Situation of China Rare Earth Industry

China is playing games with modern electronic equipment and REE export quota cuts per cent of exports are necessary, so that the industrialized countries scrambling everything from smart phones to the laser-guided weapons material.

This latest reduction in exports comes on the heels of a whopping 72 percent cut in rare earth metals earlier in the year, driving up prices.

New quotas, this may be the year to adjust, more and more international focus on the availability of the metal, which 97% of production in China. "

"Beijing has been gradually reducing exports of rare earths, and the reason is the increase in domestic demand and environmental issues. Soared after Japanese rare earth manufacturer reported earlier this year, is cut off diplomatic dispute process shipments from China between international interests ."

Chinese control of not less than 95% of global rare earth production. In this high-risk game Baotou Steel Rare Earth Group Hi-Tech Co., Ltd., the production of key players from Inner Mongolia - the world's largest rare earth elements. China has imposed export quotas for rare earth three years - in order to improve their own high-tech industries. The Chinese master plan is to develop sophisticated smelting techniques for rare earth – instead of simply selling the raw product.

The end of last year, the U.S. Department of Energy lists five "key" rare metals production of clean energy; dysprosium, neodymium, terbium, europium and yttrium. Hybrid cars and fiber are essential, such as production.

From the Pentagon's perspective, it is more important to the mountains of the U.S. industrial military complex aircraft engines and missiles of rare earth metals. Once again, China is the world's only rare earth supplier.

In 2025, the United States will be mainly determined by China to access these rare earth metals. There are three ways, the development of alternatives to improve the recovery or increase the local production of rare earth - for example, in a huge mining investment amounted to $ 5,000,000 in California.

www.rareearth-china.com is committed to the production, research and development, sales ceramic raw materials and cerium oxides and other rare earth materials for chemical industry, as well as chemical raw materials for glass-ceramic.

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