Ministry Of Industry And Commerce: The Limit Of Rare Earth Mining Increased By 4600 Tons This Year.

The Ministry of industry and information technology announced yesterday (April 25th) 2011. Rare metals The most notable of the mandatory production plans is the surge in prices last year. rare earth Its mining limit in 2011 was 93 thousand and 800 tons, a slight increase of 4 thousand and 600 tons compared with 2010.

Output of multi metal projects is higher than last year's target.

The plan is for the Ministry of industry and commerce. Development and Reform Commission Jointly formulated by the Ministry of land and resources, it was issued to the competent departments of various industries in March 25th.

According to the plan, the output of tungsten concentrate was 87 thousand tons in 2011, the output of tin concentrate was 73 thousand tons, the antimony concentrate was 105 thousand tons, and the molybdenum concentrate was 200 thousand tons, all higher than that of last year. The limit of rare earth mining is 93 thousand and 800 tons, a slight increase of 4 thousand and 600 tons compared with that of 89 thousand and 200 tons in 2010, and the maximum separation quota for rare earth smelting is 90 thousand and 400 tons, slightly higher than that of 86 thousand tons in 2010.

The Ministry of industry and commerce also requested that "no additional quota and over planned production" should be added to all parts of the country, and "timely report on the statistics and situation of rare metal production".

The total amount of mining in the South has increased.

According to the latest announcement, in 2011, the total amount of exploitation of rare earth in China was 93 thousand and 800 tons, of which Shandong and Inner Mongolia remained unchanged in 1500 tons and 50 thousand tons respectively. The total amount of mining in the South has increased, 9000 tons in Jiangxi, 2000 tons in Fujian and Hunan, and 2500 tons in Guangxi. The above four provinces have increased 500 tons of production, while the mining quota in Guangdong and Sichuan has increased to 2200 tons and 24 thousand and 400 tons respectively, and Yunnan has kept the production of 200 tons unchanged.

In 2010, the Ministry of land and resources controlled total production of 5 kinds of minerals, namely, rare earth, tungsten, antimony, high alumina clay and fluorite, when the limit of exploitation for rare earth was 89 thousand and 200 tons. This means that this year's mining quota has increased by 5.16% (4600 tons) over last year.

"The government allowed the total amount of rare earth mining to go up, and there was market expectation that mining would be reduced." An industry insider said, "at least, this shows that the state does not want to reduce supply and sell at the price of rare earth. The recent intensive policies are mainly aimed at rectifying the rare earth market and achieving orderly and rational exploitation."

However, joint metal network rare earth analyst Yu Zequan believes that the current market demand for rare earth is relatively large. Since last November, the demand for various small metals is still rising. "I think this increment is very small and has little effect on easing the relationship between supply and demand of the market."

Exergy analysis

Rare earth mining supervision is difficult

Analysts and people in the rare earth industry believe that policy implementation is difficult. Reporters noted that in recent years, the total number of rare earth mining indicators has been rising slowly, but almost every year the actual production exceeded the ceiling.

In 2009, the total amount of rare earth mining provided by the Ministry of land and resources was 82 thousand and 300 tons, and the final output of the rare earth was 120 thousand tons, accounting for 97% of the world's output. The mining limit in 2010 was 89 thousand and 200 tons, and the actual output was not yet announced, but according to industry sources, it also exceeded 100 thousand tons. According to the Beijing News reported on March 24th, the country's quota quota allocated to Ganzhou in 2010 was 11 thousand and 500 tons, but the local approval and approval capacity reached 28 thousand tons, while the actual separation capacity reached 35 thousand tons, about 3 times the national quota. These local processing enterprises have huge capacity to purchase raw ores from various sources to meet production, which has also led to the theft and exploitation of rare earth elements.

In response, an analyst said that many rare earth minerals are in the mountains and there is a real problem in regulation. On the other hand, rare-earth contributed a lot of taxes to local governments, and also made local unwilling to reduce production. (reporter Zhang Yi)

Background

Rare earth prices soar

China is a large country of rare earth, and its reserves and output rank first in the world. With the strict control of rare earth production in China, the price of rare earths that has been sold as "cabbage price" has soared, and the price of many rare earth products has risen at a speed of ten thousand yuan per day.

Since November last year, the price of rare earth products has doubled and doubled. Neodymium oxide is used as an example. In January this year, the average price of neodymium oxide is 260 thousand yuan / ton, the latest price is about 700000 yuan / ton, or more than 150%, while the average price of dysprosium in January is 1477 yuan / kg, and now the price is 3300 yuan / kg, and the amplitude is over 120%.