Resource tax reform next stop: tungsten, molybdenum, iron ore or delayed
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- Published on Thursday, 12 February 2015 14:02
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Rare resource tax reform on the agenda, tungsten, molybdenum will become the vanguard; the industry long-awaited tax reform or delay iron ore resources.
Ministry of Industry and Raw Materials Division yesterday (February 11) released the "2014 China's nonferrous metals industry in 2015 to analyze and Prospect." In this focus on copper, aluminum, lead, zinc production, investment, import and export, outlined pressure, in addition to research and draft "non-ferrous metals industry," Thirteen Five "development plan", "gold industry" Thirteen Five "Development outside planning "and" aluminum industry guidance "three" Thirteen five "industry development plan, penultimate word not much, but every word is important - this is the focus of the work of the six non-ferrous industry management in 2015 the five "rare improve management." Tasks set out in this work are: to promote the introduction of "rare Regulations"; adjust rare issued mandatory production plan ways to explore issued paratungstate smelting production targets; research-driven tungsten, molybdenum resource tax reform.
These three measures concerning the United States and Europe to the WTO complaint Chinese rare earths, tungsten, molybdenum export management measures related case (hereinafter referred to as rare case) execution of the judgment, of which the first two associated with the earth, is still closely linked to China after a rare case in involved tungsten, molybdenum resources. According to the "Daily Economic News" reporter, resource tax reform is a systematic project involving the central, local and on downstream businesses, which means that the schedule after the Ministry explicitly tungsten, molybdenum resource tax reform to mention, very anxious voice domestic iron ore resource tax reform introduced time or later than expected.
How rare tube
Tungsten, molybdenum, lead resource tax reform background dates back to 2012.
March 2012, United States and Europe for Chinese rare earths, tungsten, molybdenum related products export quotas and other management measures to prosecute to the WTO. December 13, 2013, the panel submitted its final report for up to 261, March 26, 2014, the WTO preliminary export quota of rare earth, tungsten, molybdenum related products taken, export licenses and export restrictions price measures are inconsistent with WTO regulations, followed by an appeal to China, but in the final ruling in August 2014, the WTO ruled that China's rare earth export policy is still illegal.
After this, the rare areas of continuous action. August 2014, Baotou Steel Rare Earth, Xiamen Tungsten and aluminum companies have confirmed their Rare Earth Group's plan to get the Ministry of Industry for the record, then, Minmetals, Ganzhou Rare Earth Rising colored and also has approved the formation of the rare earth group. Su Bo, vice minister of the Ministry of Industry on January 28 this year, said the six Rare Earth Group will integrate all the country's separation of rare earth mining and smelting enterprises before the end of 2015, to achieve a substantial reorganization of assets as the link.
Su Bo also said that the development and introduction of "rare Regulations" in 2015 as the industry's priorities. He said, according to the general requirements of the State Council, resource tax reform, pay close attention to the introduction of relevant rare earth resource tax reform program to improve the motivation and the ability to protect local resources to meet the WTO rules, to achieve effective protection and rational exploitation of rare earth resources. According to the development needs of the industry, the Ministry will amend the "rare earth mandatory production plan management approach", "rare earth industry access" documents and other departments to further improve management measures.
In addition, this year the Ministry of Commerce revoked the rare earth export quota management, to license management; May 2, rare earth export tariffs will face the cancellation deadline, so the introduction of resource tax is extremely urgent.
An official from the Ministry of Land told the "Daily Economic News" reporter about the reserves of rare earth: "This is definitely do-control, not the front-end regulation, post more passive in the international court, you can not completely restrict exports, mining restrictions can only say that from the front. "
However, under the jurisdiction of the Ministry of Land which a mother is difficult in many provinces. "Land and Natural Resources has been to limit the total amount of rare earth mining, but also large scale stealing some places strict supervision, supervision loose in some places." He said, a coastal province in mining index was over 2000 tons a year, but the yield tons, "It's lax oversight."
He also said: "total control not to card production, mainly for new capacity limit capacity expansion, new capacity to set a high threshold for the original problem are more barriers to entry is low..."
He said that to strengthen the important mineral resources such as rare earths and tungsten ore total control, ready to establish protection and reserve base. Currently, the Ministry of Finance to establish regular communication with the mineral reserve issues.
Iron ore resource tax reform to wait
RE resource tax reform is certainly imminent. Tungsten and molybdenum are also listed on the agenda. These can understand, where international lawsuit arrayed it, so many pairs of eyes staring at the international, must be tight with these kind of come.
As a result, quite strong domestic iron ore resource tax reform, it seems to wait up.
Domestic iron ore why to wait in line? Since the introduction of the product every resource tax reform must involve the central and local, on the downstream business, to have a statistical approach.
Resources from the amount of tax levied to ad valorem, first make compensation fee and resources tax merger, the combined central and local governments into how computing is a big problem, and there are tax standards.
Since December 1, 2014, the coal resources to implement ad valorem tax reforms in the country, mixed. So, just do a try coal, tungsten, molybdenum has a column on the agenda, iron ore resource tax reform is estimated to be, and so on up.
In addition, industry analysts had on the "Daily Economic News" reporter said that even tax cuts apply mode coal iron ore industry, the compensation fee rate to zero, stopped levying mining environmental management to restore the margin, price adjustment fund and other expenses with respect to the various taxes and nearly ten, the tax cuts is very limited.
Tons of imported iron ore price from $ 13.45 billion at the beginning of 2014 plunged 52.6 percent to $ 62.2 February 11, so that the domestic mining resource tax costs of a sudden from the previous total of 1/8 price rose 1/20 more.
Iron ore resource tax has not been changed by the amount levied ad valorem. Calculated by ore, one ton of ore resource tax is 15 yuan, one ton of iron ore resource tax would have 50 to 60 yuan.
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With the Spring Festival approaching, tungsten City mainstream continued maintenance of stability
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- Published on Thursday, 12 February 2015 13:59
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Tungsten market: tungsten smelter home basic full suspension this week, as the Spring Festival approaching, buyers and sellers operating enthusiasm is not high, the market is still a small number of transactions tungsten scrap, mostly bulk cargo turnover, and the price more low, tungsten ore after the strong bullish sentiment in the business, and the enthusiasm is not high, little inquiry Scheelite spot market, continue to rise weakness. Little spot market transactions, the main city of tungsten continued maintenance of stability, the main holding stability before the holiday.
Tungsten scrap market transactions are still a few, and the price much lower
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- Published on Thursday, 12 February 2015 13:58
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Currently there are few scrap tungsten market trading, mostly bulk cargo turnover, and the price much lower, but this does not mean that scrap tungsten steel prices lower, but due to reduced receipt of businesses.
Hebei out in the last week of receipt of the traders have been coming back home, Zhejiang and other places in the distribution market is very deserted, and only a small number of local traders in fragmented delivery, receipt and try to drive down prices, local market trade in Hebei Suppliers also continued receipt.
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Tungsten prices stabilize, subdued spot market transactions
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- Published on Thursday, 12 February 2015 13:56
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Tungsten ore business after years of strong bullish sentiment, operations are cautious before the Spring Festival, and the enthusiasm is not high, many are tempted to understand Inquiry, tungsten ore prices in the range of high stability maintenance, market turnover is rare. It is understood that the spread between the individual trade tungsten ore wolframite 60 degrees now mainstream prices are still close to 1.13 yuan / kWh.
Because most home tungsten smelter stop quotes, stock market shortages, tungsten product price is slightly higher this week, a rare, more close range high. It is understood that APT mainstream price 130,000 yuan / ton, compared with the previous 128,000 yuan / ton traded slightly better, the price of tungsten powder particles are 210 yuan / kg, compared with the previous 205-208 yuan / kg slightly increased. Little spot market transactions, the main city of tungsten continued maintenance of stability.
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Crucible Tuesday Night Darts Money League
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- Published on Wednesday, 11 February 2015 16:19
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Running every Tuesday night, the Crucible Darts Money league is one of our most popular weekly events.
This season we have 45 Players contesting the £400 first prize.
Each player plays each other throughout the season in a match of 5 legs of Darts,
2 matches of Darts are played by each player every Tuesday night.
Each Leg is a point. Every player entering the Money League receives a cash payout at the end of the season depending on their finishing position in the League Table.
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Coral UK Open Qualifiers(II)
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- Published on Wednesday, 11 February 2015 16:02
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There are some information about the begin time and place of coral UK open qualifier.
Friday February 6, Robin Park Tennis Centre, Wigan
Premilinary Round
Kevin Bambrick 6-3 John Newland
Will Harwood 6-4 Ron Meulenkamp
John Bowles 6-5 Lee Whitworth
Jamie Robinson 6-2 Tony Oak
Mark Cox 6-5 Adrian Gray
Adam Hunt 6-5 Mark Walsh
Nathan Derry 6-1 Chris Aubrey
Steve Douglas 6-2 James Hubbard
Andrew Gilding 6-2 Cristo Reyes
Steve West 6-4 Jim Walker
Prize Fund
Winner: £10,000
Runner-Up: £5,000
Semi-Finals £2,500
Quarter-Finals: £1,500
Last 16: £1,000
Last 32: £500
Last 64: £250
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Lethal Lewis Triumphs in Wigan
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- Published on Wednesday, 11 February 2015 16:00
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Fresh off the back of his impressive win on the opening night of the Betway Premier League against reigning champion Raymond van Barneveld on Thursday, Lewis continued won the first Coral UK Open Qualifiern in Wigan on Friday. Lewis maintained his stunning form as he blitzed his way through the field before overcoming world number one Michael van Gerwen in the final.
Lewis’ day began in spectacular fashion as he averaged 121.86 in an emphatic 6-0 whitewash win against Ryan Harrington at the Robin Park Tennis Centre.
Another comfortable win followed in round two as he saw off Mick Todd 6-1 before he then edged a close encounter with Peter Wright 6-4 to win his board.
Ronny Huybrechts would be Lewis' next test, and the 30-year-old would again make light work of his opponent as he ran out a 6-1 victor.
Lewis’ biggest challenges would come in the quarter and semi-finals as he faced the uncomfortable duo of Justin Pipe and Brendan Dolan in successive rounds, winning 6-4 and 6-3 respectively to set up the final with van Gerwen, who had been in similarly impressive form on the day.
The Dutchman saw off Kevin McDine, Jan Dekker, Simon Whitlock, Brian Woods and Mensur Suljovic in his opening rounds to set up a last four clash with a rejuvenated Mark Webster, who was competing in his first individual PDC semi-final for three years.
And the Welshman would prove stiff opposition for the world number one as he took the game to a deciding leg before van Gerwen took out 130 in the last leg to book his place in the final against Lewis.
After the pair exchanged breaks in the opening two legs, Lewis found his form with the darts as he reeled off five straight legs, including two consecutive 12-darters, to seal an extremely impressive victory, along with the £10,000 winners’ cheque.
“I said that I was going to have a good 2015 and this is a statement of my intent,” said a delighted Lewis.
“I started off with a 120 average and continued my form throughout the day so I am very happy. I’ve been putting a lot of work in and I’m looking forward to the year ahead.
“I owed Michael one because he’s beaten me that many times over our last six or seven games and I did so I am a very happy man this evening.”
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James Wade Triumphs in Final Dart Games
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- Published on Wednesday, 11 February 2015 15:58
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The Dutchman saw off James Wade 6-1 in the final dart games at the Robin Park Tennis Centre to take the title and maintain his spectacular run of form in 2015 which has now seen him win 25 out of 26 since the 2015 World Darts Championship.
The final installment of the weekend’s UK Open Qualifier triple-header would also see Simon Whitlock land a brilliant nine-darter against Nathan Aspinall, although the Wizard would go on to lose the game 6-4.
Van Gerwen’s afternoon began with a comfortable 6-2 win over Luke Woodhouse before he then breezed past Paul Amos 6-1 to win his board.
Two more 6-1 victories would follow in the next two rounds as he saw off Martyn Turner, wiring double 12 for a nine-darter of his own in the process, and Stephen Bunting to reach the quarter-finals dart games.
And van Gerwen would meet his opponent from Saturday’s final, Vincent van der Voort, in the last eight, eventually beating his Dutch counterpart 6-3.
The 25-year-old’s toughest test would arrive in the semi-finals as he exchanged blows with an in-form Robert Thornton before booking his place in a fourth consecutive PDC final in a dramatic deciding leg, winning 6-5.
Wade had enjoyed an impressive day on the oche himself as he beat Paul Rowley, Lee Evans, Andy Jenkins and John Henderson in his opening rounds before comfortably defeating Peter Wright 6-1 and Friday’s winner Adrian Lewis 6-3 to reach the last two.
And it would be Wade who would strike the first blow in the final as he moved 1-0 up, but van Gerwen’s blistering form would return as he took the next six legs and ran out a comfortable 6-1 victor to cap a brilliant weekend's work in Wigan which saw him rack up £25,000 in prize money.
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Darts Tournaments
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- Published on Wednesday, 11 February 2015 15:44
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Each Darts competition carries Crucible Club Ranking points. There are regular Darts Tournaments and competitions with prize money in the club.At the end of each year, the individual with the most Ranking points will be crowned Crucible Club Darts Champion. Legs of Darts against the professional players are also allocated for individuals who have accrued ranking points and participated in the Darts Events.
There are regular Darts Tournaments and competitions within the club, with prize money and legs of Darts against professional players at our Darts Exhibitions up for grabs. Since the club launched in April 2011, there were given away numerous legs of Darts against some of the best Darts players the game has ever produced. Local players have won the right to throw against the likes of Bobby George, Wayne Mardle, Bob Anderson and Peter Manley. also they given local players the opportunities to appear at the Hexagon Theatre as a part of the Legends of Darts events with the likes of Darting Legends Eric Bristow, John Lowe and Bob Anderson.
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Anderson-Taylor to Open Premier League Season
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- Published on Wednesday, 11 February 2015 15:22
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The fixtures for the opening nine weeks of the Betway Premier League have been confirmed, with Gary Anderson and Phil Taylor to meet in a rematch of the World Championship final on the opening league night in Leeds on Thursday February 5.
The ten stars of the Betway Premier League will face each other once over the opening nine weeks of the league season in a round-robin format, before the bottom two players are eliminated on “Judgement Night” in Manchester.
The dart match will kick off at the First Direct Arena in Leeds on February 5, live on Sky Sports HD, and the five matches on the night will include the rematch of Sunday’s classic World Championship final, which saw Anderson edge out Taylor for the title.
Dave Chisnall’s clash with Peter Wright will kick off the season, before reigning Premier League champion Raymond van Barneveld takes on Adrian Lewis – who landed a nine-darter when the pair met in the World Championship recently.
Debutant Kim Huybrechts will face world number one Michael van Gerwen in the night’s third clash – with the Belgian having landed a nine-darter when they clashed in November’s Grand Slam of Darts – before Anderson, the 2011 Premier League champion, takes on six-time winner Taylor.
The night’s final game in Leeds will see 2009 Premier League champion James Wade make his Premier League return against debutant Stephen Bunting, the former Lakeside Champion who comes into the elite ten-player event following a superb first year on the PDC circuit.
The second league night will see the tournament return for a tenth time to the BIC in Bournemouth, the Premier League’s longest-running venue, with the games including the all-Scottish clash between Wright and Anderson and the all-Stoke battle between Lewis and Taylor.
St Helens duo Chisnall and Bunting will take to the stage at the Echo Arena in Liverpool on Night Three as they face former champions Wade and Taylor respectively, while Anderson takes on van Gerwen in another tasty clash.
The visit to Belfast on February 26 will include the eagerly-awaited battle between van Gerwen and Lewis, while Bunting will get the chance to avenge his recent World Championship defeat to van Barneveld.
Exciting duo Huybrechts and Chisnall will also meet in Belfast, while Anderson takes on Wade in a battle of former Premier League champions and Taylor takes on Wright.
The return to Exeter’s Westpoint Arena on March 5 will open as Holland’s van Barneveld takes on Belgium’s Huybrechts before Wade meets Taylor, Lewis plays Bunting and Chisnall takes on Anderson either side of the rematch of the 2014 World Championship final between van Gerwen and Wright.
The St Helens rivals, Bunting and Chisnall, face off on Night Six in Nottingham, while the world’s top two players, van Gerwen and Taylor, meet in a repeat of the 2013 Premier League final.
The night also features a rematch of the 2011 Premier League final between Anderson and Lewis, while van Barneveld plays Wade and Huybrechts meets Wright.
World Champion Anderson returns to home soil in Scotland for Night Seven in Glasgow on March 19, as he takes on Belgian ace Huybrechts, while Lothian-born Wright will play Stephen Bunting at The SSE Hydro.
Taylor and van Barneveld will renew their rivalry in another Glasgow fixture, with Wade meeting Lewis and Chisnall taking on van Gerwen.
The Premier League then crosses the Irish Sea for Night Eight, with the five games at Dublin’s 3Arena including the all-Dutch rematch of last year’s final between van Barneveld and van Gerwen.
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