It is reported that Japan is promoting a rare earth supply security plan, hope that within four years, at least 60 percent of domestic demand rely on rare earth supply outside China. Rare is an important raw material production of smart phones, computers and cars, the Japanese want to reduce dependence on rare earth supply China's largest producer.

Japan hopes the first of this month signed an agreement to purchase four light rare earths from India; also as a rare earth mine in Australia and the Australian Lynas plant in Malaysia established to provide the financing.

Japan plans to protect the rare earth supply also created a joint venture in Kazakhstan, recycling batteries and engine rare earth magnet, even in the Pacific seabed exploration of rare earth resources.

And India agreement will be able to meet 15% of demand in Japan. According to the Japanese demand and growth data provided a rare trader estimates, according to the agreement if Lynas can increase production to 2018 Japan is expected to meet the needs of more than 60% of rare earths by China outside.

China's rare earth production currently accounts for about 90 percent of global production. Japanese purchases of rare earth almost all directly or indirectly from China.


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Currently RE market continues to slump shock, dysprosium, europium, terbium oxide, such as the demand is not satisfactory, prices held steady or continue down slightly vulnerable. At present, many of the rare earth market prices in recent years have been the least significant bit of history belongs to the lowest level or year, prices continue to slump little space, but vulnerable to long-term maintenance.

Today dysprosium products market, according to traders Ganzhou dysprosium reflect the actual price is only about 1.4 million yuan / ton, while the price is close to the bottom of the price during the year. According to other suppliers, said dysprosium with tickets currently remain steady at around 1.44 million yuan / ton. Dysprosium iron market current market weakness, slight fluctuations in the price of dysprosium oxide with a higher offer is currently at 1.48 million yuan / ton.

Gadolinium products market, nearly a month gadolinium oxide prices were little changed before the supplier slightly increase the offer of 5,000 -1 10,000 to 120,000 yuan or more, but maintain time soon, the recent mainstream market prices have been maintained at around 115,000. Gadolinium oxide and gadolinium iron mainstream market prices have been a slight concussion in the interval, the market trend is limited. The current price is almost belong to the lowest position after 2011, limited downside.

Europium, terbium oxide market, the current price of europium oxide already at the bottom of the year, breaking last year's low, but the outlook is still some room to fall, but by the sharp fall in prices in recent years, down power has weakened, businesses can accept further downside is compressed. For most business europium, terbium oxide traders, the profit is far less than before. Terbium oxide market is currently small order with ticket prices, some traders will take ticket price adjustment from 2650 yuan / kg to about 2600 yuan / kg, the demand deserted.


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