China’s Rare Earth Production Accounted for 80% of The Total Imported from Japan
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- Category: Tungsten's News
- Published on Friday, 12 July 2013 09:43
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April 1-2013, Japanese rare earths imports increased by 19% than the same period last year, 4300 tons. Among them, China’s rare earth production accounted for 63%, 11% higher than that of last year. Outside China, and larger imports of the France and Vietnam to produce rare earths, which are more than rare earths from China procurement processing of rare earth products, so many view actually chinese-made rare earths to Japan imports 80% of the total.
Chinese rare earth proportion is rising, a Japanese company is specialized in rare earth trade argue that because the local producers of saddled with a large number of inventory low-cost sales “. China is both a producer and demand, as a result of production more than demand, expanding exports.
Neodymium magnet) (for Chinese export prices at the end of may for about $77 per kilogram. And dysprosium (used for magnetic) for about $575 per kilogram. Respectively compared to April fell by 4%, compared to high fell more than 80% in July 2011. Neodymium hitting a new low since 2 years and eight months, dysprosium and hit a new low since 2 years and 3 months.
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