I re exports to Japan increasing 167 per cent of Commerce that will guarantee the international requirements

For Japan, the United States and other countries generally concern China rare earth export policy changes, press spokesman for the Ministry of Commerce said Yao Jian, 2011 will re export guarantee international market requirements.

16 November at the Department of Commerce's annual press conference, Yao Jian reiterated that China rare earth management goal is energy saving and environmental protection. "In the mining, production and export processing areas, three links, parallel implementation of the core purpose is to protect the environment. "Yao Jian said China has faced pressure from environmental resources, and strive to maintain a considerable number of rare earth export.

Data display, 1-9, China's export of rare earth elements are 3.22 million tonnes, the average price per ton 1.48 million. Export to Japan is 1.6 million tons, accounting for 49.8%, an increase of 167%; for the United States export was 6200 tons, accounting for 19 per cent higher than was 5.5%.

Yao Jian China to account for 30% of the world of rare earth reserves provides global 80%-90% of the amount of rare-earth production and trade. Hope that other countries with rare earth resources are actively exploiting their rare earth resources, share responsibility for the global supply of rare earth.

In order to protect the environment and China rare earth mining production and export link is strengthened energy saving and environmental protection measures. The 2010 release of extraction volume scale than 2009, 25% reduction; in production smelting sectors, 2010 release plan amount reduced than 2009; 23% in export sectors, volume of rare-earth material 2010 quota reduction compared to 39% by 2009.

At the same time, for export of rare earth imposed 15%-25% of the tariff for a rare ore and 41 kinds of rare earth products included in the processing trade ban on the export directory; for rare earth business enterprises to strengthen quality management, there are 32 companies with export-re qualification, including 10 foreign-invested enterprises. (Source: people's network-international financial news)