Reporter October 23 from Baotou Rare Earth High-tech Zone was informed , after intense and meticulous preparation, Baotou Rare Earth Products Exchange has completed the venue decoration engineering , installation internal testing trading systems , as well as the whole system simulation run . Currently, the Exchange a staff recruitment is also ready and start simulation platform operating personnel training business . Exchange recently launched a marketing job , and invited to attend the relevant rare earth enterprises simulated trading contest, thus , much concern to the industry of the world 's first rare earth exchange will also be implemented by the end of October futures trading began trial operation .

According to reports, the Baotou Rare Earth Products Exchange trading patterns of "E Spot " ( e-mall ) , auction and current spot three kinds , the first two trading patterns of rare earth product range is not limited only to the current spot in the initial would apply to twelve kinds of rare earth products . In the running for some time , Baotou Rare Earth Products Exchange also plans to introduce rare earth products price index , but the index is based on price or to inquiry -based estimates, has not been determined . According to regulations, the Baotou Rare Earth Rare Earth Products Exchange Limited will carry out spot trading in commodities does not carry forward transactions , forward transactions in the commodities market management , warehouse transactions .

It is understood by the Baotou Rare Earth Products Exchange Baotou Steel Rare Earth ( Group ) Hi-Tech Co. , the state material reserves regulating center 12 jointly funded the establishment of enterprises and institutions , exchanges registered capital of 120 million yuan , participating companies, including North and South Rare the backbone of producing rare earth enterprises , shareholders with same rights , in order to ensure the fairness of the trading platform .

Baotou Rare Earth Rare Earth Industry Exchange aims to create an electronic trading platform fundamental break from the long form of price competition chaos rare earth enterprises , laying Baotou rare earth industry in the country and world dominance . After running can increase the transparency of market transactions of rare earth , rare earth products to help improve our price formation mechanism .


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Canadian rare mineral exploration company (QuestRareMineralsLtd.) On its official website the latest company , said the company in northern Quebec , Canada found a wealth of rare earth minerals.

Rare earths are scarce non-renewable resources , the " industrial vitamins " reputation . Rare earth elements in the military, petroleum, chemical, metallurgy, textiles, ceramics , glass, new materials and other fields are widely used.

China 's rare earth reserves accounted for approximately 23% of the world's total reserves , is the world 's largest rare earth production, application and exporter. June 20, 2012 release of " China 's rare earth conditions and policy," the white paper says , China bear more than 90% of the world's supply of rare earth market , but China 's rare earth industry, there is over-exploitation of resources , ecological environment severely damaged, irrational industrial structure , a serious departure from the value of the price and other issues .

Explore Cassin , president and CEO , said products of modern technology are inseparable from the earth, covered the smart phones, electronic panels, integrated fluorescent lamps, light emitting diodes , and the automotive industry need to use rare earths.

Headquartered in Toronto, pre-feasibility study to explore the company report predicts that the project average annual production of rare earth oxide concentrate 13,650 tonnes , and believe it has the potential to become a significant long-term global supplier of heavy rare earths . Reported that 47% of the annual Lake rare earth mine bizarre amount of rare earth oxide minerals , 57% of total revenue in the future weight of rare earth and yttrium concentrate.

The company estimates, in accordance with the open- rare earth mine life of 30 years , the initial start-up capital needs 2.57 billion Canadian dollars, to begin production in the fourth year . It is estimated that in 2018 put into production, annual revenues of more than $ 1 billion .


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Inner Mongolia Autonomous Region Department of Finance , Inland Revenue Department under the "Ministry of Finance regarding the development of rare earth resources tax investigation ," the notice ( tax administration will [ 2013 ] No. 212 ) requires , on October 16 -18 days , went to Baotou research, mainly for rare earths ad valorem resource tax reform to carry out preparatory work .

Commission by letter of Baotou Rare Earth Industry Development Institute , Baotou City Finance Office and Law Shui Zhengke , Baotou Local Taxation Bureau and other relevant personnel , accompanied by fiscal and went to Bayan Obo iron ore, the Baotou Rare Earth Research Institute watch production site , to understand process, and to the relevant circumstances of rare earth resources and corporate tax in a meeting.

His research group listened carefully to rare earth resources tax levied on the situation : Bayan Obo iron , rare earth elements in a variety of symbiotic Bastnaesite , Baotou Steel Group Bayan Obo ore mining 12 million tons per year , from which the first elected iron 4500000 t , and the remaining 7.5 million tons in about 3 million tons sold to Baotou Steel Rare earth election , another 4.5 million tons discharged to tailings . Since April 1, 2011 National levy 60 yuan / ton of rare earth resources tax year, Baotou Steel Rare Earth using 300 tons of pulp , but the burden of 12 million tons of ore of approximately 7.2 billion rare earth resources tax , especially this year rare earth market downturn , heavier burden on enterprises . Research group for this situation , will present rare earth resources tax reform proposal , submitted to the Ministry of Finance .


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October 24 hearing , skyrocketing rare earth permanent magnet 23 does not give greater confidence in the market today opened low plate , rare earth permanent magnet downstream enterprises is all bets are green, analysts said , the current downstream procurement is still deserted, no signs of recovery.

No signs of recovery in the downstream business , "Today there are magnetic manufacturers lower offer , saying the future will fall ," the analyst said . The fourth quarter of last year should be the peak season for the magnetics industry , and this year the industry are relatively apathetic, now includes its magnetics , including large enterprises operating rate of about 70% .

For more sluggish recent permanent industries Founder Securities expected given the better , and its latest research report that the new energy automotive motor with incremental NdFeB huge potential , it is estimated that every hybrid vehicle 1-3 kg NdFeB, NdFeB demand for new energy vehicles are expected to usher in the explosive growth ahead ; and a new air conditioner energy efficiency standards implementation will also use NdFeB Forced return , it is understood that the new energy efficiency requirements for a high , may be unable to meet the requirements ferrite , NdFeB facing re-return opportunities for energy efficient air conditioners .


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