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At present, in order to protect rare earth resources, China has begun to restrict production and exports, which has triggered a strong reaction from the West. Just this month, China and the United States have almost simultaneously reported that they will establish a strategic reserve of rare earths...
Rare earth sale pain
China's rare earth reserves and production rank first in the world, and it is recognized as a rare earth resource country. China's largest rare earth producing area is in Baiyun Obo in Inner Mongolia and Liangshan Prefecture in Sichuan. Rare earth has rich and excellent properties of light, electricity, magnetism, superconductivity and catalysis. It is widely used in cutting-edge science and technology, and is known as “industrial MSG†and “mother of new materialsâ€. Due to the phenomenon of over-exploitation and blind competition, China's rare earth resources have not been effectively protected and developed, and resource benefits have not been revealed. People in the industry joked that "it is gold selling radish prices."
The stimulation of overseas markets has led to the indiscriminate exploitation of rare earths in China. The disorderly development of various illegal small workshops has caused a large loss of rare earth resources. Over the years, China's rare earth recoverable reserves have fallen from more than 80% of the world more than 10 years ago to 52% today.
The establishment of a strategic resource reserve system is imminent
“In order to control the total amount of rare earth minerals mining from the source, the land and resources department clearly put forward the application for “suspending the acceptance of rare earth mining rights†in 2009, but in practice it has been stopped.†Relevant personnel of the Inner Mongolia Land and Resources Department said. Despite this, the supply and demand situation of rare earth mineral products in China has not been optimistic. Even if the total amount of mining issued by the Ministry of Land and Resources is lower than that of the other two ministries, it is far from changing the situation of oversupply and cheap export of rare earth mineral products.
During the two sessions this year, Hu Ercha, the deputy of the National People's Congress and the mayor of Baotou City, Inner Mongolia Autonomous Region, proposed that “there is no high-tech without rare earthsâ€, and called on China to formulate the development strategy of rare earth high-tech industries as soon as possible, and clarify the development direction of the integration of rare earth industry and high-tech industry. Establish a national reserve of rare earth resources.
The state has intensified efforts to combat illegal mining of rare earth minerals
Recently, some illegal elements illegally exploiting rare earth mines have been driven by interests and illegally exploited rare earths. According to the investigation, Baishi Village, Xintian Town, Xinfeng County, Jiangxi Province is particularly serious. Pan Yiyang, member of the Standing Committee of the Jiangxi Provincial Party Committee and secretary of the Municipal Party Committee, first gave instructions on the incident and asked the relevant departments to take measures to do a good job in the mining and treatment of rare earths.
It is understood that the mine management departments at the city and county levels have received reports on the illegal exploitation of Xintian rare earths. The Xinfeng County Party Committee and the county government held a number of rectification meetings, and the relevant functional departments also took corresponding countermeasures and issued rectification instructions for the mining sites. The local government has carried out rectification three times, and dispatched more than 80 people to seize 7 excavators, confiscated 20 operating machines, and seized more than 100 packages of mineral products. At the same time, the local government also said that since the illegal mining incident occurred, although the local functional departments have taken corresponding measures to stop it, the attitude is not strong enough, the determination to stop it is not enough, the work is not strong, and the department is absent, and there are loopholes in the work procedures. The lack of supervision has contributed to the greed of illegal mining.
Through on-site inspection, Ganzhou City has quickly made countermeasures: the city and county levels should conduct investigations on illegal mining incidents, rectify the illegal mining activities in the county within one week, and promptly launch comprehensive clean-up operations throughout the city. At the same time, it is necessary to severely investigate and investigate the responsibilities of various stakeholders, and relevant responsible departments should carefully check and supervise. It is necessary to start the municipal and county-level mining supervision mechanism, and impose penalties and accountability according to evidence collection.
US rare earth proposal marks China’s initial pricing power
"Rare Earth Sale" has become a pain in the country. However, a bill proposed by US Congressman Mike Kaufman recently asked the Ministry of Defense and other federal departments to revitalize the US rare earth industry and called for the establishment of a national rare earth reserve. This news indicates that China has initially obtained the pricing power of rare earth.
As China controls almost all of the world's rare earth supply and production, it is limiting the production of rare earths. Rare earths are the key materials used in many major weapon systems, and the United States almost always needs imports. The bill requires the Secretary of Defense to start buying rare earth minerals that are vital to national security and incorporate them into national reserves. The new bill will require the Defense Reserve Center to purchase rare earths for five years from China directly after the law comes into force.
Although this is only an unsuccessful House proposal, the proposal shows that the United States has rid of the previous paragraph on the issue of rare earths, but only accused the protests and other invalid acts, and began to think about the US strategic interests of rare earths from a more feasible perspective. This is also China. A proof and signal of the international rare earth pricing power has been initially obtained.
The United States itself is also a big country with rare earth resources. As China gradually ends its "selling" pattern, its domestic rare earth resource industry will be restarted. At the end of 2009, US Rare Earth Co., Ltd. executives publicly stated that the company’s ore body contains enough reserves of recoverable and recoverable metals such as antimony, bismuth, antimony, antimony and antimony to make the United States free from dependence on foreign suppliers. The US Geological Survey also believes that the deposits of US Rare Earth Co., Ltd. in Idaho, Colorado, and Montana will be the only five proven globally outside China or outside China. One of the large reserves of rare earth elements.
From the United States will restart the domestic rare earth resources mining and preparations for the implementation of national reserve behavior, although the current rare earth prices have experienced a certain degree of rise, but still at a historically low level, China should continue to tighten mining exports, contain "rare earth è´±Selling, in order to more fully obtain the price discourse rights and monopoly interests that the "rare earth big country" should have in the future.
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"Baogang Rare Earth" announced the announcement of the relevant agreement with New Aobo
On August 21, 2010, Inner Mongolia Baotou Steel Rare Earth (Group) High-Tech Co., Ltd. signed a “Joint Venture Agreement†with New Aobo Technology Co., Ltd. (referred to as: New Aobo), which was adopted by the 7th Board of Directors of the 4th The contents mentioned in the proposal of Hebei Xinao Group's joint venture construction project are the core contents, and the parties have agreed on the joint venture construction of rare earth permanent magnet nuclear magnetic resonance industrialization project. The agreement will take effect upon approval by the company's shareholders meeting.
"Probably the object is rare. Beijing's cabbage is shipped to Zhejiang, and the red root rope is used to tie the vegetable roots, hanging upside down in the fruit shop head, respecting the 'gelatin'; Fujian's wild aloe vera, please enter the greenhouse when you arrive in Beijing And the name of the é¾™ 'Agave'..." Everyone must remember one of the highlights of this essay, Mr. Fujino's memory essay "Mr. Fujino", which was recited in the early secondary school period. It is to explain to readers a dialectical relationship between "thin" and "expensive". From an economic point of view, the relationship between supply and demand affects commodity prices. In a broader sense, rare earths should be treated the same way, but "rare earth" has the characteristics of "thin", but how can it be "expensive". Some netizens joked that rare earth has bought "radiot price" for many years, but in the 21st century Radish prices have been dozens of times or even hundreds of times more than the 80s radish, and rare earths, still poorly sold in the price of the 80s.