Russia $ 1 billion joint venture to promote Russia's rare earth industry

Following last week's Istanbul Group (IST Group) , and if the Site Ke Group (Rostec) declared a joint venture set up rare earth , Russia has been promoting the rare earth industry . Under the agreement , the establishment TriArk mining company, which will begin in 2018 in Khabarovsk processed within the warehouse 8.2653 tons of solitary quarry .

The company released a statement saying , TriArk mining company is expected to produce 40,000 tons of rare earth resources - rich in heavy rare earth elements such as dysprosium and terbium . Istanbul Alexandria Niexi Si company was acquired , if the Site Ke Group is responsible for developing a high-tech state-owned Russian company , the company will invest $ 1 billion to develop the project.

The program was approved by the Russian government a great possibility . Before , in order to cut off Russia's dependence on Chinese rare earth resources , Moscow had indicated to the development of domestic rare earth industry . Russian government sources said the new development strategy has been finalized with the inside . This strategy involves all aspects of the Russian government and industry , is the cornerstone of the development of Russia's rare earth industry .

2013 , the Russian government is keen to diversify the economy. Economic stagnation , Moscow facing the development of new means of generating income and promoting economic modernization pressure to reduce its dependence of oil and gas revenues . Although in recent months oil prices have been higher than expected, but the government believes that the lack of economic diversity of the economy is still a potential threat to long-term economic stability .

Russia has a long history of metallurgical innovation , which will benefit the development of rare earth industry . Like other metals industry , private enterprises to provide technical support to elect a national championship policy will continue . Istanbul is not only the company and the company's assistance if Site Ke , Russian aluminum producer Rusal and Uranium producers Russia Uranium companies will also participate in the development of domestic rare earth industry in the past.



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Meteoric rise to lower prices of rare earth metals rally

The Fed cut QE yet, and Mid-Autumn Festival holiday approaching, today's metal spot market volume was light, festive effects appear. Today's market metal Dikaigaozou base metals have pulled up late so meteoric rise, closing, copper, aluminum, lead, zinc, respectively, closed up 1%, 0.21%, 0.47%, 0.27%.

Precious decline narrowed, as 15:00, gold fell 0.91 percent, silver was down 0.61%.

Today, copper spot price premium 220 yuan / ton to premium 360 yuan / ton, flat water, copper traded price 51850-51930 yuan / ton, premium copper transaction price 51930-52050 yuan / ton.

Copper rebounded fatigue, stability maintenance premium holding cargo ship, the last trading day before the holiday stocking downstream to maintain the state, in favor of flat copper water supply, flat water, copper goods less price quite, some brokers to enter the holiday state, out of the market, the actual turnover improved features preganglionic show.

Rare some varieties still slightly lower, downstream demand continues to insufficient light to continue buying, although manufacturers continue even behind the offer, but the actual transaction price is low. Double close, rare earth materials market transactions have been scarce, rare earth prices to stalemate based.



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Inner Mongolia in August before the sharp rise in exports of rare earths

22, the reporter learned from Hohhot Customs, from January to August 2013, Inner Mongolia exports of rare earth 3392.2 tons, an increase of 82.5% over last year, of which 80 percent are exported to the United States, France and Japan.

According to Hohhot Customs released statistics show that from January to August 2013, Inner Mongolia exports of rare earth 3392.2 tons, representing an increase of 82.5%; worth $ 37.898 million, down 24.7%; export average price of $ 11,000 per ton, down 59.3%.

Among these, 80 percent are exported to the United States, France and Japan. Inner Mongolia Autonomous Region January-August exports to the United States, France and Japan were 1,738.6 tons of rare earth, 568 tons 433.7 tons. Three together accounted for the same period the autonomous region of 80.8% of total exports of rare earths. Compared to last year, exports fell 59.4% to France, exports to Japan increased by 1.4 times, did not export to the United States last year.

Hohhot Customs personnel in the analysis of rare earth exports from January to August in Inner Mongolia, said the main reason for price increments: national quota increase makes exports increased, while weak demand is restricting exports of rare earths price is the biggest factor.



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Commission: will be October 8 from rare earth and other nine industry merger and reorganization implemented reservation system audit

Commission spokesman said on September 13 , mergers and acquisitions of listed companies implement lane made ​​all the preparatory work has been completed , start conditions are met, since October 8 , the audit will be implemented in mergers and acquisitions .

Lane system is the means the Commission on mergers and acquisitions administrative license application review, the financial adviser competence to practice , standardized operation of listed companies and the integrity of state industrial policies and transaction type, the implementation of differentiated audit institutional arrangements. Which met the criteria for mergers and acquisitions , exemptions audit or fast review .

Commission spokesman said , after three years of technical preparation and demonstration program , reservation system implementation program has matured, will follow the "first division together , a veto , the difference audit " principle , the stock exchange and the Securities Regulatory Bureau , SAC, financial adviser compliance of listed companies , intermediaries ability to practice , industrial policy and transaction type three sub- evaluated after the breakdown of the evaluation based on aggregated results will be included in mergers and acquisitions for exemption / fast, normal , prudent three audit channels. Among them, enter the exemption / fast-track the project does not involve the issue of shares to waive the audit , approved directly by the Commission ; involving the issue of shares , the implementation of fast review , the abolition of pre- links, direct draw Merger and Reorganization Examination Committee . Enter prudent channel project , based on " the securities and futures market integrity supervision and management Interim Measures " , considering the integrity status and other relevant factors, carefully examine the applicant 's application for merger and reorganization matters , if necessary, to increase the verification efforts. Into the normal channel project , in accordance with existing processes audited. Throughout the evaluation process using objective criteria , the results are generated automatically.

The spokesman said that in deregulated same time, strengthen the matter, after the regulation. File exists on disclosure of false records, misleading statements or material omissions , depending on the seriousness of the case , to take administrative regulatory measures or surrender inspection .

Recently, the Shanghai and Shenzhen Stock Exchange listed company information disclosure based methods to evaluate the combined daily supervision of CSRC opinion , completed the information disclosure of listed companies and regulating the operation level evaluation ; Securities Industry Association has announced a financial advisor practicing quality evaluation program , 2012 annual Financial adviser practice competency assessment is nearing completion.

The spokesman pointed out that the results of these two evaluations are Class A and restructuring projects belong to the " automobile, steel, cement , shipbuilding, aluminum , rare earth, electronic information , medicine, agriculture industrialization leading enterprises " and other nine focus to promote mergers and acquisitions industries , transaction types belong to the same industry or downstream merger does not constitute a backdoor listing , will enter the fast ( exemption / Fast ) audit Channel .



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Rare is not much change in the market prices of individual adjustment

Rare earth market after the holiday is not much change in prices of individual varieties to adjust. There downstream manufacturers reflect the recent supplier will increase shipping. According to sources from the industry Ganzhou, because between the two at the market there will be no short-term volatility, the market mentality to wait and see.

Today, erbium oxide market price before the holiday flat, the mainstream price 36,37 yuan / ton, reflecting the downstream manufacturers, suppliers are willing to ship now stable prices, will increase shipping.

Yttria market, the current quoted price at 80,000 yuan / ton. There are traders slightly lowered quotations from preganglionic 85,000 yuan / ton, adjusted to 80,000 yuan / ton. According to the supplier of Ganzhou, mostly concentrated in the market now offer 80,000 yuan / ton.

Lanthanum, cerium market merchants offer today without making significant adjustment, the market is still relatively deserted. Currently 4N lanthanum oxide with votes 32,000 yuan / ton, 3N5 cerium oxide with a ticket price of 2.6-2.9 yuan / ton or so.

Waste magnetic electric car market, the market today has temporarily offer recyclers and manufacturers of receipt does not reflect the positive, quoted recyclers offer with pre-holiday flat. Currently on the market short of 97, 98 yuan / kg, bar 108 yuan / kg, tile 128 yuan / kg.



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