Data show that by the end of 2009, China's domestic rare earth reserves fell to 27 million tons, accounting for 30% of the world's proven rare earth resources. In recent years, China's rare earths account for about 97% of the global supply market. Officials from the Ministry of Commerce said that if the current pattern is adopted, China's rare earths will be depleted in the next 15 to 20 years. Therefore, in recent years, China has gradually tightened the development and utilization of rare earth resources. The rare earth quota has also begun to adjust accordingly.
According to the latest documents released by the Ministry of Commerce, the total number of rare earth export quotas for this year is 30,258 tons, which is nearly 40% less than the 50,145 tons in 2009. There are only 23 enterprises with rare earth export quotas, which is 18 fewer than in 2008. If the integration of rare earth mining and production is a competition around mining rights, the export control of rare earth resources will make a large number of domestic enterprises that rely on export quotas to face a life-and-death transformation.
On the 23rd, a person from Minmetals Rare Earth Co., Ltd. said that after the Ministry of Commerce significantly reduced the rare earth export quota, enterprises with quotas accounted for only 20% of rare earth export enterprises, and the remaining 80% of export enterprises will face transformation. At the same time, since rare earth is a metal material required for industrial production in computers, mobile phones, semiconductors, home appliances, automobiles, etc., some Hong Kong and Taiwan factories are now transferring production of rare earths to Jiangxi, Shandong and other places to alleviate the shortage of raw materials. situation.
The state's strict supervision of rare earths is changing the ecology of the downstream industries of rare earths. The price of rare earths will rise sharply, and the cost of downstream rare earth industry will also rise. It is understood that at present, some rare earth processing plants in Shandong, Jiangxi, Baotou and other places have been in a semi-discontinued state.
In addition to the impact of rare earth prices on the first time of rare earth processing, cars, home appliances, computers, new energy and other industries that require rare earths as raw materials are also facing cost crises.
A person from the China Rare Earth Society said that as countries develop new energy industries, the demand for rare earths is still large, and price increases will become a trend. However, since rare earth is "industrial MSG", the proportion of the total amount of the rare earth is low, so it will not cause large-scale industrial transfer.
According to the latest documents released by the Ministry of Commerce, the total number of rare earth export quotas for this year is 30,258 tons, which is nearly 40% less than the 50,145 tons in 2009. There are only 23 enterprises with rare earth export quotas, which is 18 fewer than in 2008. If the integration of rare earth mining and production is a competition around mining rights, the export control of rare earth resources will make a large number of domestic enterprises that rely on export quotas to face a life-and-death transformation.
On the 23rd, a person from Minmetals Rare Earth Co., Ltd. said that after the Ministry of Commerce significantly reduced the rare earth export quota, enterprises with quotas accounted for only 20% of rare earth export enterprises, and the remaining 80% of export enterprises will face transformation. At the same time, since rare earth is a metal material required for industrial production in computers, mobile phones, semiconductors, home appliances, automobiles, etc., some Hong Kong and Taiwan factories are now transferring production of rare earths to Jiangxi, Shandong and other places to alleviate the shortage of raw materials. situation.
The state's strict supervision of rare earths is changing the ecology of the downstream industries of rare earths. The price of rare earths will rise sharply, and the cost of downstream rare earth industry will also rise. It is understood that at present, some rare earth processing plants in Shandong, Jiangxi, Baotou and other places have been in a semi-discontinued state.
In addition to the impact of rare earth prices on the first time of rare earth processing, cars, home appliances, computers, new energy and other industries that require rare earths as raw materials are also facing cost crises.
A person from the China Rare Earth Society said that as countries develop new energy industries, the demand for rare earths is still large, and price increases will become a trend. However, since rare earth is "industrial MSG", the proportion of the total amount of the rare earth is low, so it will not cause large-scale industrial transfer.
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