Ministry Of Commerce: China'S Rare Earth Export Quotas Will Not Drop Sharply In 2011.

The rate of shadow has not gone far, and the problem of rare earth has been pushed to the cusp of the storm.

White House spokesman Gibbs said at a press conference in October 26th that if the US government is safe and

Yesterday, Chen Jian, Vice Minister of Commerce, told reporters in a press conference held at a press conference on China's foreign investment cooperation, "this issue is being put on the agenda since we are asked to discuss it. We are studying this issue" and said it is not convenient to comment.

He also said that China's rare earth in 2011

Europe and the United States comprehensively put pressure on China

At present, the speculation on China's rare earth export control has spread from Japan to Europe and the United States.

German economic minister Bruederele said in October 26th that the free trade agreement must apply to all commodities, especially rare earth resources.

If any country wants to maintain its activity in the international market, it must open the local market at the same time.

After the Sino Japanese "Diaoyu Islands" friction in September 8th, the outside world said China stopped the export of rare earth to Japan.

In October 19th, the New York Times quoted three officials from the US rare earth industry as saying that after the "rare earth embargo" imposed on Japan in September, China stopped exporting the rare earth exports to the United States and Europe, and Chinese officials have always clarified and denied this.

Chen Jian told reporters yesterday that China's rare earth export quotas will not drop significantly.

He said: "China has the management of rare earth, but there is no limit. Quota is a means of management.

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He pointed out that when China implements the management of rare earth resources, on the one hand, it should implement the resolutions of the Copenhagen conference, reduce emissions, control pollution and protect the environment, and crack down on smuggling of rare earths, which is responsible for the whole world.

On the other hand, it is still maintaining a certain amount of growth, but it does not grow casually. There are quotas.

"Compared with the EU and the US, China's exports of rare earth elements should have a greater impact on Japan, because Japan is the most powerful country in the world to extract rare earths and process rare earths.

Tu Xinquan, vice president of China WTO College of foreign economic and Trade University, told reporters.

How to play the "rare earth brand"?

China's rare earth reserves account for more than 90% of the world's total 1/3, while the United States and Australia have 15% and 5% reserves respectively.

Due to the lax control, a considerable portion of China's rare earths were sold to the United States, Japan and European countries at a low price.

Because of the environmental pollution and radioactive substances that may be involved in the development of rare earth, many countries are reluctant to develop their rare earth and rely on cheap imports from China.

"There are now many places, including the government, which do not allow exploitation of rare earths, nor do they allow exports.

"Chen Jian told reporters.

Zhao Zhongxiu, Dean of the school of international trade of the University of foreign trade and economics, told reporters that China's acquisition of rare earth pricing power is also a legitimate and legitimate trade interest, "because precious resources can not be sold for a long time.

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While accusing China of the rare earth policy, countries are also stepping up the development of rare earth resources outside China to reduce their dependence on China's rare earths.

US Secretary of state Hilary said in Honolulu in October 28th: "the United States and its allies should reduce their reliance on China's rare earth production.

"EU Trade Commissioner Karel Degut also said in October 26th that the EU could not rely entirely on China on the issue of rare earth.

Japan has been in active contact with India and Vietnam to find more sources of rare earth resources.

The United States is also beginning to open production of local rare earth minerals.

Bloomberg reported in October 31st that after more than a year of research, a US The Pentagon report pointed out that China's restricted sale of rare earth has led to a sharp rise in the price of rare earth and caused some industrial concerns. However, the restrictions did not cause production delays such as radar, precision guided bombs and night vision equipment.

In response, Tu Xinquan told reporters that in order to protect rare earth resources, more methods could be used, not just export quotas.

"Because WTO's regulations on export restrictions are quite clear, China may be able to protect rare earth resources by controlling production.

For example, more taxes are levied on enterprises in the rare earth industry, which naturally can be passed on to the price of rare earths, thus ensuring that rare earth can be sold at a reasonable price.

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Deep processing of rare earth enterprise Nuggets

At present, as China encourages the development of rare earth deep processing industry, many domestic enterprises are vigorously developing rare earth deep processing industry.

In fact, although the price of rare earth has risen sharply, the profits of domestic rare earth smelting enterprises are not very large, and profits are mainly earned by mineral company.

Moreover, most of the rare earth smelting enterprises in China do not have rare earth mineral resources. They can only purchase raw materials at high price from the rare earth mineral company.

Even now the Minmetals Group, which has the largest capacity of heavy rare earth smelting in the south, is also facing such an awkward situation.

In this regard, Minmetals Group has invested funds in the field of rare earth smelting and deep processing to seek breakthroughs.

After years of accumulation, China has made some achievements in the field of rare earth applications, especially in the field of luminescent materials.

"Around 90% of the world's energy-saving lamps are made in China.

Jia Qiang, chairman of Xiamen Donglin Electronics Co., Ltd., told reporters.

Reporters previously interviewed in Ganzhou saw that there has been a complete industrial chain from raw ore mining, rare earth separation, phosphor processing, energy saving lamp manufacturing and other luminous materials.

Nevertheless, China's technology level in the field of rare earth applied materials such as permanent magnet, hydrogen storage, catalysis and polishing is still far behind the developed countries such as the United States and Japan.

A senior management of Minmetals rare earth Department told the newspaper that Minmetals Group will vigorously develop the field of rare earth deep processing in the future.

Baotou Steel Rare Earth (600111.SH) is also preparing for deep processing investment.

Baotou Steel Rare Earth mastered resources are mainly light rare earth, lack of medium and heavy rare earth resources, and the South heavy rare earth resources are the most valued by foreign manufacturers. In order to attract foreign investment to invest in deep processing of rare earth in Baotou, in August of this year, Baotou Steel Rare Earth South bought 3 rare earth companies in Jiangxi.