Steel-clad rare earths "first stored as fast" in dispute

Ministry of Land and Resources recently organized the National Mineral Land Strategic reserve expert seminar, said the forthcoming launch of the Strategic reserves of mineral land research implementation work, the first batch of mineral Reserves pilot will be around coal and rare earth resources. According to experts, the state of the rare earth reserves of the way is still controversial, the two sides of the point of view on whether the concentrate or storage of the finished product is not disputed.　　On the other hand, as China's leading enterprises of rare earths, Baotou steel Rare earth (600111) has begun to carry out enterprise reserves. Reserves 300,000 tons of concentrates, 80,000 tonnes of oxides "We know that the company has been stockpiling rare earths since April this year," he said. A researcher who declined to be named said that at present, the production capacity of Baotou steel plant is 250,000 tons/year, and the equivalent Rare-earth oxide can be about 100,000 tons annually.　　And the company's external sales of concentrates equivalent to 55,000-60,000 tons of oxide, the excess part into the concentrate reserves project. Baotou is planning to reserve 300,000 tonnes of concentrate in 5 years, while at the same time spending 3 billion yuan in 2-3 years stockpiling 80,000 tonnes of oxides.　　Baotou Steel will apply for interest subsidy for the reserves of concentrates, while the interest on the Reserve fund of the oxides is shared by the Inner Mongolia government, Baotou government and Baotou Steel Group. Analysts believe that the company's purchases and purchases are in the market angle. In April, foreign reports said the US's only Rare-earth mining company, the Murray Mining program, raised 500 million of billions of dollars to restart a mine in the California State of Yamaguchi.　　The mine was once the world's largest Rare-earth production mine, but it has been abandoned for decades. "The storing and storing of rare earths in Baotou steel is a deterrent to the development of rare earth minerals. "Analysts said that the price of rare earths has been rising since the stimulus, more and more capital at home and abroad began to pay attention to the mining area of rare earths, which is bound to affect the future price of rare earths.　　Baotou Steel in this time to throw a reserve plan, can be regarded as the control of global rare earth price "reservoir", rare earth prices once excessive uplift on the dumping, the price will always be controlled in foreign rare earth ore mining benefits of the critical point. It seems that the state reserves of rare earths have not been discussed at the government level recently. According to the Chinese Securities News reporter, as early as last year, the "Rare Earth Industrial Development policy (draft)", led by the Ministry of Industry, was put forward: Baotou Bayan OBO Resource exploitation should strengthen comprehensive utilization, solve the protection of rare earth resources in tailings and radioactive pollution protection, restrict the mining of East mine and main mine resources,　　Do well the rare Earth Resources Reserve.　　However, more than half a year, not only the rare earth reserves policy has not been able to settle, even the "Rare Earth Industrial Development policy (draft)" Also delayed the "final" below. "What kind of way to store, the industry controversy is still very large, in the short term may be difficult to progress."　　"An expert on Baotou, who participates in the policy discussion on rare Earth reserves, said that although it is recognized as a strategic resource, it is a matter of reserve concentrates or oxides of reserves that are now debated in the industry. According to the above expert's point of view, because of Baotou's sparseSoil resources are associated with iron ore, therefore, the mining of iron ore resources is bound to be separated from the Rare-earth minerals, so the partial production of the ore reserves is very necessary; As for the separation of selected concentrate to continue production, smelting rare earth oxides, the state again to reserve the oxides he did not agree. Instead of stockpiling oxides and even Rare-earth metals, it is better not to produce them.　　"The experts believe that storing rare earth oxides satisfies the needs of individual businesses, not national strategic needs." It is understood that, as a result of many rare earth varieties, the number of rare earths in China, as well as the previous description of the method of storage, North and South Rare Earth enterprises, experts are still a great deal of controversy, the country's reserves of rare earth products will be difficult to implement in the short term.