the aspect of ion from southern China

One member of CSRE who requests to remain anonymous has told reporters that even though rare earth supply pattern diversification trend is becoming increasingly apparent, “however if the export quota and duty tariff are eliminated, Chinese rare metal prices will suffer a drastic decline, possibly destroying other countries’ rare earth product chains.Early last year when reporters learned of this event, an expert from the national administration organized expert-level discussions and predicted that the impact from the elimination of the rare earth export quota policy will be long lasting, but before it happens it is important to straighten out the production order domestically to prevent chaos.
Gong Bin believes that from the aspect of ion from southern China, central enterprises and local state-owned corporation’s production capacity has reached 78.5 percent, close to the 80 percent demand the government has given for large-size enterprise groups.However, the current led high bay light percent is the amplified version which doesn’t tally with the State Council’s original intent. If production capacity has no expansion limitations, then controlling it is pointless and a waste,” Bin said.
Officials from the Ministry of Commerce stated that the rare earth lawsuit is still kept in secret proceedings and cannot be made public at this time. However, officials said that in order to solve the rare earth export and excess capacity, it must not simply rely on government policy but that industries themselves need autonomy.Research Institute for Nonferrous Metals rare earth luminescent materials expert Zhuang Weidong told reporters that current downstream applications of rare earth, aside from magnetic material relative prosperity, luminescent materials and hydrogen storage materials are in a slump. “LED luminescent material has felt a large impact, and hydrogen storage material is facing pressure from lithium batteries.”LED and lithium battery industry growth rate is faster than originally anticipated.

However, the prosperity of the magnetic field is currently facing pressure from Japanese patented technology. Japan’s Hitachi Metals official website announced that the company has over 600 applications for globally. The Hitachi Metals announced this year in addition to already authorized Zhong Ke San Huan, Yunsheng, Beijing led high bay and other industries, they will not longer give licenses to other Chinese enterprises. Hitachi Metals filed complaints against Chinese enterprises in the U.S. which in 2012 launched the section 337 investigation.Chinese enterprises that experience patent extrusion have organized resistance with more than a dozen medium-sized rare earth sintered NdFe8 enterprises forming a business alliance. Every company contributed US$ 1.5 million to prepare for the U.S. prosecuting on behalf of Hitachi Metals.

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