Foreign media said North Korea's underground resources so coveted around the world. Not only China, Russia, Britain, the United States have an interest in Japan is particularly keen. Japan's goal is rare. Necessary rare earth materials with excellent chemical resistance, electrical resistance, light resistance, cell phones, computers, cars, generators, etc., also known as "the tip of the vitamin industry."

According to South Korean reports, after the Sino-Japanese relations cold, Japan began to be interested in Korea's rare. Japan accounted for 56 percent of rare earth in China [-2.36%] export amount. The deterioration of Sino-Japanese relations have adverse effects on exports of rare earths, a mortal blow to the Japanese industry. Indeed, this concern has become a reality. In 2010, Japan's territorial rights at the time of the Diaoyu Islands dispute was triggered bitter lesson.

Japanese imports of rare earths have tried to achieve diversification. In order to ensure a stable supply of rare earths, Japan is considering to Vietnam, Kazakhstan, Estonia and other resources, after that North Korea has a wealth of rare earth resources. North Korea was not too concerned about the rare earth before, North Korea since the 1980s recognized the value of rare earth, but need to be set up large-scale production equipment, so no idea. Because of the Sino-Japanese dispute, North Korea began to face rare value. The results March 23, North Korean state resource development Provincial Bureau of Investigation and Australia and other countries to carry out a survey released geologist, Korea buried in 216 million tons of rare earth. Bureau of Investigation declared proudly, "2010 world's rare earth consumption is only 14 million tons, Korea abundant reserves."

The result is that the estimated value of the Korean announcement, not a direct investigation, can not be sure. Government-related personnel, said, "North Korea's rare earths contained in a variety of trace minerals," "there is speculation economy is about 48 million tons of rare earth." But it is also China's rare earth reserves (89 million tons) Following, ranking second in the world.

January 2014, China decided according to WTO (WTO), the abolition of rare earth export quota system, in accordance with strict environmental standards to control production. When mining rare earth fluoride and dust, but also produce radioactive thorium. Requires extensive use of chemicals during processing, thereby resulting in an exhaust gas, sulfur oxides (sulfur oxides), sulfuric acid and other pollutants, it requires wastewater treatment equipment.

This is the reason for Japan's wish to improve relations with North Korea, because North Korea is not as Chinese environmental regulations harsh. In October 2014, cooperation between Russia and the DPRK, the DPRK decided to proceed inland railway maintenance works, while intervention in the Korean development of rare earth and act as funders also for this reason.

North Korea in rare for the media, with China, Japan, Korea and carefully maintain relationships.

Kim Jong Il, who had been instructed "with South Korea to develop underground resources." There will be no sale of the original ore added value, and therefore urged South Korea to jointly develop and enhance the added value then sold.

On the current inter-Korean relations, although still far away from the common development of rare earth, but South Korea is not without interest. 2011, with the North Korean government had advance Gangwon Pyonggang County rare earth mine development project. But the need to calculate, as at present imports from Japan has processed rare earths and the purchase of equipment from Japan to jointly develop the two Koreas, the two which one is more profitable.

Reported that China is very concerned about North Korea's rare. China Rare Earth can suppress Japan, Korea reluctant to become the new supply countries. Therefore, China is still a small amount of rare earth imports from North Korea. According to the Korea International Trade Association, 2014 North Korean exports to China of about 60 tons of rare earth.


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At present, all varieties of rare earth market or low steady or continued to decline, and now many businesses reflect oxide prices are still falling channel, take time to stabilize the market, short-term market trend is still not optimistic.

Lanthanum, cerium oxide changes in the market is not, at present, according to manufacturers that offer 3N Baotou lanthanum oxide is currently quoted at 14,000 yuan / ton, ceria price at 1.25 yuan / ton, traders Ganzhou region 500 is slightly lower 1000 yuan / ton, lower prices have been steady in recent weeks. Europium, terbium market demand scarce, prices continue to continue to decline relative to last week, before europium oxide offer in 2000 yuan / kg cargo hold a wait and see attitude loose merchant shipping, offer down to 1900 yuan / kg, there are fewer people in the industry to reflect europium oxide person inquiries, lower transaction prices. Furthermore terbium oxide prices continue weakening, the current mainstream market has fallen down around 3900 yuan / kg.

Praseodymium, neodymium products, currently neodymium oxide, praseodymium, neodymium and praseodymium metal thinly traded, according to the supplier of Ganzhou praseodymium, neodymium metal with a vote now 395,000 yuan / ton, praseodymium, neodymium offer also fell to 310,000 yuan / ton position. Dysprosium products prices also hit year lows after the current price of 1.7 million yuan dysprosium oxide / ton, 1.75 million yuan with votes dysprosium iron / ton, and some have been shipped trading businesses continue watching the market, careful purchasing, some businesses are because before been on the sidelines, worried about the current market outlook continues to choose the right amount of shipments fall, but the high cost, there is a loss situation.


Rare Earth Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
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After the beginning of uncertainty, market participants gradually adapt to the new regulatory regime, the recent demand for Chinese rare earth has been warmer.

Subject to change and the impact of the export license export port restrictions, January sluggish demand overseas Chinese rare earths, rare earths and February exports increased by 24% to 2052 tons, January exports fell 49% to 1,457 tonnes.

In mid-February until the end of the Chinese New Year holiday, Chinese exporters shipped more concentrated, more contract in January or early February to sign, thus increasing the amount of rare earth export in February. January is also due to weaker demand in the coming Chinese New Year, Chinese exporters to suspend operations until the end of the holiday.

Meanwhile, China's rare earth export market is the new force, which has to a certain extent, pushed up exports in February. It is understood that many not previously export of rare earth producers and traders at the end of January and early February successfully applied to the export license and has started exporting.

In addition, China has increased efforts to combat illegal rare earths, China's export market is therefore subject to support. According to traders, said consumer business has been very difficult for them to low-cost procurement of illegal rare earth resources. October 2014, China's Ministry of Public Security and other eight ministries rare special action has been officially launched and will end March 31, 2015, relating to public safety, taxation and environmental safety and other aspects, the pooling of resources, to prevent illegal trade.

January 2015, China Guangdong Public Security Bureau of Shenzhen Customs union, Huizhou City, smuggling run, Xiamen, Beaconsfield, Huangpu, Nanchang and Hohhot Customs Bureau, and organized large-scale smuggling operation.

Recently, the first batch of rare earth total control of China's Ministry of Industry announced an increase in 2015, while activity will continue to combat illegal rare earth, which are imported from China to bring a lot of comfort to the rare earth companies.

China's first batch of rare earth ore control a total of 52,500 tons, the total smelting and separation products for 50,050 tons, an increase of 12% and 10.6%, respectively. China is consolidating and the separation of rare earth mining companies for the six Rare Earth Group, and will be completed by the end. The payment of the total rare earth control showed preferential policies for large rare earth enterprises.

However, China's imports of rare earth enterprises are still relatively cautious orders. Many importers believe in China in May after eliminating tariffs which will arrive in a more muffled purchase price, but also expressed concern about the impact of China's resource tax reform on prices of recent weeks, some enterprises began stocking.

Earlier there was news that China resource tax reform program will be announced in March, and then up to now have not yet released any further information.


Rare Earth Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
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RE market continued light, low volumes, more than a continuation of last week's weak product prices this week, including dysprosium products prices showed a larger decline. This week more than one oxide transaction price decline, such as praseodymium, neodymium, erbium oxide, some suppliers of the transaction price or offer lower than last week about -1 5,000 yuan / ton, europium, terbium oxides have adjusted in the range of 50-150 yuan / kg, close to the weekend the majority of oxide prices temporarily stabilized steady, but the outlook is still possible to run further disadvantaged. Lanthanum, cerium oxides continue to remain low, 3N5 lanthanum oxide remained at around 13,500 yuan / ton, about 3N ceria 1.15-1.2 yuan / ton.

Currently the price of dysprosium from last weekend's 180-185 yuan / ton to the current 172-175 ten thousand yuan / ton, while today, according to industry and individual businesses to reflect the lower prices now dysprosium already approaching 1.7 million yuan / ton, suppliers are willing to take the goods smoothly none further price cuts, the recent price of dysprosium has repeatedly declined to allow some businesses worry wait hold stocks continue to fall shipments will increase in the afternoon, there are still some businesses bearish outlook on the market.


Rare Earth Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email: sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com