Rare Earth Symposium will Be Held Soon, Attention on Rare Earth and Tungsten

Last week, nine tin enterprises in the country decided cut back production of 17,000 tons in 2016, which take place about 12% of national yield. It’s expected that it doesn’t exclude the possibility of purchasing and storage business in the future, reduction of output and purchasing and storage tin supply and demand situation is expected to improve.

On January 29, the Ministry of Industry, Development and Reform Commission and other 12 ministries and six Rare Earth Groups will hold symposiums, of which research to determine the development ideas and objectives tasks of the 13th Five Year Plan, also the main tasks and the emphasis in 2016 and focus in 2015 by tariffs and quotas and other effects, rare earth continued to fall, exports surged, low-priced exports of rare earth seriously expected that the meeting will be rare earth, tungsten, and other advantages of small Chinese metal industry management and future policy discussions, the proposed focus on rare earths, tungsten. 

Focus on long-term, during the 13th Five Year Plan, the domestic nuclear power industry is expected to be in a new round of construction peak, while China's independent nuclear power technology is expected to usher in substantial export orders, the proposed focus after nuclear power equipment industry chain and nuclear spent material handling market.

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