Amount Of Rare Earth Limited,Mining Industry Is Expected To Usher In Revival

Posted: September 8, 2013 in Industry Information, To learn about ore

Recently, the Minister of Land, party secretary, the State Land Chief Inspector Jiang Daming chaired the 11th meeting of the Ministers office will be considered and approved in principle the “MLR issued in the year 2013 rare earth ore mining tungsten ore antimony total control indicators notice “to determine the country this year will remain unchanged total ionic rare earth mining, while modest increases in mining rare earth mineralization indicators; tungsten mining index to maintain total control of the level of 2012; antimony mining modest reduction in total control.

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“As the time draws near earth exchange operator, rare earth price stability mechanism will strengthen, A-share market in the relevant listed company will certainly benefit from it.”Guotai Junan Investment Adviser Sun Ying said that in the afternoon, so investors should pay close attention to underlying equity investment opportunities.

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It is understood that since since July 2011, rare earth prices experienced a decline in nearly two years, the rare earth prices return to production costs, the recent rebound in the price of rare earth in part the return value.In addition, China’s rare earth industry regulation, overseas rare earth mine production delays of production are also important factors. “Baotou Rare Earth Products Exchange is scheduled to run in October by the Baotou Rare Earth, Xiamen Tungsten and other rare earth production and circulation enterprises jointly funded the establishment involved in the formation of 12 shareholders Exchange business capacity accounted for over 80% of the country’s rare earth.”Sun Ying said that with the exchange operator time is approaching earth, rare earth price stability mechanism will be strengthened.Investors can focus on the Baotou Rare Earth, Xiamen Tungsten, Chenzhou Mining and other listed companies.

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