The United States to Renew Mining Rare Earth Ore
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United States recently decided to re-mining in California's Mojave Desert rare earth mine, this rare earth mine belongs Molycorp Mark Smith, chairman, said in a report, will not be re-RE capacity increased to the level in the world.
In 2002, the United States because of environmental pollution problems, give up the rare earth mining in the country, including the Mojave Desert closed a large number of rare earth metals, including rare-earth mineral ore, and thus turned to imports from China. China Rare Earth in the worldwide market share had reached 97%.
According to the monitoring report shows that China Rare Earth on a global scale "virtual" monopoly, and how much revenue did not bring their own, in addition to the environmental costs of mining rare earth has become more prominent, in October this year, China decided to reduce the rare earth materials export quotas, international rare-earth prices and therefore higher.
Molycorp resumption of production, may be difficult to change the world dominated the Chinese rare earth rare earth pattern, but Molycorp want to be an important future supplier of rare earth. Accordance with the relevant agreement, Hitachi will work with Molycorp cooperation, joint efforts to produce Ru iron boron alloy.
"This joint venture is Molycorp magnetite an important part of the business plan, the United States will gradually re-integrated rare earth production supply chain." Mark Smith in a report that stance.
Molycorp want to take away from the hands of a chunk of China's rare earth market share. According to the British "Guardian" reported, said Molycorp future production may reach 2 million tons, the number of Western countries in general are imported from China in 2012 is expected to amount to 25%.
Molycorp the second half of next year, production capacity can be restored to 40,000 tons, Molycorp rare earth mining area in California is likely to reach 2,200 acres.
According to the Ministry of Commerce this year, September is the total of China's exports 32,200 tons of rare earth. To control the export of rare earth, rare earth in China in December export duties have been adjusted. Neodymium provisional export tax rate of which from 15% to 25%, in addition to an increase of lanthanum, cerium, provisional export tax rate of 25%, and containing by weight more than 10% of rare earth iron alloy, provisional export tax rate of 25 % rare earth mine provisional export tax rate remains 15%. |
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By :
Jessie Stone
Submitted
2011-01-01 05:27:53 |
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