Rare earth industry consolidation inevitable

Home > What's New > Rare earth industry consolidation inevitable

Rare earth industry consolidation inevitable 2012-08-03

According to the latest state rare-earth policy: "Mongolia integrated rare earth industry, 36 enterprises with only one trip," Office of the Government of Inner Mongolia Autonomous Region has been included in the scope of integration out of Hohhot, Baotou City, and the upper reaches of rare earth Bayannaoer 35 restructuring of cooperative enterprises, compensation off and out of shutting down, only the rare earth high-tech Co., Ltd. in Northern China permitted to engage in upstream operations of Rare Earth's "only child."

Proven reserves of rare earth industry in China accounts for about half of the world, the supply is accounted for more than 95% of the world. Baotou BaiyunObo rare earth ore exploration and early, large reserves, the exploitation of low cost, large enterprises have poured into the upper reaches of rare earth, rare earth mining and exports resulted in a dramatic increase in serious excess capacity.
China has become the world's largest production base of rare earth raw materials and supply base, "a dominant" but did not return for the supply of voice and pricing. Separation of rapid expansion of smelting capacity, competition among enterprises, "runaway" RE oversupply caused prices long-term at low levels. Russia, the United States, Australia, Canada, India and other countries for the pursuit of low cost, to protect their resources, mining and other reasons, once closed, internal competition, Chinese enterprises get all the "shot of the profit."
RE Integration Policy: The application of rare earth industry as a carrier, technology and innovation as the driving force, the introduction of high-tech, high degree of industrial linkage, high input intensity, high output density, rare earth new materials and applications, in situ conversion of minerals to achieve, through Applications drive industry. "Rare Earth Industry consolidation can be a powerful rare earth resources, remediation, strictly controlling the total rare earth development, in the protection of the development, directed rationing, while promoting the resources of the reserves."

Product Catalogue

Contact us online