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2009? Rare Earth Industry Development Plan 2015, promulgated

Ministry of Industry and Information deliberated and adopted the "2009? 2015 Rare Earth Industry Development Plan", from the strategic control of rare earth industry in China, this policy has drawn international attention. Planning clear that the next six years, the total amount of China's rare earth export quota will be controlled at around 3.5 million tons / year or less. Still prohibits the export of primary materials, but also further broken down management, is strictly prohibited export Dy, Tb, Tm, Lu, Y and other metal.

Known as "vitamin industry," said the earth is a key element of national development and defense high-tech industry irreplaceable rare raw materials, are regarded as national security and national development in one of the most important strategic resource. The modern world in every five patents have a rare earth related. To this end, the United States, Japan and other advanced countries, almost all the reserves of strategic resources through legislation, especially for rare metal mining, production and strictly control exports.

China holds more than 90% of the world's rare earth market share, occupy many of the world: reserves, production scale and export volume, is the world's only large supply of different grades, different varieties of rare earth products in the country. In the global integration of international competition, China's abundant resources should be focused on rare earth values embodied in the world.

"Middle East Oil China has a rare earth "and the global iron ore price negotiations have repeatedly run into a wall of the status quo is different, China can effectively control the world's rare earth market. Global iron ore exports are highly concentrated in Rio Tinto, BHP Billiton and Vale Big Three hands, therefore, China wants to control the price of iron ore is no different from fishing in the air, naturally, could not reach the "China price."

Order to control a market to control prices is key. "Earth is not earth, but selling prices were dirt" over the years has become the industry's largest concerns. As the world's largest rare earth resources, producer, consumer and exporter, China, lack of market pricing, long-term domestic rare earth companies to export more low cost, passive maintain modest profit.

Sharp contrast with the direct form, in recent years, Japan, the United States and other Western countries have stepped up imported from China "cheap" rare-earth intensity. Japan from China had enough to use for 20 years and stored in a submarine, the second largest in the world rare earth reserves, the United States is sealed in 2001, the country's largest rare earth mine Mountain Pass mine, turn to the large number of China imports, after Canada, Australia and other countries follow the U.S. ban on mining in the local earth.

In fact, back in 1998, China had the rare earth export quota management system, but also the implementation of "prohibit, encourage and restrict" the principles of the three different treatment. Prohibit the export of rare earth raw materials; restrictions oxide and metal, export quota management; encouraged downstream rare earth products, such as magnetic materials, phosphors high value-added products.

With global demand growing on the earth, and the state has reduced the number of export into the book business and export quotas, some get more business quotas for profit began to illegal reselling of quotas. In addition, some developed countries, large-scale enterprises in China tungsten ore, antimony, rare earth ore area to set up plants in a large number of buying local raw materials and rare earth, simple processing shipped abroad after processing or reserve, the successful avoidance restrictions on China's export quotas. From 1990 to 2008, the Chinese Rare Earth exports increased by nearly 10 times the average export price of lowering the price of sticking to the original.
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