Black RE by trade circles "whiten" the flow of aluminum and other companies

RE occupy more than half of the formation of the black market chain market order was severely damaged

Currently on the market circulation "black Rare Earth" has been more than half. RE normal market order has been seriously damaged, and the most recent price peaks before and after the June 2012 compared to last year, prices of many rare earth products fell nearly 70 percent.

Illegal rare earth hands down the flow through a number of companies and other large companies Minmetals Aluminum


Some illegal poaching and unknown sources of rare earth minerals, after seven companies each other hands down, circulation, after issuing a formal invoice washed, flows, including aluminum, Minmetals Group and other rare earth smelting separation of large enterprises.


MIIT findings: Hunan four rare earth companies suspected of illegal mineral 730 million acquisition of the amount

The sampling survey group 3 City, Hunan Province (state) of eight rare earth trade enterprises, Baojing abundance of mineral trade Co., Ltd., four companies, directly allegedly acquired illegally minerals total of more than 4400 tons, more than the amount of up to 7.3 million yuan.

Aluminum Company: RE related work uphold law compliance operations

The inflow of aluminum saying "Black RE" on the market, the aluminum company responded that its affiliated companies in the rare earth raw materials procurement and other areas, has been in accordance with relevant state laws and regulations, adhere to the law compliance operations.


Minmetals Rare Earth: Information uncertain reports mentioned is true or false

Minmetals Rare Earth side said, has been concerned about reports of "black rare" inflows, but because there is not now a subsidiary to communicate, so the company mentioned in terms of uncertainty reported information is true or false, it is recommended to ask someone's direct enterprises.

RE enterprises generally have enough to spare capacity to digest illegal rare earth channels

If strict accordance with national mandatory program production, from upstream to downstream rare earth enterprises generally face 'hungry' questions, these idle capacity will become the best channel to digest the illegal exploitation of rare earth mine.

RE trade to increase local taxes tacit connivance of local government to take

In addition to the back of repeated interest-driven, the rare earths trade can increase local taxes, local governments adopt the attitude of acquiescence or connivance, has become an important reason for its rampant violations of individual enterprises.

Many ministries will carry out a new round of crackdown on illegal strike to keep the pressure up

Given the rare black ore rampant, there are people close to the special inspection group said, many ministries will also launch a new round of crackdown, continue to maintain high vigilance in the fight against illegal activities.
 

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