Action against illegal mining of rare earth bear fruit prices rose 10 percent two weeks

Pre-downturn rare earth prices rose for two consecutive weeks. Data show that on June 25, neodymium oxide, praseodymium prices 27 to 275,000 yuan, metal praseodymium neodymium 34 to 35 million yuan, up about two weeks ago than 20,000 yuan / ton; dysprosium 1.35 million yuan / ton, terbium oxide 2.6 million yuan / ton, respectively, compared with two weeks ago, up 20 million. Rare earth prices rose by about 10% within two weeks as rare in recent years.

Rare is the primary cause of the price rise recently Ganzhou action against illegal exploitation of rare earth bear fruit. Recently, Jiangxi Xunwu County Public Security Bureau received a report from the masses in rural water Keng Hau Village destroyed an illegal exploitation of rare earth deposits, Yuan Mou suspects were arrested on the spot and the migrant workers five, seized 240 packages refined rare earth, water, earth nearly 100 packages, excavators 1, vehicle 2.

According to statistics, from June 8 Xunwu County in the fight against the illegal exploitation of rare earth special rectification action since the County Public Security Bureau has in the car left the town and water Wenfeng Township Township successfully destroyed the illegal exploitation of rare earth ore point three, arrested suspects Detention people 4 people.

And this is only the Ministry have launched to combat illegal rare earth mining and smelting operations in one example. According to the reporter, the Ministry of Environmental Protection Ministry have jointly Customs, Ministry of Land Resources, Ministry of Commerce and other ministries in several rounds of inventory. Su Bo, vice minister of the Ministry of Industry revealed that this year will take more stringent measures against, including the combination of rare earth invoice monitoring system implementation, and resolutely deal with a number of typical cases.

"Combating the illegal exploitation of rare earth prices have been affected." Rare earth metal analyst Rui Tao Gao Yan believes that the current round of price rise is characterized by rare earth oxides and rare earth metals prices midstream first to rise, while the upstream rare earth concentrate prices also did not rise, the current rose varieties listed above are limited to light rare earth metal neodymium and praseodymium oxide, dysprosium and terbium oxide heavy rare varieties of metal smelting and separation part reflects the characteristics of supply constraints.

Reporters learned that, after the prices of rare earth oxides, Ganzhou Rare Earth Mining Next intends to improve the price of rare earth concentrate.

Another reason for the price rise of rare earth is warming downstream demand. Gao Yan believes that the current large number of rare earth permanent magnet factory operating rate of seven to eight percent, smaller capacity utilization rate was estimated four or five percent. Advanced Technology introduced the second quarter of this year, the operating rate and order rare earth permanent magnet better than a quarter and the previous two years. It is estimated that rare earth permanent operating rate of about 56 percent last year, only three percent.

Currently, traders are reluctant to sell the rare earth emotions, but getting goods downstream firms remained cautious, maintaining low inventory operations.

Expected upstream firm Baotou Steel Rare Earth, Rising Nonferrous other rare earth prices will directly benefit from this round bottomed.


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