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

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 The second batch of rare earth mandatory plan for 2017 Converted into REO; unit: t No.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 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.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 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, 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 CopyrightOn 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 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 CopyrightOn July 13, China’s Ministry of Industry and Information “MIIT” for short released the second batch of rare earth mandatory plan for 2017Asian Metal Copyright