Rare earth prices remained largely steady in China throughout 2016, tracing on an “inverted parabola” trend by hitting bottom level in Q3 while gradually rebounding during Q4. Chinese rare earth prices hovered at low level dampened by the supply surplus in the spot market; market participants lacked in confidence, enhancing the industrial competition. With the advocacy of “Supply-side reform” in China, related department strictly regulated illegal behavior and foul play in the industry, establishing the environmental inspection mechanism and tried to relieve the imbalance situation between market supply and demand by ways of national reserves, etc, seeking for a healthy, sustainable and harmonious development in rare earth industry.
As for exports, the Chinese rare earth export market continued the trend of “Increasing exports but declining average price”. China exported rare earth products in total of 46,749t in 2016, up by 34.2% YOY compared with the figure of 34,832t during 2015. In aspect of average export price, Chinese rare earth export prices stood at only USD7.31/kg in 2016, down by 31.8% YOY from USD10.71/kg during the same period in 2015.
Turning to the international market, the Brexit and depreciating EUR deteriorated the European rare earth market; Fed’s raise in interest rate imposed no stir on the US market; the global economy moved slowly on the way to recovery and consumers in Japan and South Korea still stand and watch for the market.
How will the “illegal rare earth” issue develop? How will the new order be established for rare earth export market? How to stimulate the consumers demand? Will rare earth prices rebound from the bottom in 2017? The 9th International Rare Earth Summit by Asian Metal will be held during 11-12 May 2017 in Shanghai China and all industrial elites are welcomed to the summit for joint discussion on development of the rare earth industry.
Thursday on 11 May 16:00-19:00 Early Registration
18:00-20:00 Welcome Dinner
Friday on 12 May 08:30-09:00 Session Registration
09:00-09:10 Opening Speech
09:10-09:40 Industrial Development of "Rare Earth Kingdom" and Construction of "Rare Metals Valley" in China
John Zhong, Counselor of State-owned Assets Supervision and Administration Commission
09:40-10:20 Status & Prospect forecast of Supply and Demand in Rare Earth Market
Nick Kotaki, Managing Director of Material Trading Company Ltd.
10:20-10:50 Rear Earth Resources in Australia and Introduction to Brown Range Project
George Bauk, CEO of Northern Minerals Limited
10:50-11:10 Tea break
11:10-11:40 New Characteristics of NdFeB Magnetic Material Market and Research on Future Trend
Haibo Yi, Production Manager of Baotou Tianhe Magnet Co., Ltd.
11:40-12:00 The Comprehensive Recycling and Application of Scandium Resources in China
Haihong Zhan, Deputy Director of Metallurgical engineering and material design department of Guangxi Metallurgy Research Institute
12:00 Lunch
14:00-14:40 Analysis on Rare Earth Supply and Demand in US Market in 2016 and Outlook for 2017
Melvin Hill, Manager of GE Chaplin Inc.
14:40-15:10 Review on 2016 Rare Earth Hydrogen Storage Alloy Market and Outlook for 2017
Yonggang Chen, Research production and marketing vice-director for Hydrogen Storage&lithium of Xiamen Tungsten Co., Ltd.
15:10-15:40 Tea break
15:40-16:10 European Rare Earth market Outlook& Burundi Rare Earth Introduction
Niels Hachmann, Manager of Thyssenkrupp Raw Materials GmbH Metallurgical department
16:10-16:50 Rare Earth and Capital Market
Guoxian Ju, Chief Analyst of Guangfa Securities
End of summit
18:00 Business Dinner
Note: The final agenda remains pending.
  • Zhong Zhenchen
    Professor, Counselor of State-owned Assets Supervision and Administration Commission
    Institute of Rare Earth Magnetic Material and Device, JXUST
  • Zhong Zhenchen, doctor, distinguished professor, doctoral supervisor. He got the bachelor’s degree in 1982 and master’s degree from the Department of Magnetic Material and Magnetics Research of the Institute of Metal Research (IMR) of Chinese Academy of Sciences (CAS) in 1990. He was engaged in the research of sintered NdFeB permanent magnet. He got the doctoral degree from the Department of Materials Science and Metallurgy at the University of Cambridge and carried out the frontier research on rare earth nano-composite. During 1997-1999 when he did post-doctoral research at the Advanced Magnetic Material and Nano Research Center of University of Nebraska-Lincoln (UNL), he was engaged in the R&D of new magnetic material and nanotechnology. During 1999-2002, he served as JFAP assistant professor at the Micro-manufacturing and Nanotechnology Research Center and Department of Physics of the Louisiana Tech University as well as the principal of Magnetic Material and Nanotechnology Research Group, and gained funding from U.S. Department of Energy’s Science and Technology Plan. Later, he started his career in the industry. He worked in the Department of Materials Science and Engineering at Nanchang University of Aeronautics during 2010-2015. After joining the Jiangxi University of Science and Technology in September 2015, he took over the establishment of the Institute of Rare Earth Magnetic Material and Device and served as the first director of the Institute. In recent years, he has undertaken more than 20 projects, including the National Science and Technology (Support) Program, National Natural Science Foundation, National High-tech R&D Program (863 Program), International Science and Technology Cooperation Project and Major Science and Technology Project in Jiangxi. He has published more than 30 high-quality academic papers and applied for 8 patents with 2 patent obtained in the U.S. Furthermore, he has established a long-term cooperative relationship with many well-known enterprises in domestic market which focus on NdFeB production and application.
  • Zhan Haihong
    Senior Engineer, Deputy Director
    Metallurgical Engineering & Material Institute, GRIM
  • Zhan Haihong, senior engineer, deputy director of Metallurgical Engineering & Material Institute of Guangxi Research Institute of Metallurgy, principal of Guangxi Scandium Material Engineering Technology Research Center, and principal of Comprehensive Recovery of Scandium Resources and High Purity Scandium Production Demonstration Project.
  • He undertook 6 scientific and technological development projects at or above the provincial level and won the second prize of 2015 Guangxi Science and Technology Progress Award. He has published 14 papers in international and domestic academic journals and applied for 12 patents with 6 having been granted.
  • Niels Hachmann
    Manager of Metallurgical department
    Thyssenkrupp Raw Materials GmbH
  • Niels Hachmann joined thyssenkrupp Raw Materials in 2013 where he works in the areas of raw materials trading and project management. Embedded in the global thyssenkrupp corporate group, thyssenkrupp Raw Materials is able to pool resources and technical expertise to provide solutions for several applications in different industries. Based in Essen (Germany), the company is exceptionally well connected in the raw material markets, trades various products and to some extent has exclusive marketing rights. Niels Hachmann plays a key role in the rare earth activities at thyssenkrupp Raw Materials.
  • Nick Kotaki
    Managing Director
    Material Trading Company Ltd
  • Nick Kotaki began his career with Hitachi in 1981 and in 1985 began to specialize in the importing of rare earths from China to Japan. He successfully developed many rare earths business contracts that involved trading between China, Japan, the United States and Europe. After seven years in the division he had managed to triple its sales and profits.In 1993 Nick transferred to Hitachi’s London office to head up the European Materials Division. The operation thrived under his leadership but after six years he decided the time was right to create his own trading company.Nick celebrated 10 years of independence in 2009 and decided to move his operations back to his native home of Tokyo, where he established the Materials Trading Company (MTC) Ltd.In the short time since then he has had a great impact on Japan’s rare earths’ industry, including the impressive fact that 80% of his customers are Nikkei Index listed companies.In August of 2012, MTC was selected as one of only 30 enterprises to share in government grants worth several million US$.
  • Melvin Hill
    Business Manager – Rare Earths
    GE Chaplin Inc.
  • Melvin Hill joined GE Chaplin in 2015. Established in 1987 as a manufacturer’s representative/sales agency, GE Chaplin has grown into a global specialty chemical distributor. Melvin has played a pivotal role in the expansion of the company’s rare earth business.
  • Melvin is a graduate of Wake Forest University, where he double majored in Economics and Mandarin. He completed a year of post-graduate study at the Harbin Institute of Technology where he focused on Mandarin Language studies and applied natural resource economics.
  • Yonggang Chen
    Deputy Director of Hydrogen Storage Alloys Manufacturing Department
    Xiamen Tungsten Co., Ltd.
  • Yonggang Chen, male, born in November 1977, senior engineer. He graduated from Xi'an University of Technology in 2003 with a master's degree in materials science. He has taken over and participated in a number of R&D and industrialization projects related to rare earth hydrogen storage alloys and permanent magnets since joining Xiamen Tungsten Co., Ltd. (XTC). He took part in the R&D of new hydrogen storage alloys which won the prize of 2012 National Strategic Innovation Product as well as the advanced NdFeB permanent magnetic materials, National 863 project of new rare earth hydrogen storage materials preparation and application, etc.
  • Currently, he serves as a senior engineer in the Battery Material Division and deputy director of R&D and sales in the Hydrogen Storage Manufacturing Department of Xiamen Tungsten Co., Ltd.
  • Yi Haibo
    Doctor, Production manager
  • Yi Haibo got his Doctor’s degree from Lanzhou University in 2012 and joined Tianhe Magnets in the same year.
  • He undertook the task of developing automotive, wind power and other key products and was responsible for technologies. In addition, he participated in the production manganese.
  • Tianhe Magnets is committed to the R&D, production and sales of high-end sintered rare earth permanent magnet materials. Their products, which are energy-saving and environmentally friendly, are widely used in the communication, automotive, energy, household appliances, medical equipment, aerospace, computer, elevator and other fields.
  • George Bauk
    Managing Director / CEO
    Northern Minerals
  • George Bauk is the Managing Director / CEO of Northern Minerals since 2010. Mr Bauk has been involved in the Rare Earth Industry since 2005 and during his tenure at Northern Minerals has taken the company from a greenfield exploration company to a mining company. Mr Bauk is also the Chairman of Lithium Australia and the Vice-President of the Chamber of Minerals and Energy in Western Australia. Mr Bauk has over 25 years’ experience in the resource industry and has worked for global companies including WMC Resources. Mr Bauk has visited China over 25 times in the past 5 years and developed strong working relationships which has included recent deals with Sinosteel and JFMAG (51% owned by Guangdong Rare Earths Group).
  • Ju Guoxian
    Chief analyst of nonferrous metals
    Development Research Center of GF Securities
  • Ju Guoxian, chief analyst, Master of Materials. He served as a researcher in General Research Institute for Nonferrous Metals (GRINM) for 4 years and worked as an investment analyst of mining and new material industries for 4 years. With 11 years of experience within the securities industry, he was awarded the first prize of New Fortune Best Analyst in 2013, 2014 and 2016, and the second prize of New Fortune Best Analyst in 2012 and 2015.
  • The Group that led by Ju Guoxian is well-known as the forward-looking perspective. They propose opinions such as “Revolutional material foundation” and “Heavy asset cycle”, which gained high respect among the market.
Industrial Development of “Rare Earth Kingdom” and Construction of “Rare Metals Valley” in China
Analysis on Rare Earth Supply and Demand in US Market in 2016 and Outlook for 2017
Current Demand for Rare Earth Magnet from NEV Industry and Expectations
Rear Earth Resources in Australia and Introduction to Brown Range Project
Review on Rare Earth Hydrogen Storage Alloy Market and Outlook for 2017
The Comprehensive Recycling and Application of Scandium Resources in China
China Northern Rare Earth: Predictions on Chinese export Market of Rare Earth in 2017
New Characteristics of NdFeB Magnetic Material Market and Research on Future trend
Probing into Supply and Demand of Japanese Rare Earth Market in 2017
Development trend for Rare Earth Luminescent Material Industry
Rare Earth and Capital Market
  Pay at the Venue
AM members USD2280/person
Non-members USD2480/person

10% discount allowed for three or more delegates from one company.
Account name: Asian Metal Ltd
Account number: 338956010219
Swift Code: BKCH CN BJ 110
Bank: Bank of China Beijing Guang Hua Lu Sub-Branch, 1/F Haiguan Building, 10 Guanghua Road, Beijing China

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Pullman Shghai Skyway

Pullman Shghai Skyway is a 52 storey landmark building located in the downtown. Its 309 rooms and suites start from 48 m² and have free WIFI access. This business hotel is near XinTianDi, TianZiFang and the main shopping and sightseeing areas. Crossing the street there is an access to metro line 9. Its brand new dining space Gingembre 15, is located at garden level and it has a terrace surrounded by a pond.
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Address: No.15 Dapu Road Shanghai 200023, China ;
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Room Type Price
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End of Summit
Sponsored by Northern Minerals, the 9th International Rare Earth Summit was held by Asian Metal in Shanghai during May 11-12, 2017. Topics of this summit include Rare Earth Project Introduction, Analysis of Rare Earth Demand in Europe, United States, Japan and Australia, Development of Permanent Magnet Market, Rare Earth Hydrogen Storage Alloy Market and Other Downstream Markets, and Comprehensive Recycling and Application of Scandium Resources. The meeting enjoyed wide support from insiders with nearly 150 attendees from home and abroad.
The meeting officially began at 8:50am on May 12. Firstly, Zhao Hao, assistant president of Asian Metal, made an opening speech. As an organizer, Mr. Zhao made a warm welcoming speech and gave a brief introduction of Asian Metal and main programs of the summit. Zhong Zhenchen, counselor of State-owned Assets Supervision and Administration Commission Institute of Rare Earth Magnetic, Material and Device and professor of JXUST, made a report in English on Industrial Development of "Rare Earth Kingdom" and Construction of "Rare Metals Valley" in China.>>More