• Germanium Metal 99.99%min EXW China(400)  07-19|Manganese Ore S.A. 36%min In Tianjin Port(-1.2)  07-19|Manganese Ore S.A. 37%min In Tianjin Port(-1.2)  07-19|Manganese Ore S.A. 36%min In Qinzhou Port(-1.2)  07-19|Manganese Ore S.A. 37%min In Qinzhou Port(-1.2)  07-19|Silicon Metal 98.5%min Delivered US(-0.05)  07-19|Ferro-vanadium 50%min In warehouse Russia(20)  07-19|Stainless HR Coil 201/No.1 6.0mm In warehouse China(-200)  07-19|Manganese Ore Gabonese 44%min In Tianjin Port(-1.5)  07-19|Manganese Ore Brazilian 44%min In Tianjin Port(-1.5)  07-19|Manganese Ore Australian 45%min In Tianjin Port(-1.5)  07-19|Tin Conc. Burmese 20%min In warehouse MengA(-5000)  07-19|Tin Conc. Burmese 30%min In warehouse MengA(-5000)  07-19|Chrome Lump 40%min FOB Turkey(7)  07-19
  • Rare Earth Industry Annual Report 2022

    2023-02-21 08:48:50   【Print】
    The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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    Contents

    1 Definition, Type, Distribution, Application 6
    1.1 Definition 6
    1.2 Type 6
    1.2.1 Bastnaesite-Monazite Mixed Ore 6
    1.2.2 Bastnaesite Ore 6
    1.2.3 Ionic Rare Earth Ore 6
    1.2.4 Monazite Ore 6
    1.3 Distribution 6
    1.3.1 Global rare earth mine production and reserves 6
    1.3.2 Chinese rare earth mine reserves 7
    1.3.3 Chinese rare earth producers' distribution 7
    1.4 Applications 8
    1.5 Chinese Rare Earth Policy 8
    1.5.1 Production quotas 8
    1.5.2 Resource tax 9
    1.5.3 New rare earth mines exploration 9
    1.5.4 National stockpile 9
    1.5.5 Tariff 9
    1.5.6 Export rebates 9
    2 Economy and Policy 9
    2.1 Customs Tariff Commission of State Council issues 9
    2.2 NEA: China's newly added wind and solar power installed capacity exceeds 100GW in 2022 10
    2.3 China releases first rare earth mining and smelting quotas for 2022 10
    2.4 GACC: total import-export value grows 13.3% YOY in Jan-Feb 10
    2.5 Anyuan government cracks down illegal rare earth mining site 10
    2.6 MEE launches six-batch of second-round central environmental inspection 10
    2.6 Wuping government cracks down illegal rare earth mining sites 10
    2.7 Five inspection teams carry out onsite work for second round of environmental protection inspection 10
    2.8 MIIT publicizes rare earth functional material production results in Q1 2022 10
    2.9 Shanghai government issues 14th Five-Year Plan for energy development 10
    2.10 IMF again cuts global economy growth forecast for 2022 and 2023 10
    2.11 MIIT: China's rare earth functional material production maintains steady growth in H1 2022 10
    2.12 Ministry of Natural Resources: China should improve ability to guarantee strategic mineral resources supply 11
    2.13 China announces 2022 second-batch rare earth mining and smelting/separation quotas 11
    2.14 IMF cuts 2023 global economic growth forecast to 2.7% 11
    2.15 China sees RMB68.62 billion of new energy vehicle purchase taxes exempt by Nov 10th in 2022 11
    2.16 NBS: China's new energy sector continues rapid growth 11
    3. Market Movements 11
    3.1 Domestic Market 11
    3.1.1 PrNd oxide 99%min EXW China 11
    3.1.2 PrNd mischmetal 99%min Nd2O3 75% EXW China 12
    3.1.Asian Metal Copyright1 China's PrNd oxide consumers' total number 52 6.Asian Metal Copyright3 Neodymium oxide 99.5%min EXW China 13
    3.1.4 Neodymium metal 99%min EXW China 14
    3.1.Asian Metal Copyright6 MEE launches six-batch of second-round central environmental inspection 10 2.Asian Metal Copyright5 Praseodymium 99.5%min EXW China 15
    3.1.Asian Metal Copyright3.Asian Metal Copyright6 Dysprosium oxide 99.5%min EXW China 16
    3.1.7 Ferrodysprosium 80% EXW China 17
    3.1.Asian Metal Copyright5%min EXW China 62 9.Asian Metal Copyright8 Terbium oxide 99.99%min EXW China 18
    3.1.Asian Metal Copyright2.Asian Metal Copyright9 Terbium metal 99.9%min EXW China 19
    3.1.10 Chinese cerium oxide market 20
    3.1.11 Chinese lanthanum oxide market 21
    3.1.Asian Metal Copyright2 China's neodymium metal producers' capacity 51 5.Asian Metal Copyright12 Europium oxide 99.999%min EXW China 22
    3.1.Asian Metal Copyright1.Asian Metal Copyright13 Yttrium oxide 99.999%min EXW China 23
    3.2 Export Market 24
    3.2.1 Neodymium metal 99%min FOB China 24
    3.2.2 Ferrodysprosium 80% FOB China 25
    3.2.Asian Metal Copyright3 Neodymium oxide 99.Asian Metal Copyright3 Lanthanum oxide 99.9%min FOB China 26
    3.3 International Market 27
    3.3.1 European cerium oxide market 27
    3.3.2 European praseodymium oxide market 28
    4 Company News 29
    4.1 Domestic Market 29
    4.1.1 Shengyuan 8,000tpy high-performance NdFeB magnet project starts construction 29
    4.1.Asian Metal Copyright1.Asian Metal Copyright2 4.2 JL MAG estimates net profit in 2021 up by 65%-100% YoY 29
    4.1.Asian Metal Copyright45 Mentech to invest RMB200 million in building Biyang manufacturing base 33 4.Asian Metal Copyright3 4.3 Bao Gang United Steel raises rare earth concentrate selling price 29
    4.1.4 Inner Mongolia Jinqian New material increases LaCe mischmetal output 29
    4.1.5 Huahong Technology to supply rare ear products to Apple's authorized purchaser 29
    4.1.6 Fuyuan Rare Earth commences construction of 5,000tpy rare earth separation production line relocation project 29
    4.1.7 Zhongtian Magnetoelectric's rough NdFeB magnet consumption to slide 30
    4.1.8 Cixi Zhonghan reduces rough sintered NdFeB magnet consumption 30
    4.1.9 Guangxi Maoxin's scandium oxide output to decrease 30
    4.1.10 Baotou Weiming's samarium metal output to slide 30
    4.1.Asian Metal Copyright62 billion of new energy vehicle purchase taxes exempt by Nov 10th in 2022 11 2.Asian Metal Copyright11 Shenghe Resources to buy 19.Asian Metal Copyright1.Asian Metal Copyright9% stake in Australia Peak Rare Earths for AUD39.25 million 30
    4.1.12 Zhongtian Magnetoelectric to reduce rough NdFeB magnet consumption 30
    4.1.14 Zhejiang Zhongyuan's rough sintered NdFeB magnet output to decline 30
    4.1.15 Jinconn New Material to invest RMB3 million in setting up fully owned subsidiary 30
    4.1.16 Bayannur Tiansheng to decrease cerium metal output 31
    4.1.Asian Metal Copyright2.Asian Metal Copyright17 Ningbo Yunsheng to raise no more than RMB1.08 billion for rare earth magnet material project 31
    4.1.18 Haina Xici reduces rough sintered NdFeB magnet consumption 31
    4.1.20 Zhong Ke San Huan Hi-tech to expand 10kt sintered NdFeB production capacity in 2022 31
    4.1.Asian Metal Copyright6 US Pigment to increase holmium oxide consumption 40 4.Asian Metal Copyright23 Tianneng Heavy Industries to raise up to RMB2.07 billion for wind power projects 31
    4.1.24 Cixi Zonghan's rough sintered NdFeB magnet consumption declines 31
    4.1.25 Northern Rare Earth and Qingdao CCS to cooperate in rare earth magnetic motor project 31
    4.1.26 Zhejiang Z-R-K's bonded magnetic powder output increases 31
    4.1.27 Ganzhou Huazhuo Renewable Resources Recycling and Utilization commences trial production 31
    4.1.28 Northern Rare Earth plans to produce 125,000t of rare earth smelted and separated products in 2022 32
    4.1.29 Jingxiang Magnet's bonded magnetic powder output to decrease 32
    4.1.30 JL MAG's subsidiary signs strategic cooperation framework agreement with CR Power 32
    4.1.31 Zhejiang Z-R-K increases bonded magnetic powder output 32
    4.1.32 Yunsheng Baotou branch commences construction of high-performance rare earth magnet material intelligent manufacturing project 32
    4.1.33 China Rare Earth Group and Baoshan city government sign strategic cooperation agreement 32
    4.1.34 Innuovo: New 2,000t rough NdFeB magnet production capacity under construction 32
    4.1.35 GreatStar Group to invest in rare earth magnetic material industrial park project in Mianyang 32
    4.1.36 China Rare Earth Group's Gannan mine resumes production after upgrading 32
    4.1.37 Haina Xici's rough sintered NdFeB magnet consumption declines 32
    4.1.38 Northern Rare Earth: Huaxing Rare Earth Technology to merge with Keri Rare Earth Materials 33
    4.1.39 JL MAG: Baotou base phase one project expected to reach nameplate production capacity in late Jun 33
    4.1.40 Tianjiao Seimi commences construction of 9,000tpy RE polishing powder upgrading and expansion project 33
    4.1.41 Tus-Design wins 100MW wind power project bidding with Power China 33
    4.1.42 Shenghe Resources signs strategic cooperation framework agreement with dominant shareholder and LB Group 33
    4.1.43 Inner Mongolia Jinquan's LaCe mischmetal output declines 33
    4.1.44 Baotou Steel to resign rare earth concentrate supply contract with Northern Rare Earth 33
    4.1.45 Mentech to invest RMB200 million in building Biyang manufacturing base 33
    4.1.46 China Rare Earth Group International Trade established in Ganzhou, Jiangxi 34
    4.1.47 JL MAG to acquire 51% stake in Bayannur Yinhai New Materials 34
    4.1.48 Xinjiang power grid's installed new energy capacity exceeds 37 GW 34
    4.1.48 Rising Nonferrous' subsidiary granted with rare earth mining permit 34
    4.1.49 Windey to invest RMB898 million in Jiuquan Mazongshan 150MW wind power project 34
    4.1.50 LB Group's subsidiary signs investment cooperation agreement on comprehensive recycling valuable metals 34
    4.1.51 GRIAM's controlling shareholder signs cooperation agreement with China Rare Earth Group to build rare earth innovation base 34
    4.1.Asian Metal Copyright2 PrNd mischmetal 99%min Nd2O3 75% EXW China 12 3.Asian Metal Copyright52 Xiamen Tungsten's magnetic materials sales up by 9.82% YOY in H1 2022 34
    4.1.Asian Metal Copyright3 International Market 63 9.Asian Metal Copyright53 TBEA to invest RMB2.24 billion in new energy power station projects 34
    4.1.54 China Datang and Shandong Provincial Government sign strategic cooperation agreement 35
    4.1.55 Rising Nonferrous completes main body of 8,000tpy high-performance NdFeB magnet project 35
    4.1.56 China Rare Earth Group and Ganzhou local governments sign cooperation memo 35
    4.1.57 JEZETEK's 100MW wind power project in Tailai approved 35
    4.1.58 Shouhang Hi-Tech to invest in solar-thermal storage multi-energy complementary integration base project 35
    4.1.59 Haina Xici's rough sintered NdFeB magnet consumption increases 35
    4.1.60 Rising Nonferrous completes main body of 8,000tpy high-performance NdFeB magnet project 35
    4.1.Asian Metal Copyright14 Zhejiang Zhongyuan's rough sintered NdFeB magnet output to decline 30 4.Asian Metal Copyright60 Datang International Power Generation plans to invest RMB2.732 billion in 5 new energy projects 35
    4.1.61 Xiamen Tungsten and Chifeng Gold sign cooperation agreement on developing rare earth resources in Laos 36
    4.1.Asian Metal Copyright1.Asian Metal Copyright62 Lixin Energy to invest RMB2.96 billion in 450MW new energy projects 36
    4.1.63 Ningbo Yunsheng and Sinomine Resource to set up JV company on African rare earth projects 36
    4.1.Asian Metal Copyright1.Asian Metal Copyright64 JL MAG's high-performance rare earth permanent magnetic material production up by 49.80% YOY in H1 36
    4.1.65 Northern Rare Earth signs strategic cooperation agreement with CNEIC 36
    4.1.66 Bossco and Guangdong Development New Energy sign new energy strategic cooperation agreement 36
    4.1.67 Dongyang Yinhai's bonded magnetic powder output declines 36
    4.1.Asian Metal Copyright1.Asian Metal Copyright68 Wolong Real Estate's subsidiary to acquire 10.39% stake in Jinyuan Rare Earth 36
    4.1.69 Baotou Weiming resumes samarium metal production 36
    4.1.70 Xiamen Tungsten and Chifeng Gold set up JV on developing rare earth resources in Laos 36
    4.1.70 Ningbo Energy: Subsidiary to build Bowei integrated smart energy project 37
    4.1.71 Guangyu Development to raise no more than RMB5 billion for wind and PV power generation projects 37
    4.1.72 Mentech Optical & Magnetic to raise no more than RMB455 million in private placement 37
    4.1.Asian Metal Copyright10 Chinese cerium oxide market 63 9.Asian Metal Copyright73 Jingneng Power's 1.5GW wind power PV project in Ulanqab gets approved 37
    4.1.Asian Metal Copyright2.Asian Metal Copyright74 Jingneng Power's 1.5GW wind power PV project in Ulanqab gets approved 37
    4.1.75 Huahong Technology to invest RMB250 million in building 4,000tpy high-performance magnetic material project 37
    4.1.76 Globally largest rare earth polishing powder project to go into operation soon in Zibo, Shandong 37
    4.1.77 BYD's NEV sales increase by nearly 250% YoY in Jan-Sept 37
    4.1.78 Haili Wind Power to invest RMB1 billion in offshore wind power heavy equipment manufacturing project 37
    4.1.79 Shenghe Resources expedites development of Tanzania-based Ngualla rare earth ore project 38
    4.1.Asian Metal Copyright1.Asian Metal Copyright80 Northern Rare Earth: Rare earth oxide sales down by 47.65% YoY in Q3 38
    4.1.81 Dian Tou Energy to increase capital of subsidiary to build 500MW wind power project 38
    4.1.82 Rising Group signs strategic cooperation agreement with China Rare Earth Group 38
    4.1.Asian Metal Copyright1.Asian Metal Copyright83 GAC Group's NEV sales up by 125.5% YOY in Jan-Oct 38
    4.1.84 CEEG Guangzhou wins bids for offshore wind power project of 510MW 38
    4.1.85 Monazite comprehensive utilization project with largest single-mine production capacity in China commences construction 38
    4.1.86 Northern Rare Earth finishes restructuring of Quannan Jinghuan 38
    4.1.87 Northern Rare Earth finishes restructuring of Quannan Jinghuan 38
    4.1.88 Shenghe Resources' subsidiary to sign bastocerium rare earth concentrate purchase contract with Hedi Mining 39
    4.1.89 BRIRE Metallic Materials Research Institute relocated in Northern Rare Earth new material innovation base 39
    4.1.90 Zhong Ke San Huan Hi-tech announces current sintered NdFeB capacity of 22,000t 39
    4.1.91 World's largest floating offshore wind power project starts construction 39
    4.2 International Market 39
    4.2.1 Rama Ferro Alloys & Finance to reduce LaCe mischmetal consumption 39
    4.2.2 Sisecam Genel Merkezi's erbium oxide consumption declines sharply 39
    4.2.3 Pensana to build $171 million Yorkshire project to break China's rare earths monopoly 39
    4.2.4 US Pigment's praseodymium oxide consumption declines sharply 39
    4.2.5 ABx Group unveils new rare earth discoveries in Tasmania 40
    4.2.6 US Pigment to increase holmium oxide consumption 40
    4.2.7 Mkango Resources to supply Polish plant with rare earths 40
    4.2.8 Eclipse Metals: Greenland multi-commodity project returns more high-grade REE results 40
    4.2.9 Lynas plans to increase PrNd production 40
    4.2.10 MP Materials to build rare earth magnetics manufacturing plant in Texas 40
    4.2.11 Schaeffler signs five-year supply deal with REEtec for rare earth oxides 40
    4.2.13 Rama Ferro Alloys & Finance's LaCe mischmetal consumption moves up 40
    4.2.14 Neo Performance Materials reopens rare earth facility in China after city lockdown 40
    4.2.15 US Pigment's holmium oxide consumption to move up 41
    4.2.16 Nuinsco Resources reports initial mineral resources estimate on Prairie Lake critical minerals project 41
    4.2.Asian Metal Copyright1.Asian Metal Copyright17 Australian Rare Earths announces A$8.1 million placement to fund Koppamurra project 41
    4.2.18 Rainbow Rare Earths explores rare earth opportunity in South Africa 41
    4.2.19 Kazera Global to acquire rare earth elements project in Kenya 41
    4.2.20 Vital Metals produces high-grade concentrate in first run at Saskatoon rare earths extraction plant 41
    4.2.21 Araxa Metals to get environmental protection license approval in December 41
    4.2.22 GAC Toyota's NEV expansion project of 200,000 units/year put into operation 41
    4.2.Asian Metal Copyright 44 5.Asian Metal Copyright23 NFC to transfer 41.56% stake in NFC Southern Rare Earth 42
    5. Producers Statistics 42
    5.1 China's PrNd oxide production statistics 42
    5.1.1 China's PrNd oxide producers' total number 42
    5.1.3 China's PrNd oxide producers' average operating rate 42
    5.1.4 China's PrNd oxide producers' output 43
    5.1.4 China's PrNd oxide producers' stocks 43
    5.2 China's PrNd mischmetal production statistics 44
    5.2.1 China's PrNd mischmetal producers' total number 44
    China's PrNd mischmetal producers' total number hovered at 36 in 2022, unchanged YoY. 44
    5.2.1 China's PrNd mischmetal production capacity 44
    5.2.2 China's PrNd mischmetal producers' operating rate 45
    5.2.3 China's PrNd mischmetal producers' output 45
    5.2.4 China's PrNd mischmetal producers' inventory 46
    5.3 China's dysprosium oxide production statistics 46
    5.3.1 China's dysprosium oxide producers' total number capacity 46
    China's dysprosium oxide 99.5%min producers' total number in 2022 stayed at seven, without much change YoY. 46
    5.3.2 China's dysprosium oxide producers' production capacity 47
    5.3.3 China's dysprosium oxide producers' operating rate 47
    5.3.4 China's dysprosium oxide producers' output 48
    5.3.4 China's dysprosium oxide producers' inventory 48
    5.4 China's ferrodysprosium production statistics 48
    5.4.1 China's ferrodysprosium producers' total number 48
    5.4.2 China's ferrodysprosium producers' production capacity 49
    5.4.2 China's ferrodysprosium producers' operating rate 49
    5.4.3 China's ferrodysprosium producers' output 50
    5.4.4 China's ferrodysprosium producers' inventory 50
    5.5 China's neodymium metal production statistics 50
    5.5.1 China's neodymium metal producers' total number 50
    5.5.2 China's neodymium metal producers' capacity 51
    5.5.3 China's neodymium metal producers' operating rate 51
    5.5.3 China's neodymium metal producers' output 52
    5.5.4 China's neodymium metal producers' inventory 52
    6. Consumers Statistics 52
    6.1 China's PrNd oxide consumption statistics 52
    6.1.1 China's PrNd oxide consumers' total number 52
    6.1.2 China's PrNd oxide consumers' consumption capacity 53
    6.1.3 China's PrNd oxide consumers' operating rate 53
    6.1.3 China's PrNd oxide consumers' consumption 54
    6.1.4 China's PrNd oxide consumers' inventory 54
    6.2 China's dysprosium oxide consumption statistics 54
    6.2.1 China's dysprosium oxide consumers' total number 54
    6.2.2 China's dysprosium oxide consumers' consumption capacity 55
    6.2.3 China's dysprosium oxide consumers' operating rate 55
    6.2.4 China's dysprosium oxide consumers' consumption 56
    6.2.4 China's dysprosium oxide consumers' inventory 56
    7. Customs Statistics 56
    7.1 Summary of rare earth export statistics in 2022 56
    7.2 China's neodymium oxide export volume 57
    7.3 China's dysprosium oxide export volume 58
    7.4 China's terbium oxide export volume 58
    7.5 China's lanthanum oxide export volume 59
    7.6 China's cerium oxide export volume 60
    7.7 China's yttrium oxide export volume 60
    8. Relevant Industries Development 61
    9 Supply and Demand Outlook 62
    9.1 Domestic Market 62
    9.1.1 PrNd oxide 99%min EXW China 62
    9.1.2 PrNd mischmetal 99%min Nd2O3 75% EXW China 62
    9.1.Asian Metal Copyright43 Inner Mongolia Jinquan's LaCe mischmetal output declines 33 4.Asian Metal Copyright3 Neodymium oxide 99.5%min EXW China 62
    9.1.4 Neodymium metal 99%min EXW China 62
    9.1.Asian Metal Copyright99%min EXW China 62 9.Asian Metal Copyright5 Praseodymium 99.5%min EXW China 62
    9.1.Asian Metal Copyright7 Ferrodysprosium 80% EXW China 17 3.Asian Metal Copyright6 Dysprosium oxide 99.5%min EXW China 62
    9.1.7 Ferrodysprosium 80% EXW China 62
    9.1.Asian Metal Copyright1.Asian Metal Copyright8 Terbium oxide 99.99%min EXW China 62
    9.1.Asian Metal Copyright2.Asian Metal Copyright9 Terbium metal 99.9%min EXW China 63
    9.1.10 Chinese cerium oxide market 63
    9.1.11 Chinese lanthanum oxide market 63
    9.1.Asian Metal Copyright22 GAC Toyota's NEV expansion project of 200,000 unitsyear put into operation 41 4.Asian Metal Copyright12 Europium oxide 99.999%min EXW China 63
    9.1.Asian Metal Copyright1.Asian Metal Copyright13 Yttrium oxide 99.999%min EXW China 63
    9.2 Export Market 63
    9.2.1 Neodymium metal 99%min FOB China 63
    9.2.2 Ferrodysprosium 80% FOB China 63
    9.2.Asian Metal Copyright1.Asian Metal Copyright3 Lanthanum oxide 99.9%min FOB China 63
    9.3 International Market 63
    9.3.1 European cerium oxide market 63
    9.3.2 European praseodymium oxide market 63


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