shanghai Rare hitting involving 113 companies yet found irregularities
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- Category: Rare Earth News
- Published on Wednesday, 30 October 2013 11:14
- Written by HJF
- Hits: 1420
Shanghai Rare Earth Society insiders said on Tuesday in Shanghai in September began to campaign against rare earth mining , production, circulation of illegal special action , involving 113 enterprises in Shanghai , according to the sources, the Shanghai majority of rare earth enterprises downstream applications enterprise have yet to discover irregularities.
It is understood that the earth hitting special action led by the Shanghai Municipal Commission by letter , Municipal Public Security Bureau , Shanghai Customs and other eight departments with related work , listed in Shanghai check list 113 rare earth enterprises according to law to conduct joint inspection, illegal rare earth enterprises , will be strictly punished , ordered rectification, conducted by the Shanghai Association statistics of rare earth and other specific operations.
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Chinese Rare Earth "cabbage price" will not reproduce
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- Category: Rare Earth News
- Published on Tuesday, 29 October 2013 14:31
- Written by HJF
- Hits: 1518
According to the media , said the WTO panel report is expected in November announced preliminary results of WTO litigation earth , basically affirmed that China will in the first instance ruling lost. Rare original NDRC expert group , said, " basically confirmed already lost, but would not return to earth ' cabbage price ' ."
Up to now , WTO has been no official news came out , the reporter access to the Ministry of Commerce World Trade Organization 's website and found no information disclosure . It is understood that , since 2009, the European Union, the United States, Japan and other countries repeatedly appealed to the WTO , said Chinese rare earth export quotas in government for trade protection , contrary to the WTO " free trade " spiritual .
The unnamed expert further said that after the introduction of the first instance verdict , as well as part of the complaint . China to supply 23% of the reserves of more than 90 percent of global demand for our resource consumption and environmental impact is enormous , China can environmental costs for complaint . It is understood that only one place on the exploitation of Ganzhou rare earth minerals for ecological restoration of damaged land , the initial capital investment is expected to be as high as 38 billion yuan or more, not including the separation of rare earth smelting pollution remediation .
A broker researcher also told reporters that , WTO against the domestic is a big bearish, but the government will certainly put the appropriate policies to deal with, according to his personal analysis , purchasing and storage of rare earth policy has not yet been introduced probably has to wait for WTO ruling timely cushion the negative impact .
Another industry expert said , "loser " is also beneficial to the long term good side . Rare earth prices will be more market-oriented , resource scarcity will weaken the aura , the possibility of price volatility will be smaller . And the long term resources of rare earth in the open will help the development of high-end applications . China 's development is slow, but after a large number of exports of rare earth may promote foreign R & D speed.
Finally a little disappointed that the industry said, " Having said that may not patriotic , but objectively speaking , WTO export indeed pros and cons of litigation fails , it will urge us to accelerate the development , help to improve resource utilization. "
In recent years, China's rare earth export quota stable at 30,000 tons / year, however, due to the global market demand for Chinese rare earth dropped significantly , resulting in nearly two years, China's rare earth export quota utilization trend lower . According to public information , 2012 rare earth export quota of 30,996 tons , a utilization rate of 48.75% ; 2011 was 30,184 tons , a utilization rate of 52.01% ; 2013 quota of 29,322 tons of rare earth .
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