The Indian minister said such mining projects of IREL were located at the Orissa Sand Complex (OSCOM) at Chatrapur in the eastern state of Odisha, at Manavalakurichi in the southern state of Tamil Nadu and at Chavara in Kerala.

The minister had also mentioned that due to the limited availability of mineable land carrying raw beach sand, and the gradual decline in heavy mineral contents in the sand, the mining activities at Chavara and Manavalakurichi had declined over the years.

He had further said that there were some projects in the pipeline for capacity expansion like the one at OSCOM, and another, separated high purity rare earths project by the Rare Earth Division of IREL at Chavara, Kerala.

While Kerala has been one of the Indian states where rare earths are being traditionally mined and extracted, the details of the new plant proposed to be set up by KIOCL are yet to be revealed.

Over the past year or so, India and Japan have been cozying up to each other in REE production.

As reported in MetalMiner, India had recently agreed with Japan to jointly develop rare earths capabilities, and was also said to be watching with keen interest Japan’s prospecting for REE in the Pacific Ocean. In November 2012, Japan had signed an agreement to import 4,100 tons of rare earths on an annual basis from India.

There’s also a subsidiary of Toyota Tsusho called Toyotsu Rare Earths India Pvt. Ltd. based at Vishakapatnam, Andhra Pradesh, involved in the production of rare earths. The company operates a monazite sand rare earth production base.

The new-found alliance between Japan and India was interpreted in geo-political circles as a move to counter China’s dominance in the rare earths field.


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Japanese marine research and development institutions and the research team of the University of Tokyo announced by the Japanese survey of deep-sea research vessel "Ridge surveys have identified Japan, South Bird Island waters near the seabed mud layer contains a high concentration of rare earth.
    
The research team in Japan in January this year on the seabed sludge collected from the South Bird Island around 7, with a maximum depth of 5800 meters, the analysis of rare earth concentration of up to 0.6%.
    
Members of the research team, the University of Tokyo professor Kato Thai ho sludge collected in the past last year analyzed, speculated that can be used in the manufacture of hybrid cars, dysprosium and other rare earth buried in the seabed mud layer surrounding Japan's exclusive economic zone of the South Bird Island, and its total available for domestic consumption in Japan 230 years.

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The rare-earth market this week downturn continues, the market turnover is still praseodymium, neodymium, gadolinium, dysprosium oxide-based. Downturn bearish market mentality, the market traded prices down low.
    
Neodymium oxide, praseodymium Monday rare earth market price decreased slightly, and for two days the market selling cheap, despite the advertised cheap, people do not think the odd onlookers. It is understood that the neodymium oxide, praseodymium excluding tax price from Monday 26 yuan / ton is approaching 257,000 yuan / ton, including tax transaction price of 305,000 yuan / ton. The dysprosium oxide market transactions poor, the transaction price drop to 200 yuan / ton. Gadolinium oxide market inquiries still more tax price basically remained stable, the current market tax 140,000 yuan / ton, the transaction price is slightly lower.
    
Week lanthanum, cerium class oxides price temporarily stable, the current price is higher than the year ago price decreased slightly, but still hardly be bottoming out. Such excess supply of rare earth products market, buyers are also mostly beat price purchases. Praseodymium, neodymium class oxides price payable to non-powered praseodymium oxide market tax price of 360,000 yuan / ton, down significantly from the 380,000 in February, neodymium oxide market tax 32-33 yuan / ton, the same The magnitude of the downstream.
    
Pr-Nd alloy market price has dropped to less than 400,000 yuan / ton, of gadolinium iron and dysprosium iron price temporarily stabilized, but the turnover downturn. If the market next week, the increase in purchase prices may be unstable.
    
Customs yesterday announced the latest rare earth export data: Chinese exports of rare earth 1,106 tons in February, a significant increase of 289.12 percent year-on-year, the average price of U.S. $ 22,654.13 / ton. Two months before the cumulative export volume of 2,198 tons, a year-on-year growth of 8.13%.

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Recently, Baotou City, Inner Mongolia, the IRS has completed 143 of the city's rare earth enterprises security tax VAT invoicing subsystem upgrade within the jurisdiction of the rare earth enterprises include all the the VAT tax control system security kanji anti-counterfeiting project management, in order to achieve the rare earth industry operating conditions, and the VAT invoice comprehensive monitoring of the content of the name, heading, laid an important foundation for the strengthening of the tax administration of the rare earth industry.
    
These enterprises engaged in the smelting of rare earth minerals separation, engaged in the flow of commerce, its the VAT security tax billing subsystem upgrade, a lot of work. Does not affect the requirements as taxpayers engaged in Baotou City, the Internal Revenue Service in accordance with the State Administration of Taxation "on the invoice issued by the rare earth enterprises included in the VAT control system security kanji the forgery project management issues related to the Notice, actively contact technical services unit, unified conversion process, organization and grassroots Bureau of rare earth products directory requirements for completing the audit in a timely manner, the timely completion of the upgrade of the city's rare earth enterprises.
    
On this basis, the council include all the rare earth enterprises control system security monitoring platform, schedule plan targets monitoring platform prompted warning sales object abnormalities warning, VAT invoice content anomaly warning and the purchase and sale of rare earth products ratio anomaly warning data analysis and audit processing. These initiatives effectively regulate the city's rare earth industry VAT invoice management and other day-to-day tax administration.

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