Beijing, China economic NET 23 November hearing: China to Leblon Borg, send an e-mail to show this year, the month of October, China rare earth total exports compared with last month, significantly reduced by 77%. This is the month of July this year in China to meet the needs of the domestic economy and reduce export quota of 40%, of rare-earth export single drop Max. At the same time, the international prices of major re-emergence of exponentially skyrocket.
Rare-earth is y, EU, ND, SM, 17 special metal oxide minerals collectively, commonly used in radar, hybrid car and optical fiber cables and missiles. China rare earth power, knowledge of global nearly 90% of rare-earth export market.
China's provided, the month of October, China rare earth export volume of only 830 tons, significantly less than the September 3660 tons. This year the first 10 months of China rare earth export cumulative total 32990 tons.
Analysts said that China's restrictions on the export prices of rare earth will promote further rise. China rare earth export restrictions caused by the United States and Japan and Germany. Some people worry that China will launch new initiatives to limit the export of rare earth.
L-Pages provided, often used for polishing of cerium oxide Semiconductors (ceumoxide), in the past six years the price has steep rise six times, other raw materials have risen more than doubled. Data show that from 20 April to 19 October half-years, ceria price from us $ per kg 4.7 rose to $ 36. Used in the manufacture of magnets ND (Neodymium), from April $ per kg 41 92 dollar soared to.
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