Rare earth prices dip, unprofitable enterprises

At present, the majority of the rare earth market prices low volatility, lack of market demand for digestion, purchasing lower prices, partly reflecting the profit upside down supplier, shipping will is not strong.

Such as erbium oxide market Ganzhou area suppliers said this week 99.5% purity erbium oxide with ticket prices have dropped to 255,000 / ton, today there are businesses that received 99.9% erbium oxide procurement inquiries, but the purchase price is very low , with tickets only available to 260,000 yuan / ton, for such a low price, the businessmen said production at a loss, no profit.

Europium, terbium thin market conditions continue, merchants offer is not active, because the current difference in price in recent years has been low, the magnitude and speed of the downward price has been reduced, for the price trend of late, there are businesses that short period of low volatility or continue to dip still difficult to rise sharply.

Lanthanum, cerium products market, current market prices are still low steady, stable in dilute Exchange Association and the Baotou Rare Earth Cerium oxide recent price or slightly lower, basic prices are around 15,000 or more, according to the market, traders said 3N lanthanum oxide, cerium oxide with ticket prices stable at around 1.4,1.35 yuan / ton.
 


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Hunan Jianghua seizure of more than 40 wells in the illegal exploitation of rare earth ore End

September 8 to 15, Hunan Jianghua Yao Autonomous Xianzhengfawei, the Public Security Bureau, Land Bureau, Safety Supervision Bureau, River Road Town government and other nine departments joint action, dispatched 20 law enforcement officers, on River Road Town territory safflower source village Linjiacun illegal excavation of more than 40 rare earth mine tail illegal sand mining wells and one point on-site closed down, cut off the tail of illegal wells wires, punish the illegal miners.

River Road Town is located in the southernmost tip of Ganghwa, the town is rich in mineral resources, is one of the three major tin producing areas of Hunan, abundant rare earth ore reserves, mainly in the villages and safflower Linjiacun source, according to the detection, safflower source Village rare earth ore reserves amounted to 20,000 tons. Abundant mineral resources to attract a batch after batch of prospectors have occurred when the illegal exploitation behavior.

Create a favorable environment for mining, Jianghua county government smitten with strong carry & ldquo; fighting rule violation & rdquo; special action to crack down on illegal mining behavior.
 


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Rare-earth prices, less the actual volume

RE steady dull market today, vendors offer a continuation of the day before, although there are businesses that offer did not move, but the actual transaction price is still down in the process. Part of the market price gap is widening, such as praseodymium neodymium metal, there are individual businesses reflect the actual transaction price has 36.5-37 yuan / ton, but also offer high at 38-39 yuan / ton situation. According to a factory in Ganzhou area, said the transaction price is now at about 375,000 yuan / ton, lower supply prices may come from recycled material sintering. According to Ningbo area scrap recycler praseodymium neodymium metal prices reflect not only fell, trading volume is less, the local merchants to disclose the current scrap price 78-80 N35 box yuan / kg. Currently dysprosium iron market stable and little decrease, Ganzhou manufacturers have said that now the actual transaction price of about 1.44 million yuan / ton. The same areas that the current supplier dysprosium oxide, dysprosium with 1.4 million votes, with no votes around 1.22 million yuan / ton. Europium, terbium oxide market has been little change in the near future, according to some traders now europium oxide reflects slightly lower 200 yuan / kg than terbium oxide, with no votes at about 2000 yuan / kg.


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MIIT jointly issued by eight departments to combat illegal activities in rare special action program

MIIT website on October 11 announced the Ministry of Industry and Information Technology, Ministry of Public Security, the Ministry of Land, Ministry of Environmental Protection, Customs, Taxation, Business Administration, safety supervision bureau eight departments jointly issued the "special combat illegal behavior of rare earth Programme of Action. "

Program clear, the relevant provinces (autonomous regions and municipalities) to implement the relevant municipal people's government, county government regulatory responsibility, organization departments should of rare earth mining, production and distribution companies one by one verification, joint investigation of rare earth mining, illegal mining production, distribution companies, trading illegal minerals processing, tax evasion charges, billing and other illegal products off-site behavior, we should focus on priority areas investigated 2-3 RE typical cases according to invoices and reports and other clues.

For illegal rare earth mining behavior: focus on verification of rare earth mining and payment of taxes. Severely crack down on illegal poaching, cross-border exploitation, ultra indicators mining, environmental protection and other acts not approved the first building, ban illegal mining (recovery) mines, minerals and confiscate the illegal income; pursue the mining of rare earth enterprises fully paid VAT mineral resources compensation fees, taxes and taxes; clean up construction projects recycling of rare earth resources, without the approval or incomplete procedures ordered to stop.

For illegal rare earth production behavior: focus on the separation of rare earth smelting enterprises to perform the verification of total production control plan situation. For unplanned, ultra planned production enterprises, and immediately ordered to stop, and the enterprises shall declare relevant state funds to support projects to reduce next year's plan; without EIA approval of documents, filing documents or safety evaluation reach the relevant national requirements of the enterprise, immediately ordered to suspend production for rectification, not stable discharge of pollutants, and to legally pursue rectification and sewage charges; illegal acquisition of rare earth minerals, rare earth minerals and illegally confiscated illegal gains and punished; right not to pay VAT shall pay the value-added tax, according to the relevant provisions to pay fines and penalties; mineral sources that can not be explained, requires companies to provide full payment of the rare earth mineral resources tax proved unable to provide the recovery of the tax department; against illegal sale of rare earth minerals individuals or companies to investigation according to law.

& nbsp; For the circulation of illegal behavior: focus on the sale of rare earth minerals trade enterprises verifiable circumstances. The sale of illegal rare earth minerals, mineral products and illegal income confiscated by law and will be punished; right not to pay VAT should pay the value-added tax, according to the relevant provisions to pay fines and penalties; mineral sources that can not be explained, requires enterprises to provide proof of full payment of the mineral resource tax, can not provide the recovery of the tax authorities.

For the rare earth export enterprises Product Source: The by product of the production chain, verifiable sources of rare earth export their products until the mineral source. If the source is illegal rare earth minerals, exports of goods and confiscate the illegal income of all sectors involved, and punished; existence of evasion of VAT, tax on mineral resources, related links, the tax department recovered.

Special action plan clearly time for October 10, 2014 to March 31, 2015. Three stages:

Self-examination stage: 10 October to 25 November

Provinces (autonomous regions and municipalities) People's Government organized relevant departments and local governments, carefully verify the rare earth mining, smelting and separation of production and trade since June 1, 2013 to July 31, 2014, the sales data and other information, to the enterprise each site verification, fill out checklists and summary table (see Annex 3), to deal with problems in the enterprise proposed scheme, on November 25, the Ministry of industry and Information Technology reported a few days ago.

Rectification stage: November 26 to January 31, 2015

Local people's governments organize relevant departments to immediately investigate business problems and ordered rectification, complete verification summary rectify the situation (see Annex 4). Investigate and rectification on January 31, 2015 communicated to the Ministry of Industry and Information Technology.

Acceptance summary: Year 2015 February 1 to March 31

Around on this special action for acceptance, for the rectification of the project has been completed to verify the control reform program acceptance; unfinished rectification and closed, and to explain the reasons and clear rectification completion time; discovery of dereliction of duty, collusion behavior, timely submit discipline inspection and supervision departments. Around on March 31, 2015 report will summarize the Ministry of Industry and Information Technology.

Rectification process, the Ministry of Industry and Information Technology jointly with relevant departments and central media consisting of the Joint Inspection Unit, check the special action around the progress on the issue of illegal activities involving rare serious cases to supervise the handling of cases of illegal trading of minerals regional coordination traced. After the special action, the Ministry of Industry and Information Technology will be summed up with the relevant departments of the State Council special action cases.
 


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Canadian rare Brazilian joint venture company was the source of rare earth concentrates

Canada has signed a purchase rare Brazilian Mata Azul mine rare earth concentrates agreement. Currently, Mata Azul mining rights owned by Mineracao Mata Azul companies.
   
According to the agreement, Canada has the right to purchase all rare earth concentrates Mata Azul mine production, the price for the base price plus a percentage of the difference between the reserve price and the fair market value. Agreement is valid for 20 years, and under certain circumstances may be automatically extended.
   
Rare Earth Company chairman and CEO of Canada says Tracy: "Mata Azul mine production to meet the needs of rare earth concentrates a large smelting separation plant in Brazil, but also gives us create multiple refinery important place in the global business strategy favorable conditions the company is currently working with several potential investors to conduct in-depth financing negotiations to establish production capacity in Brazil, 10,000 tons of smelter whether negotiations with these investors are successful, the company believes there is potential to do to protect the long-term supply of rare earth concentrates will lead to the end user or other traditional commercial banks are willing to provide project funding once to obtain financing, and concentrator built, Mata Azul project will we propose the construction of large-scale long-term operation of the smelter, the production of rare earth oxides to provide low-cost high-grade rare-earth concentrate raw material. "

 

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