Only 20 years with our re will import
Facing the outside of China re export gratuitous accusation blockade, China ministry officials said yesterday, China's existing rare earth resources can only sustain the future demand of 15 to 20 years, may also need to import.
The industrial company in foreign trade ChaoNing yesterday in Beijing, China international silver annual meeting, said China re reserves in 1996-2009, only 37 percent drop from 27 million tons. According to the current production rate, China's heavy rare-earth reserves of only 15 to 20 years, there may be a need for imports.
Statistics show that at the end of 2009 in domestic re reserves fell to 2.7m tonnes in the world, haveverified the resources of the rare earth than 30%. And in 1996, China re reserves in global accounted for more than 43 per cent.
This kind of metal as global production of countries, China will be 90 percent in the second half of the year 2010 export quotas and reduce production 72%.
ChaoNing said, China is not the only state with rare earth, but in the past decades, the majority of the world's supply of rare earth for the role, the natural environment paid destroy their own resources consumption and cost.
"Sometime in the future, we will not exclude from China to the global supply of these resources dependence on imports to the possibility of a shift." ChaoNing said.
Since last month after a collision occurs diaoyu island, Japan says China limits the industrial production of rare earth necessary export, according to media reports, and the Japanese ambassador DanYuYuYiLang 12 morning call USA, UK, Germany, Korea and China, the world's ambassador to ease export restrictions of rare earth elements.
"China rare Chinese exports have blocked." The American media quoted ChaoNing words, China could not continue to assume the role of supply, not even eliminate one round dependence on imported ones. Article YangZheng sound. LinChen journalist /
The memories of action for rare vote money around China
According to the Wall Street journal reported recently, because China has realized the importance of protecting the rare earth resources and take action, Japan began searching for worldwide replacement of China re sources of supply.
Reports say, Japan next year will need of 32,000t, while the other countries beyond China together supplies only less than 2.5 million tons.
Therefore, the Japanese government has decided to increase in the global scope ensure supply of resources. Reports say, Tokyo plans to invest $1.2 billion to improve rare-earth supply conditions. Japan has reached an agreement with the Mongolian lightning from developing country, this month of rare earth resources.
Another rare-earth consuming nations Korea have similar programs. Earlier this month, South Korea announced it will invest $15m in 2016, 1200 tons of rare earth years reserves. providing by China rare earth from CFI.CN