Fujian Issued Rare Earth Mandatory Poduction Plan

According to the Fujian Provincial Economic and Trade Commission, about a few days ago, Fujian Province, issued the first batch of rare earth mandatory production plan of 2013. Among them, there're 970 tons of rare earth minerals and 1250 tons of smelting separation product.

Fujian Provincial Economic and Trade Commission requires these related managing departments to check the implementation of the mandatory production plans on a monthly basis, and the producers should organize the production according to the plan; intensify the monitoring work; establish and improve the production and sales ledger; timely submit the statistical reports about the production. They will force those enterprises of unplanned and overplanned production into suspension; trace mineral sources towards the smelting enterprises and those rare earth enterprises of illegal production, acquisition and sales will be punished according to law.

According to statistics, during the first quarter of 2012, Fujian Province had exported a total of 12.5 tons of rare earth and its products, with a year-on-year growth of 74.7%.


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Honda Extracts Rare Earth Metals to Make New Batteries

Honda developed a new method, which is extracting rare earth metals from the waste batteries and other products for recycling and manufacturing new batteries again.

There is no doubt that electric vehicles and hybrid electric vehicles are cleaner cars. Compared to fuel vehicles, they emit lower, even zero exhaust gas.

Whether grid charging emits greenhouse gas depends on the source, but the battery itself is also a problem. In addition to the greenhouse gas, mining rare earth metals also produce pollution.

Recycling can reduce the demand for raw materials extraction, such as aluminum, whose recycling utilization rate of 100%. Compared with mining aluminum ore, recycling consumes less time and energy, and lowers greenhouse gas emissions at the same time.

Honda revealed they can extract more than 80% of the rare earth metal from those used batteries to make new electrodes of  new batteries. In this way, The demand for new materials will be reduced to below 20%.

Later, Honda plans to expand the recycling project to other rare earth sources, including old batteries from electric motorcycles as well as scrap metal recycle bins.

                   HONDA


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Xinfeng Rare Earth Separation Project

The key construction project in Shaoguan City --- the Xinfeng rare earth separation project of the Zhongse Southern Rare Earth to process 7,000 tons of rare earth per year, has passed the assessment of the international consulting firm and the Ministry of Environmental Protection Department and entered the land pre-trial and social stability maintenance risk assessment stage.

Early at the beginning of the workday of this year, Xinfeng county has organized a theory-learning group and invited Tu Ganhua, the deputy general manager of the Xinfeng Corp., Zhongse Southern Rare Earth and rare earth expert, to carry out the "understanding of rare earth seminars and collectively learned Rare Earthindustrial development-related knowledge and complicity of rare earth industry development plan. Nearly 300 people including the county authority and the principal leaders of the towns (street).

Mr. Tu firstly introduced the latest news about the city's key construction projects, that is the rare earth product of processing 7.000 tons of rare earth of Xinfeng Corp. Subsequently, he explained in detail the basic knowledge of the rare earth elements, and carried out the analysis of the situation of China's rare earth resources, introduced rare earth products' wide range of applications and discussed with the participants on how to develop, use and protect the local rare earth resources in Xinfen, so as to cultivate feature industry and accelerate the development of the economy.

              rare earth mine


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Rare Earth Metals Outlook

In recent years, rare earth products has been in oversupply situation, and there even appeared the price war, which not only led to some product prices falling more than 40%, caused a great deal of pressure on profit margins for products, and forced many of the poor performed corporation into bankruptcy, even if most of the existing enterprises are operated under a very low profit.

According to the analysis of the business communications company in the United States, it seems that the situation reached its lowest point and there's an expectation of reversing this situation. Particularly with the growing of the demand of automobile, computer, consumer electronics products and mobile electronic devices, the application of rare earth, especially in the automobile exhaust catalysts, permanent magnets, and rechargeable batteries will continue to increase. In the next few years, the demand of Neodymium and cerium for permanent magnet and automobile exhaust catalytic converter  will increase in a larger rate. In addition, Ni-MH batteries, medical devices, sensors, dental and surgical lasers will also demand for more rare earth. Magnetic refrigeration will be commercialized and Erbium-doped optical fibers will enter a new round of demand.

Therefore, the U.S. commercial communications company predicted that the global demand for rare earth in the next few years will grow at the speed of  an annual 3.2 percent rate and reach about 90,000 to 100,000 tons. In that time, the world's rare earth output value will reach $ 2 billion.

               稀土金属


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2013 Jiangxi Province Transfer Of Five Non-Ferrous Metal Exploration Rights

Learned from the Jiangxi Nonferrous Geological Prospecting Bureau, the council determined prospecting goals this year, year and strive to implement more than 10 medium-sized tungsten ore, copper ore, iron ore, lead and zinc, gold and other mineral exploration were copper, gold , more than 3,300 tons of lead and zinc, chromite, iron ore and other resources, and the transfer of five prospecting and mineral rights transfer income of 200 million yuan.

It is reported that this year the council geological prospecting work of national implementation prospecting breakthrough strategic action and Jiangxi Province, Poyang Lake Ecological Economic Zone, support the Gannan and other former Central Soviet Area revitalization and development of the favorable opportunity, geological prospecting efforts to achieve new breakthroughs in full a dozen more than the years the implementation of the medium-sized tungsten ore, copper ore, iron ore, lead and zinc, gold and other mineral, including: the implementation of large, two extra large tungsten mineral deposits, the implementation of the medium - large copper producer to 2, the implementation of the medium-sized iron ore origin 1 to 2, 2 implementation - large lead-zinc producer, newly discovered large gold Origin 2 to 3 new implementation of a number of independent mineral rights exploration base for the new provincial focus on prospecting a breakthrough District. Large copper-the sulfur gold mine detailed investigation report and submit, verify very large gold mine exploration report each.

Year and strive probe was 32.95 million tons of copper, gold, lead, zinc, chromite, iron ore and other types of mineral resources, including: exploration tungsten trioxide resource of 300,000 tons of copper resources of 500 million tons, gold resources 665 tons of lead and zinc resources in the amount of 100 million tons of chromite resources of 10 million tons, 10 million tons of iron ore resources. Through these efforts, and strive to achieve the business objectives throughout the year: a geological prospecting business currency workload of 200 million yuan, drilling footage over 200,000 m, the mine sales revenue of 100 million yuan, 10 million yuan of profits, the transfer of five prospecting rights, tenements transfer revenue of 200 million yuan.

According to reports, last year the council output value in the geological survey, talent introduction, drilling footage qualification upgrading achieved the best results in history, a total implementation of the geological survey of 146 projects, the introduction of various types of technical personnel more than 200 people, drilling footage super 200,000 meters, qualification upgrade or new legislation 18, the amount of the contract surpassed 100 million yuan, the Dongxiang I Square gold-lead-zinc census project, Fuzhou Chongren Dahua tungsten ore census project, Yichun the Yuanzhou jinrui gold mine exploration Zimbabwe project achieved good prospecting effect.

 

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The Harm Of Illegal Rare Earth Refining

Local residents, this place is to commence in May and June of last year, refining rare earth. The site area of ​​four or five Shimu, there is a the physical penetration separation pool, chemical reaction pool. The chemical reaction pool inside the acidic liquid such as oxalic acid, not far from the store after the semi-finished rare earth refining. Chemical reaction of the exhaust gas liquids, basically direct emissions, the number of submissions in the downstream red liquid in can be seen everywhere in the drains. Local residents downstream vegetable plot has been contaminated.

It is understood that the rare earth refining process is more complex but also very low content in the ore, rare earth elements belonging to national strategic material, and high prices in the international market, so people have been in order to seek benefits for illegal refining rare earth. Need a lot of water in the rare earth refining process, refining rare earth would choose to water and emissions convenient, near water sources or reservoirs.

Shenzhen University professor in the Department of Chemistry and Applied Chemistry, Zhen said, every attached pole will be used to a large number of solvents, these media requires a lot of water, so it's water consumption is great. Wen said the Professor of the extraction of rare earth has been strict control must be state licensed to carry. Once refining rare earth waste acid, waste, waste without any treatment directly discharged into the water source, will produce a very bad impact on the surrounding environment.


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Sliding Prices in Neodymium Metal Market

Consumers delay purchasing further and lose confidence in current market. Neodymium metal mainstream prices slide from RMB430,000-450,000/t(USD53,064-72,360/t) last week to RMB410,000-430,000/t(USD49,848-53,064/t) at present.

A source from a smelter in South China claimed that the plant lowers their offer further to RMB430,000/t(USD53,064/t) at the moment. As consumers rely on immediate purchasing, they are under great pressure to conclude deals in bulk. "We have to lower our offer to stimulate deals for the time being." said the source.

"I am pessimistic about the future market," added the source, disclosing that the plant produces around 25 tons of neodymium metal per month.

A source from another smelter in South China noted that buyers are still cartious in rebuilding stocks in bulk. The mainstream prices slide slightly to RMB410,000-430,000/t(USD49,848-53,064/t) at present. "We resume production this month and now it is hard to conclude deals as consumers delay pruchasing further." said the source.

"I heard that some suppliers even sold the material at RMB400,000/t(USD64,320/t) last week," added the source, disclosing that the plant produces around 30tons of neodymium metal per month.

             


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The Top 20 Countries of Rare Earth Export Trading in 2012

Product name: rare earth metals, yttrium, scandium and their mixed inorganic or organic compounds.
        
        Nation              Quantity              Sum

116 Japan            3,952,172 kg       $201,236,100

502 U.S.A.          3,453,611 kg        $142,987,543

305 France          2,641,642 kg        $126,929,474

110 HK                558,890 kg          $85,058,092

307 Italy              464,300 kg          $15,323,161

141 Vietnam        419,781 kg          $22,384,306

121 Macao           339,000 kg          $16,475,828

309 Netherland     331,537 kg          $24,709,754

304 German         229,263 kg          $25,257,476

133 Korea            225,728 kg          $23,973,438

410 Brazil            221,300 kg          $3,577,870

303 British           179,279 kg          $3,863,986

129 Philippine      126,040 kg          $5,461,324

344 Russia          89,350 kg            $1,979,159

501 Canada         67,554v               $2,973,168

136 Thailand        66,594 kg            $2,739,571

143 Taiwan          38,131 kg             $3,543,859

312 Spain            34,000 kg            $2,076,420

315 Austria          21,906 kg            $2,302,039

111 India             17,051 kg              $1,384,221

   Total        13,477,129 kg      $714,236,789

Remark: If the actual import and export of goods do not take place within a specified period of time, the query results of the commodities in that period will not be displayed in the table.


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Australia's Lynas Appoints New CEO

Eric-Noyrez Australian rare earth miner Lynas Corp. announced Monday the promotion of Eric Noyrez to chief executive officer as of March 31.

Noyrez, who was chief operating officer for the last 12 years,  will take over from Nicholas Curtis, who will remain on the board of directors and be responsible for strategy development.

The company said it was a good time for the planned CEO transition to take place following the recent first products coming out of its Malaysia rare earths plant.

Prior to Lynas, Noyrez spent nine years with Rhodia, a French chemical group now part of the multinational Solvay Group. He was head of the its silcea division, which is a major consumer of rare earths. Before that he worked with Shell, managing chemical and industrial businesses, as well as automotive group Peugeot/Citroen.

The Lynas advanced materials plant (LAMP) in Malaysia is the world's largest for rare earths processing.


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The Prices of the Rare Earths Fluctuate, Suppliers Expect Rises

Today, some of the suppliers of rare earths market ajusted the price, the market transactions are in general, industry participants reflect the instability of the recent rare earth market.

It is understood that
individual traders today raised the praseodymium neodymium metal tax offer to 410,000 yuan / ton, the tax price of gadolinium oxide increased to 145,000 yuan / ton. The suppliers of the praseodymium neodymium oxide and dysprosium iron also mobilized the price. Previously, the excluding tax price of  the neodymium oxide was 260,000 yuan / ton, and now it's raised to 265,000 yuan / ton. The tax price of dysprosium iron was reported 2.05 million yuan / ton and now raised to 2.1 million yuan / ton. And we all know that as early as last week, the tax price of the praseodymium neodymium metal was 410,000 yuan / ton, and the offer of the  neodymium  praseodymium oxide being of 265,000 yuan / ton excluding tax has been common. Although no significant change has been caught sight of in the actual transaction price, cargo operators insist their offer and the price-holders in the rare earth market increased.

In addition to some high active rare earth metals in the market, like praseodymium neodymium metals, gadolinium and dysprosium, some of the salts of rare earth market still downturn, such as lanthanum, cerium carbonates, chlorides, etc.. According to some traders in Shanghai, the salts of rare earth is more difficult to sell, and the market turnover is not good.  The tax price of cerium carbonate was 24,000 yuan / ton, lanthanum cerium chloride tax price at 17,000 yuan / ton. Rare earth carbonate market tax price is around 30,000 yuan / ton.

                               稀土氧化物


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