MIIT regulation of rare earth industry, major efforts

Recently, there is news that the State Ministry of many ministries to jointly conduct nationwide Rare remediation work, the current regulation scheme has entered the stage countersigned by the various ministries. It is understood that this regulation is still rare to combat the "black" rare earth-based, but the "anti" scope and intensity will be more than in past years.

In May this year, the Ministry had proposed a "new round of rare earths to rectify." After this, the first to Ganzhou rare earth industry consolidation: to develop a "Ganzhou Rare Earth Mining order rectification and supervision special action program." Ganzhou Rare Earth industry for remediation has launched nationwide Rare remediation work to lay a critical foundation.

Investment Advisor in the metallurgical industry researcher Yuan Zhibin that since smelting and separation capacity higher than the national overall targets stipulated rare earth mining, once the private mine checked, some lack of resources smelting companies may be forced to stop separation, while some companies have likely to accept higher prices of other rare earth ore. Meanwhile, the rectification work carried out will also allow traders to hoard goods will gradually strengthened, conduction through the layers after the rare earth industry for the whole industry chain will also be presented in terms of price expectations.

Insiders expect this year with the Ministry of illegal mining of rare earth remediation efforts to further strengthen the relevant cut-off will probably be able to further increase the total amount, which is to eliminate unhealthy competition in the entire industry, the formation of a large group of rare earth and other aspects can play a certain effect.

"For listed companies, involved in mining business performance is expected to be substantially improved, and as the demand for the downstream industry chain has not yet appeared significantly improved, so this will result in not involving mining companies there is a big operating results uncertainty. "Yuan Zhibin representation.

MIIT vice minister Su Bo had previously noted that the large enterprise groups to effectively assume rational development and utilization of resources, environmental protection, leading rare earth industry transformation and upgrading of responsibility, completely changed the industry scattered, chaotic, and poor production patterns, improve the rare earth industry core competitiveness .


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