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The Chinese rare earth market witnessed continuously climbing prices in H1 of 2017 owing to the government's intensified environmental inspections and crackdown on illegal production. In July and August, prices soared as suppliers were reluctant to sell with a bullish attitude toward the market outlook. However, prices started to decline from September due to downstream consumers' resistance. Currently, most Chinese rare earth separation plants showed intentions of halting production in late December or next January in a bid to prop up prices. Then, can we expect a turnaround in the Chinese rare earth industry in 2018?
In terms of the global market, on the one hand, suppliers outside of China are striving to become more competitive suppliers by entering into long-term supply contracts and providing customized products; on the other hand, consumers, especially some from Japan, turned to source the material from outside China as prices are sensitive to policies in China. Consequently, China is losing its market share. Will China still be the leading supplier or one of the top two or three in the global market in 2018?
The key growth driver of rare earth is demand for rare earth permanent magnet. The key segments driving this demand growth are electrification of vehicles, growth in direct drive wind turbine manufacture, and the continued growth of consumer electronics and automation. Will there be any change in the supply and demand of rare earth permanent magnet in 2018?
In order to provide a platform for participants from both China and overseas to share opinion about rare earth price trend and supply & demand pattern, Asian Metal is going to hold the 10th International Rare Earth Summit in Sanya, Hainan on May 10-11th, 2018. The summit will provide an opportunity for industry elites from around the world to meet face to face and exchange ideas, meet customers, and take part in industry discussions. All industrial elites are welcomed to the summit for joint discussion.
Thursday on 10 May 16:00-19:00 Early Registration
18:00-20:00 Welcome Dinner
Friday on 11 May 08:30-09:00 Session Registration
09:00-09:10 Opening Speech
George Bauk
Managing Director and Chief Executive Officer of Northern Minerals Limited
09:10-09:40 Updates of Brown Range Rare Earth Project
George Bauk
Managing Director and Chief Executive Officer of Northern Minerals Limited
09:40-10:20 Rare Earth Industry Development in New Era
Hu Zesong
Chairman of Shenghe Resources Holding Co., Ltd.
10:20-10:50 NdFeB magnet application and the latest development
Qiu Yi
Sales Manager of Beijing Jingci Material Technology Co., Ltd.
10:50-11:10 Tea break
11:10-11:40 Neodymium and Praseodymium ‘NdPr’ The Biggest Blind Spot in the Global Commodity Market
Michael Prassas
GM of Sales and Marketing of Peak Resources Limited
11:40-12:00 The Role of Rare Earth for CMP of Semiconductor
In Joung
President of Inochem Co., Ltd.
12:00 Lunch
14:00-14:40 Trends of Japanese Rare Earths Industry
Shigeo Nakamura
CEO of Advanced Material Japan Corporation
14:40-15:20 How can LYNAS support your RE application development?
Pol Le Roux
Vice President Sales & Marketing of Lynas Corporation Limited
15:20-15:50 Tea break
15:50-16:20 The European rare earth market and updates from Rainbow rare earth
Niels Hachmann
Manager of Metallurgical department of Thyssenkrupp Raw Materials GmbH
16:20-17:00 Analysis on China's Scandium Industry and Its Outlook
Chen Weiping
Deputy general manager of Hunan Oriental Scandium Co., Ltd.
End of summit
18:00 Business Dinner
  • Pol Le Roux
    Vice President Sales & Marketing
    Lynas Corporation Limited
  • Pol joined Lynas in October 2010 as Vice President Sales & Marketing. Prior to Joining Lynas he worked for Rhodia (since acquired by Solvay in 2011) as Diphenol Global Strategic Business Unit Director based in China. He managed all operations worldwide (six plants) of Rhodia Diphenol’s businesses, its R&D programs and he was accountable for cash generation, CFROI and business growth sustainability. During this period, strong cash flow was generated in spite of the global financial crisis, and heavy restructuring was undertaken along with implementing a cost-competitive plan for the subsequent three years.
  • Pol also held various positions in Rhodia (Rhone-Poulenc until 1998) that included:
    •Electronics Business Unit Director based in La Rochelle France
    •President of Rhodia Polyamide Co Ltd and Engineering Plastic Asia/Pacific GM based in Seoul
    •Regional Business Director for Polyamide Intermediates based in Seoul
    •Global Strategy Manager for Polyamide Intermediates based in Paris
    •Project management and Electrical Instrumentation Engineering roles with Polyamides Intermediates in Chalampe plant France, starting in 1985.
  • Prior to working with Rhodia, Pol participated in the construction of a factory for Renault in Mexico.
  • When not working, Pol would prefer to be sailing. He has an MBA from INSEAD and a degree in electrical engineering and robotics from the Grenoble Institute of Technology.
  • George Bauk
    Managing Director and Chief Executive Officer
    Northern Minerals
  • George is an experienced resources executive with over 25 years’ experience in the sector. He joined Northern Minerals in 2010 and has been instrumental in transforming the company from a rare earth discoverer through to its current status as the developer of the Browns Range Heavy Rare Earths Project. The 3-year Pilot Plant Project is under construction in the East Kimberley region of WA, with first mixed rare earth carbonate shipment in the September quarter. Under George’s stewardship, the company has rapidly transitioned from a greenfields heavy rare earth explorer to now being poised to become the next global producer of high value Dysprosium outside of China.
  • 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.
  • Michael Prassas
    GM of Sales and Marketing
    Peak Resources
  • Michael is a skilled senior Sales, Marketing and Business Development Executive, with more than 20 years of B2B and B2C industry experience. He has excellent knowledge & insights of the automotive, rare earth and energy metals sector and is used to working in multi-cultural, complex organizations within a trans-global business and budget responsibility. Before joining Peak Resources, Michael worked as a Global Key Account Manager for Solvay/ Rhodia rare earth systems, BP plc, TomTom and Aisin AW.
  • Peak Resources is an Australian listed company aiming to become one of the lowest cost players in the rare earth industry. Located in Tanzania, Ngualla is one of the world’s largest and highest grade undeveloped Neodymium and Praseodymium (NdPr) deposit. Combined with the unique advantages of its own rare earth refinery in Tees Valley, UK, Peak Resources is developing the Ngualla-Tees Valley project into a next generation fully-integrated NdPr rare earth project. NdPr are the key enabling raw materials of permanent magnet motors, the heart of the electric mobility revolution.
  • Chen Weiping
    Deputy general manager
    Hunan Oriental Scandium Co., Ltd.
  • Chen Weiping, Han nationality, born in Changsha, Hunan province, senior engineer. He graduated from School of Materials, Central South University in 1984. Mr. Chen worked at Hunan Rare Earth Metal Material Research Institute from 1984 to 2010, mainly engaged in rare earth metal production, rare earth application development, scandium extraction, etc. Mr. Chen now serves as deputy general manager and director in Hunan Oriental Scandium Co., Ltd. in charge of R&D and marketing of scandium. Mr. Chen obtained 6 patents for inventions in China, published over 10 articles in domestic journals and won the third prize of Hunan Provincial Science and Technology Progress Award in 2015.
  • In Joung
    President of Inochem Co., Ltd
    Doctor of Science at material science in chemical engineering
  • Career
    2005.3~2013.12  Hoseo Uiv. Fine material Engineering  Adjunct Professor
    2006,12~ Up to now  Chungnam Nano Commercialization Bureau  Assistant administrator
    2002.4~ Up to now  Inochem Co., Ltd  Representative
    1999.8~2001.6  SK materials Co., Ltd  R&D manager
    1997.11~1999.7  DKC Co., LTD  R&D Planning
  • Award Winning Career
    2002. 6  Awarded New Knowledge Worker of Korea
  • Product Development
    Abrasive for CRT  SK material Co., Ltd
    Sawing abrasive for Si wafer  SK material Co., Ltd
    Lapping Abrasive for Si wafer  SK material Co., Ltd
    CMP Slurry for Semi-conductor  Inochem Co., Ltd
    Cleaning solution after CMP  Inochem Co., Ltd
  • Shigeo Nakamura
    Advanced Material Japan Corporation
  • In 1947, Shigeo Nakamura was born in Kyoto, Japan. He joined CHORI, one of the major trading companies in Japan. In 1979, he had started his sales career in chemical department, to import rare-metals like wolfram, molybdenum etc. from China. Since 1989, he has developed Russia-Japan trading business. He had started to import Titanium Sponge from Russia. In 2003, Advanced Material Japan Corporation was splitted up from CHORI. Mr. Nakamura, CEO has developed rare metal, rare earth trading business over 35 years, and today granted as a leading person in this field. AMJ has cooperated with not only Chinese, Russian companies but with CIS's, AESAN, African and East middle companies.
  • Qiu Yi
    Sales Manager
    Beijing Jingci Material Technology Co., Ltd. (836299)
  • Qiu Yi has been engaged in the project management and marketing concerning rare earth magnetic material and motor industries after graduating from the major of magnetic material since 2008. He once served as the Sales Director of Hangzhou Kede Magnetic Components Co., Ltd. and has unique understanding on the application and development of rare earth downstream magnetic products, including sintered NdFeB magnet and bonded NdFeB magnet, etc.
  • Zengsong Hu
    Shenghe Resources Holding Co., Ltd
  • Bachelor degree and Renmin University of China. He is the current representative of People's Congress in Chengdu Wuhou District, with professional title of senior engineer. He has been working in the Institute of Multipurpose Utilization of Mineral Resources since 1983 and served as the deputy chief of Political Section, director of Emei Pilot Test Base, assistant chief in succession and also the sitting deputy director, with adjunct positions as the director of China Geological Society, the Chinese Society of Rare Earths and the vice president of Sichuan Metallurgical Association, Sichuan Consulting Association and Sichuan Rare Earths Association. He stayed in Leshan Shenghe Rare Earth Co., Ltd. (SCSHARE) as the director of from 2001 to October, 2013 and the vice president from 2014 till now. He has been serving as the president of Shenghe Resources Holding Co., Ltd since January, 2013.
Analysis on Rare Earth Supply and Demand in Chinese Market in 2017 and Outlook for 2018
Status and Prospects and prospect of Chinese Rare Earth Permanent Magnet industry
Analysis and forecast on China's economy development trend
Outlook for China's rare earth export market in 2018
Analysis and outlook for Japanese rare earth market
Supply and demand in American rare earth market
Status and prospect of European rare earth market
Development of Rare Earth Resources in Australia
Polish powder industry development trend
Review on Rare Earth Catalyst Market and Outlook for 2017
  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

We offer variety of sponsorships for our events at different rates. Sponsoring at the summit will provide you a unique opportunity to promote your products and services and is a great way to improve your company’s awareness in the industry. We are happy to advise you on the most appropriate means of implementing your marketing strategy. Sponsorship please connect with:
Vivian Pang
Tel: +86-10-65630511/77 ext: 817
Fax: +86-10-65630511-802
Mp: +86-18210722156
Eric Qiu
Tel: +86-10-65630511/77 ext: 818
Fax: +86-10-65630511-802
Mp: +86-15001192639

Hotel: Inter Continental Sanya Resort

Inter Continental Sanya Resort supplies special room offers for all Summit attendees.
Please book hotel in time, as room supply is limited.
Reservation tel.: +86 -898-8861 8888 Ext.8206/8212
Please download and send the attached room reservation form, payment authorization form and Hotel payment account. to
Or fax to +86-898-88206205
Add.:No.1 Zhouji Road, Sanya, Hainan, China
25 minutes away from the airport
Room Type & Rate
Room Type Room Rate/Night/Room
Superior Water Garden View RMB750
Club InterContinental RMB 850
Superior Ocean View RMB 1,000
Premium Ocean View RMB 1,200
Club InterContinental Suite RMB 1,800
Beach Front Villa RMB 2,200

All quotations are in Chinese Yuan (CNY) and all payments shall be made in CNY at the Hotel’s prevailing exchange rate when payment happens.
The above room rates are inclusive of up to two daily international buffet breakfasts. Additional daily buffet breakfast can be arranged at CNY208 per person which inclusive of 10% service charge and applicable taxes.
The above room rates are non-commissionable and inclusive of 10% service charge and applicable taxes regarding to Chinese laws and regulations.
3 days early arrival or 3 days extension of stay can be apply for the same rate, other date subject to availability of the hotel category and different rate shall apply at the time of reservation.
The above room rates are inclusive of internet in guest room.
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  • Contact us
  • Vivian Pang

    Tel: +86-10-65630511/77 ext: 817

    Fax: +86-10-65630511-802

    Mp: +86-18210722156


    Eric Qiu

    Tel: +86-10-65630511/77 ext: 818

    Fax: +86-10-65630511-802

    Mp: +86-15001192639


End of Summit
On May 10-11, 2018, the 10th International Rare Earth Summit held by Asian Metal and sponsored by Northern Minerals Limited and Peak Resources in Australia was held in Sanya of Hainan. Topics of the Summit were as follows: rare earth ore exploitation in countries from Australia, America, Asia, Africa and other regions; rare earth's demand and supply analysis in Europe, Japan, South Korea and others; downstream market development like rare earth permanent magnetic material and polishing and analysis on China's scandium industry and its outlook. The Summit received wide support of insiders from rare earth industry and approximately 200 representatives from more than 10 countries like China, the United States, Australia, Japan, South Korea, Singapore, Malaysia, Germany, Austria, Italy, and Luxembourg attended the Summit.
The Summit formally started at 9:00 a.m. on May 11. George Bauk, the managing director and CEO of Australian-based Northern Minerals Limited made an opening speech firstly. Then, he introduced the company's updates of Browns Range Rare Earth Project which was operated crushing circuit debugging this May and would supply heavy rare earths to the world from this September. The output of rare earth oxides would reach 3,000tpy after the project ran at full capacity with around 300t of dysprosium oxide.>>More