2011 Annual Report on Rare Earth Market
2012-03-29 18:40:07 【Print】
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Rare earth market has attracted worldwide attention in 2011,which could see booming tendencies in H1 and sluggish situations in H2.
In H1: Chinese government has been paying more attention on rare earth industry in 2011, and a series of measures has been taking, including integration mining with closure down illegal mines, rare earths reserves, taxes increase and improvement the environmental standards for separation and smelting plants. As a result, prices of rare earths see sharp rise due to tight supply. Investors of home and abroad also pour into the market, which drives rare earth offers to go up further.