According to the US media report, the B-2 was first deployed to the Pearl Harbor-Hickam joint base in Hawaii, USA, to complete the normal deployment, or to test the Chinese radar. In response, netizens said that the B-2 is coming again, and China can pass Is it prohibited to export rare earth counterattacks?

A few days ago, the US Department of Defense announced the report "Assessing and Strengthening the Flexibility of the US Manufacturing and Defense Industry Foundation and Supply Chain." The report said that the US defense industry is heavily dependent on foreign countries and contains nearly 300 kinds of foreign military products. Among them, the demand for rare earth and other materials and spare parts in China is particularly large, such as military solar cells and aircraft LCD screens. Therefore, there are sayings that "Beijing is a major risk" and take the words that China needs to influence the US national defense security. However, it is clear that this is just a ridiculous rhetoric and a "reason" for the United States to strengthen the "China threat theory." The "drunken man's intention is not in the wine" in the United States is clear!

The black tungsten ore reserves of the rare earth kingdom rank first in the world, and the reserves of ionic rare earth resources are also very rich. Do you know this rare earth kingdom in which corner of the world is located?

Today, our impression of Baotou is no longer limited to “Going West”, but also “Rare Earth Capital”, “Rare Earth High-tech Zone”, “China Magnetic Capital” and “China Magnetic Valley” and so on! Although, the perseverance of the West Exit and the generosity of the Mongolian nation have been integrated into the blood of the city of Baotou, leaving an immortal legend.

Rare earth price in China maintains stability. The recent growth of the rare earth price of magnets directly leads to magnetic material enterprise’s procurement difficulties of rare earth raw material.

China’s Fanya Metal Exchange has listed three rare earths contracts for dysprosium, terbium and neodymium oxide in Xiamen, southeast China, through the newly founded Xiamen Fanya Mercantile Exchange, it emerged late last week.

The Xiamen Free Trade Trail Zone was opened on 27 February and the Xiamen Fanya Merchandise Exchange will trade in the Xiayu free tax zone of Xiamen city, Fujian province, China.

The zone is the second free trade in China after Shanghai and aims to become a global trading centre.

Quanxun Chen, the director of China Non-ferrous Industry Association, said at the opening ceremony that he hoped the exchange could help to improve China’s rare earths price system and exert an influence in the global rare earths market.

The exchange signed deals with three dealers and eight banks and all three contracts, worth a total of Chinese renminbi (Rmb) 30m ($4.8m*), sold out in under three seconds, according to local media reports.

In exploration news, TSX-V-listed Geomega Resources Inc. has created a private subsidiary business under the name Innord Inc.

Geomega will transfer its separation rights and laboratory equipment to Innord, which will conduct all of the company’s future research and development initiatives, starting with the scale-up of Geomega’s proprietary separation process.

"The goal of Innord Inc. (…) is to optimise the value of the separation process by facilitating its development through direct investments of key financial partners," said Geomega’s CEO, Simon Britt, on announcing the spin-off.

Speaking to IM at the PDAC 2015 meeting in Toronto, Canada, today, Britt said: "It makes much more investment sense to have internal rare earth processing technology – otherwise it’s just sent off to processing companies in China for poor returns and no global supply advantage."

Fellow TSX-V-listed Ucore Rare Metals Inc. has successfully separated individual rare earth elements (REEs) at what it described as "high purity" levels from feedstock taken from its Bokan-Dotson Ridge project in southeast Alaska, US.

The company said that rare earth carbonates, or salts, were produced from a pregnant leach solution, using a proprietary molecular recognition technology (MRT) developed by Utah, US-based IBC Advanced Technologies.

Purity levels for the separated elements consistently met or exceeded 99% purity, Ucore said. The separation procedure, which employed a customised SuperLig hydrometallurgical process, was performed across the entire lanthanide series, the company added.

"The separation of high purity REEs, without the use of environmentally costly ad capital intensive solvent extraction methodologies, is a much sought after goal in the technology metals sector," said Jim McKenzie, Ucore’s CEO. "MRT offers a means of separating REEs to high purity in a rapid and cost-effective manner, and with an exceptional level of selectivity and precision."

In Australia, Northern Minerals Ltd has said that its definitive feasibility study (DFS) on the Browns Range rare earths deposit in Western Australia has confirmed the project as a "viable and profitable source of the critical heavy rare earth element, dysprosium".

The DFS also outlined a $106m increase in the project’s net present value to $552m, with an internal rate of return (IRR) of 34% and a payback period of 3.2 years.

Browns Range now has an estimated life of mine of 11 years, thanks to additional minerals resources at the Wolverine and Banshee areas of the project, as well as an optimisation in mining methods which improved recoveries from 88% to 93%.

Dysprosium output over the total life of mine is calculated at 3.13m kg (3,130 tonnes) and a 6% reduction in operating costs has been balanced by a 5% increase in estimated capital costs, thanks in part to increased spending on equipment, Northern Minerals said.

Also in Australia, multi commodity producer and explorer Alkane Resources Ltd has recorded a net profit after tax of Australian dollar (A$) $3.3m ($2.6m) for the half-year ended 31 December 2014, down from A$4m for the same period a year ago.

Profits were attributable to the company’s Tomingley Gold Operation (TGO) which produced 41,537 ounces of gold at an all in sustaining cost of $991/ounce for the six months. The company is using cash generated from TGO to help develop its A$1bn Dubbo zirconia and rare earths project (DZP) in New South Wales (NSW).

Alkane recently received advice that the NSW Planning Assessment Commission had completed its review of the project and had recommended it could be approved, subject to certain conditions. Alkane said that its initial internal review of the PAC recommendations did not indicate any material concerns for the development of the DZP.

Guernsey-registered Rainbow Rare Earths Ltd has been granted a mining licence for the Gakara rare earths project in Burundi by the country’s Ministry of Mines and Energy.

Rainbow’s mining licence is valid for an initial period of 25 years and is renewable thereafter. This was approved by a Burundian Council of Ministers following Rainbow’s submission of all requisite feasibility studies and the completion of all environmental and social impact assessments.

The company said that terms for a mining convention have also been negotiated and approved by Burundi’s government. Once the administration process has been completed, Rainbow will look to commence mining operations.

The mining convention addresses legal, fiscal and economic terms as well as rights and obligations which have been agreed by both parties. As stipulated in this convention and in accordance with the Mining Code of Burundi, the state will hold a non-dilutable 10% interest in Gakara project.

In financial news, Canada-based Quest Rare Minerals Ltd has accepted a committed private placement financing offer from Canadian private investor Ekagrata Inc. to purchase secured convertible notes worth Canadian dollar (C$) 2.5m ($2m).

The notes will be purchased direct by Ekagrata or one of its affiliates and will mature either on 31 December 2016, or when Quest receives payment for resource tax credits from the Quebec government – whichever is earlier.

Separately, the Quebec government has adopted a decree authorising Investissement Quebec to invest C$600,000 in Quest. The investment will consist of common shares and an equivalent number of common share purchase warrants.

Earlier this month, the company received a payment of C$3m for the refundable Quebec resource tax credits and mining duty credits for fiscal years 2010-2012.

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Continuation of the current RE market desolate situation, some products reduce market volatility, traders offer steady or offer a slight decline slightly, do not want to offer ultra-low-cost shipping callback trend, but prices have not yet warmed up, businesses are still on the downside.

Lanthanum, cerium products market, steady price weakness, it is currently quoted at Ganzhou 4N lanthanum oxide is still 12,000 yuan / ton, unchanged from last week, but there ceria 3N prices down slightly compared to last week, from 1.1 yuan / ton down to 10,500 yuan / ton, according to some industry insiders now reflect whether domestic trade or export profit margins are very limited, the purchaser wants to have a lower supply.

Praseodymium, neodymium oxide price or stable or slightly slight fluctuations, heavy grass before praseodymium oxide with a ticket purchase at 355,000 yuan / ton is now down to 35 yuan / ton, before the individual businesses offer neodymium oxide in 255,000 of Now re-pullback to 26 million or more, not much volume, low-cost shipping will continue to decline. Mixed oxide, praseodymium, neodymium currently offer little change, there are businesses that Ganzhou price 253,000 yuan / ton.

Yttrium, erbium oxide-recent low prices held steady last week, there is a business down yttria 1 1000-32000 yuan / ton, this week continues to offer flat at 32,000, inquiries and transaction volume is not large, continue to look weak outlook. Today, erbium oxide prices held steady at 23 yuan / ton, basically unchanged from last week.


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RE market quotations Monday of each product is almost flat, some businesses still reflect depreciation trend inquiry received recent orders less positive on the outlook difficult to forecast. Another business that because the stock market has ups and downs, market attention is now rare decline, customers in addition to the inquiry is to discuss the stock market.

Praseodymium neodymium products market, praseodymium neodymium metal prices generally at 330,000 yuan / ton, the market lower offer in 325,000 yuan / ton. Neodymium oxide, praseodymium market, according to Ganzhou traders said many of them now offer 250,000 or less, and the prices are still bottom, there are still some traders say now quoted at 250,000 yuan / ton, the price dropped by another, it is difficult to favorable shipping .

Customs today announced the latest rare earth export data, in June the number of exports were up nearly 23 percent, the average price of 83,200 yuan month export / ton, compared to the May average export price of 74,200 yuan / ton rose significantly. But the first half of the export volume, export volume fell year on year, with exports to reduce the rate of 15.9%, the average price of 75,900 yuan in the first half of rare earth export / ton, the first half-year 2014 average export price 88,900 yuan / ton fell sharply.


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RE market extended losses this week as a whole, each rare earth prices continue to dip, near the weekend market was little changed, cold situation continue. Praseodymium, neodymium, dysprosium class and other magnetic products, such as raw material prices as part of the business is expected to continue to fall this week, last week's decline in the relative price has 10,000 yuan / ton, traders said, according to the Shanghai area neodymium oxide, praseodymium now only 250,000 yuan / ton, individual businesses Ganzhou reflects the price has dropped to 250,000 or less. Praseodymium, neodymium oxide single prices continued lower, price relatively -1 last week fell 5,000 yuan / ton or so. The current mainstream market quotations grass Shen praseodymium oxide is only about 355,000 yuan / ton, neodymium oxide fell to about 255,000 yuan / ton.

This week dysprosium and europium, terbium oxide continued to decline last week, compared to dysprosium oxide fell 1-2 yuan / ton, the current price of the basic flat with last year, fell into the lowest point in nearly a year. Europium oxide according to Ganzhou local businesses currently represent only 1300 yuan / kg, compared with last week prices fell 50-100 yuan / kg, similar to terbium oxide decreases, lower prices available on the market today only 3050 yuan / kg, and it is currently part of the business according to the needs of the current trend of view, the price is difficult terbium oxide stabilized around 3000 yuan.


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RE market is currently disadvantaged steady or continue to decline slightly, lower purchasing prices down, traders have only a single active inquiry, the actual market transaction prices generally are still running low, the market is still hit new lows. Downstream rare earth alloy market price temporarily low running smoothly, there is rare earth in Shandong Province because silicon manufacturers said prices have been very low, the recent price will not have a substantial adjustment. The NdFeB market conditions remain weak, this can hardly be stabilized prices.

Dysprosium products market, dysprosium relative weekly 140 yuan / ton continued to decline 1-2 yuan / ton, as prices continued to fall, the current price has dropped to the lowest bit last year, now part of the trade watching the market, concerned about the market Ultra-low-cost resources, but is still undecided as to whether to store goods.

Lanthanum, cerium product market, the current prices are still steady oxide, 4N lanthanum oxide 12000 / ton, 3N ceria 11,000 yuan / ton and, according to the Shanghai area businesses that received lanthanum cerium metal procurement inquiry is approaching 3 yuan / ton, although the inquiry, but not much room for profit, according to Ganzhou suppliers say now lanthanum cerium metal with no votes has dropped 26,000 yuan / ton.

Other oxides such as gadolinium oxide, praseodymium, neodymium oxide prices have continued to decline, the Inquirer trading deserted. Neodymium oxide, praseodymium continues a decline, according to traders said Ganzhou neodymium oxide, praseodymium prices have been lower now in 250,000 yuan / ton, the price earnings difficulties, if the purchase price is lower and lower operating space is not reserved for traders Big.


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