MIIT: 2015 to explore the tungsten smelting production by index

Ministry announced on its official website on the 11th, "2014 China's nonferrous metals industry in 2015 to analyze and Prospect." Hot metals market, the Ministry of Foreign clear for the first time, 2015 will explore issued ammonium paratungstate smelting production targets; research-driven tungsten, molybdenum resource tax reform. Jiangxi Tungsten Group deputy chief economist zhengbao Zhuxiu Sheng told reporters, said, ammonium tungsten smelting production index control is first mentioned.

One Keywords: Environmental

2015 non-ferrous industry operating difficulties. Ministry of Industry and the latest data show that in 2014 non-ferrous metal industry realized profits of 205.3 billion yuan, down 1.5 percent.

Downstream industry to benefit from lower prices of raw materials is obvious. 2014, dozens of commonly used non-ferrous metal mining, smelting profit of 26.6 billion yuan, respectively, and 21.7 billion yuan, down 12.4% and 13.7%, respectively, but the non-ferrous metal rolling processing profit of 89.4 billion yuan, an increase of 11.6%.

Ministry expects 2015 ten kinds of nonferrous metals production, consumption and investment will further slow growth, product prices will continue weak shock situation, the business is still great difficulty.

For non-ferrous industry problems, in 2015 the Ministry will draft "non-ferrous metals industry," Thirteen Five "development plan", "gold industry" Thirteen five "development plan" and "aluminum industry guidance"; and revised release "Lead zinc industry standard conditions "and" tin-tungsten industry norms conditions, "formulate" gold industry norm condition. "

2015, the new "green Law" will become non-ferrous industry keywords. Ministry sources, the development of the industry when planning and industry standards, to strengthen the financial, environmental and energy policy convergence, the follow-up study to establish industry standards management system.

Zhuxiu Sheng Jiangxi Tungsten Group deputy chief economist, said many companies last year because of the new "environmental law" discontinued, with the new "environmental law" into the implementation, the role of non-ferrous industry by environmental constraints will become more apparent.

Keywords II: Aluminum

China Aluminum loss of 16.3 billion yuan in 2014, is expected to climb to the top A-share loss of the king, let the people to look again toward Alcoa.

MIIT said that 2015 should resolve the aluminum overcapacity. Include: increase in the construction project supervision, and control of electrolytic aluminum production capacity expansion; encourage the region in accordance with the existing power plants and smelters chain vertical integration, combined with the power system, research-driven electricity network, owned electricity and local area between the fair price, partially reversing the high level of technology, resource loss-making situation long-term business conditions are good, because the price of aluminum caused by unfair; build on downstream aluminum industry alliance to expand aluminum in construction, electricity, transportation, aviation and other fields applications.

Aluminum Corporation of China when combined with previously mentioned media interview, too little inside China Aluminum Plant, resulting in high production costs, the Ministry of Industry in 2015 in favor of the action or the Aluminum Corporation of China.

Keywords three: Rare

Ministry of the nonferrous metals industry management priorities also mentioned in 2015, to promote the introduction of "rare Regulations"; adjust rare issued mandatory production plan ways to explore issued paratungstate smelting production targets; research-driven tungsten, molybdenum resource tax reform. Jiangxi Tungsten Group deputy chief economist zhengbao Zhuxiu Sheng told reporters, said, ammonium tungsten smelting production index control is first mentioned.

2014, tungsten prices continued to fall. Zhuxiu Sheng believes mainly by supply and demand affect the price of tungsten, tungsten smelting capacity currently surplus production targets after the implementation of control, tungsten price trend reversal is difficult to say.

Rare species of superior resources in China, the country attaches great importance to strengthening the advantages of resource management. March 2012, United States and Europe for Chinese rare earths, tungsten, molybdenum related products export quotas and other management measures to prosecute to the WTO. China loses, in 2015 China will cancel the rare earth, quotas and export tariffs of tungsten and molybdenum. China needs to re-sort the rare policy.

This time, the Ministry did not mention sensitive rare earth resources tax reform.


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