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  • MIIT releases the second batch of rare earth mandatory plan for 2017

    2017-07-13 17:25:07   [Print]
    On July 13, China’s Ministry of Industry and Information (“MIIT” for short) released the second batch of rare earth mandatory plan for 2017.Asian Metal Copyright Six rare earth groups Rare earth ore Rare Earth oxides   Total 52,500 49,925 1 China Minmetals Group 1,130 2,754 2 Chinalco 6,175 8,690 Including: CPC committee of Central Iron Steel Research Institute Group 1,300 300 3 China Northern Rare Earth GroupHigh-Tech Share Co.Asian Metal Copyright The second batch of mandatory plan for rare earth ores is 52,500t, unchanged from the second batch in 2016, while that for rare earth oxides totals 49,925t, recording a decline compared with the 55,000t in 2016.Asian Metal Copyright According to the requirements of the notice, the competent departments of industry in related provinces or areas should allocate the production plan to relevant enterprises before July 15 and submit the specific allocation plan to MLR and relevant competent departments of industry for record.Asian Metal Copyright The MIIT also released the specified production quotas for six enterprises, including China Minmetals Group, Chinalco and Xiamen Tungsten Co.Asian Metal Copyright 970 1,331 5 China Southern Rare Earth Group 13,375 7,056 Including: Companies held by Sichuan Jiangxi Copper Rare Earth 8,875 3,260 6 Guangdong Province Rare Earth Industry Group 1,100 5,052 Including: China nonferrous construction Co.Asian Metal Copyright, Ltd.

    The notice reiterates that rare earth is a product whose total output is controlled by the Chinese government and no unit or individual shall be allowed to produce without the production plan or overproduce. According to the requirements of the notice, the competent departments of industry in related provinces or areas should allocate the production plan to relevant enterprises before July 15 and submit the specific allocation plan to MLR and relevant competent departments of industry for record.Asian Metal Copyright In addition, the distribution power shall not be delegated.Asian Metal Copyright In addition, the distribution power shall not be delegated.

    The second batch of rare earth mandatory plan for 2017 (Converted into REO; unit: t)

    No.

    Six rare earth groups

    Rare earth ore

    Rare Earth oxides

     

    Total

    52,500

    49,925

    1

    China Minmetals Group

    1,130

    2,754

    2

    Chinalco

    6,175

    8,690

    Including: CPC committee of Central Iron & Steel Research Institute Group

    1,300

    300

    3

    China Northern Rare Earth (Group)High-Tech Share Co.

    29,750

    25,042

    4

    Xiamen Tungsten Co., Ltd.

    970

    1,331

    5

    China Southern Rare Earth Group

    13,375

    7,056

    Including: Companies held by Sichuan Jiangxi Copper Rare Earth

    8,875

    3,260

    6

    Guangdong Province Rare Earth Industry Group

    1,100

    5,052

    Including: China nonferrous construction Co.

    0

    1,805


    .Asian Metal Copyright According to the requirements of the notice, the competent departments of industry in related provinces or areas should allocate the production plan to relevant enterprises before July 15 and submit the specific allocation plan to MLR and relevant competent departments of industry for recordAsian Metal Copyright
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