2015 Rare Earth Inventory

On December 31, the website of the Ministry of Land and Resources reprinted the inventory information of China Mining News' 2015 mining company, geological exploration and mineral resources management news. Chinalco and other six major rare earth group integration projects were approved for the 2015 mining company event. Zhejiang Qingyuan explored a large-scale rare earth deposit selected for the 2015 National Geological Survey scan. Rare earth, tungsten and molybdenum resource taxes were changed from ad valorem and The total rare earth ore mining control index of 105,000 tons was selected in the 2015 Mineral Resources Management News Review.

On December 31, the website of the Ministry of Land and Resources reprinted the inventory information of China Mining News' 2015 mining company, geological exploration and mineral resources management news. Chinalco and other six major rare earth group integration projects were approved for the 2015 mining company event. Zhejiang Qingyuan explored a large-scale rare earth deposit selected for the 2015 National Geological Survey scan. Rare earth, tungsten and molybdenum resource taxes were changed from ad valorem and The total rare earth ore mining control index of 105,000 tons was selected in the 2015 Mineral Resources Management News Review.

First, China Aluminum and other six major rare earth group integration plan was approved

From the second half of 2014 to May 2015, China Minmetals Corporation, China Aluminum Corporation, Baotou Iron & Steel (Group) Co., Ltd., Xiamen Tungsten Industry Co., Ltd., Quzhou Rare Earth Group Co., Ltd., Guangdong Rare Earth Industry Group Co., Ltd. The company’s six major rare earth group integration and reorganization projects were all approved.

In August 2014, two companies, Baotou Steel Rare Earth and Xiamen Tungsten Industry Co., Ltd. issued announcements one after another, confirming that the scheme for the formation of the rare earth group was approved by the Ministry of Industry and Information Technology and became the first approved rare earth company. A few days later, China Aluminum also announced that its plan to form a rare earth group had also been approved.

Comments: Due to the low concentration of the entire rare earth industry in the country, and the disarray of production companies, private mines and black mines, tax evasion and other phenomena have long disrupted the order of development of the industry. With the expansion and surplus of production capacity, the price of rare earths in 2013 “falls”. In early 2014, the Ministry of Industry and Information Technology issued a document requesting the promotion of six rare earth companies, including Chinalco and Baotou Steel, to carry out integration and reorganization in different regions to form a “5+1” oligarch pattern between North and South, aiming to change the state of industry confusion. Nowadays, six large rare earth groups have been formally formed, which is an important beginning for the development of resource development in the rare earth industry. The rare earth permanent magnet industry is expected to recover in the future.

Second, a large rare earth deposit was detected in Qingyuan, Zhejiang

On July 20, the reporter learned from an interview in Zhejiang Province that the Seventh Geological Team of Zhejiang Province has detected a large-scale rare earth deposit in Qingyuan County in the southwest of Zhejiang Province, with an estimated resource of over 100,000 tons, which is expected to become the first in Zhejiang Province. The large-scale light rare earth mining area with the best distribution type and the first large-scale rare earth deposit with industrial significance.

Comments: The exploration of this type of ore deposit has achieved a major breakthrough in rare earth prospecting in Zhejiang, providing new information for the mineralization theory, metallogenic model, and ore prospecting direction of the rare earth ore in the province, and providing the same type of deposit for the province and even the whole country. Helpful inspiration. The discovery of the first large-scale rare-earth mineral deposit with industrial value in Zhejiang Province is a new milestone in the history of Zhejiang's geology and mineral resources, which is of great significance.

Third, the rare earth, tungsten, molybdenum resources tax changed from ad valorem

The State Council decided on April 28 that starting from May 1, the resource tax for rare earth, tungsten, and molybdenum will be changed from quantity-based assessment to ad valorem, and the tax rate will be reasonably determined in accordance with the principle of not increasing corporate tax burden. At the same time, the compensation rates for mineral resources for rare earth, tungsten, and molybdenum were reduced to zero, and the related price adjustments were stopped.

Comment: This is an important measure after the reform of the coal and iron ore resources tax was initiated and the country further rationalizes the relationship between resource taxes and fees and promotes cleanup and taxation. Especially for the rare earth industries facing many serious problems, the change in resource tax collection methods and the principle of “not increasing corporate tax burden” plus the cancellation of rare earth export tariffs are undoubtedly accelerating industry consolidation and improving industry norms. The good news.

Fourth, total rare earth ore control index of 105,000 tons

The Ministry of Land and Resources issued a notice on May 14 stating that the national total control index for rare earth oxide (REO) mining in 2015 will be 105,000 tons, and the national total control index for tungsten concentrate (60% tungsten oxide) will be 91,300. Ton. The notice pointed out that the current six major rare earth group integration and reorganization plans have been filed with relevant departments.

Comments: Based on specific national conditions of resources, China currently implements relatively strict ecological environmental protection standards and protective mining policies for rare earth resources. This year, the total rare earth ore mining control index is unchanged from last year. It is believed that with the continuous implementation of the strategy of rare earth enterprise groups, a healthy competition environment will gradually develop.