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Market

By Andrew Stone,2014-09-22 11:20
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MarketMarket

    Market

    canceforBaogangRareEarthtofurtheroptimize ;productstructure,improvedeepprocessingcapability

    ;ofrareearthproducts.extendndustriaIchainsandin

    ;creaseitseconomicbenefits.Aftercompletionofthe ;wholeproject,productioncapacityofhighperfor

    ;mancemagneticmaterialsofBaogangRareEadhis ;expectedtooccupy40%ofChinesedomesticmarket ;shareandrankthefirstjnChina.

    ;OChinaMinmetalsincreasesitsstakeinHNG ;OnDecember28,2009,thesigningceremonyfor ;strategicrestructuringbetweenChinaMinmetals ;Corp.(ChinaMinmetals)andHunanNonferrousMet

    ;alsHoldingGroup(HNG)washeldinChangsha,Hu

    ;nan.Aftertherestructuring.ChinaMinmetalsalto

    ;getherholds51%equityofHNGandtheStateowned

    ;AssetsSupervisionandAdministrationCommission ;ofHunanProvincereservedtheremaining49%. ;On24December2009.theStateownedAssets

    ;SupervisionandAdministrationCommissionofHu

    ;nanProvinceandHNGsignedanagreementtoin

    ;creasecapitalinHNGwithChinaMinmetalsCorp. ;andChinaMinmetalsNonferrousMetalsHoldingsCo. ;Ltd.Accordingtotheagreement.ChinaMinmetals ;NonferrousMetalsHoldingsCo.Ltd.wilIincrease ;RMB5.595billioninHNGtohold49%shareofHNG. ;OnDecember28.thefourpartiessignedanothera. ;greementongratuitoussharetransfer,accordingto ;which,theStareownedAssetsSupervisionandAd

    ;ministrationCOmmissionofHunanProvincetrans. ;ferredits2%equityinHNGtoChinaMinmetalsNon

    ;ferrousMetalsHoldingsCo.Ltd.forfree. ;Atthesigningceremony,ZhouZhongshu,Presi

    ;dentofChinaMinmetals,statedinhisaddressthat,in ;thenext3to5years,thestructuredHNGwilImake ;environmenta1.friendlydevelopmentofitsadvanta

    ;geousresourcesandeffectiveintegrationofsuchre. ;sourcesastungsten,antimony,tin,rareearth,lead ;andzincinHunan;improvetechnologyandequip- ;ment;boostindustriaIupgradingandcreateinterna.

    ;tionaIIeadingindustriaIclusterofcementedcarbide. ;Ieadandzincindustries;andestablishacompletesci

    ;entificresearchsystemtodiversifynonferrousmetals ;industryinHunan.enablingHNGtobecomeaworld ;leaderintungsten,antimony,leadandzincindustry ;andtheworld’slargestsupplierofmajorrareearthre—

    ;sourcesandleadingprocessorofrareearthproducts, ;exertinggreatinfluenceonChina’scopper.aluminum

    ;andtinindustry.

    ;Atthebeginningof2009,AdjustmentandDevelop

    ;mentPlanofNonferrousMetalsIndustryofChinare

    ;viewedandapprovedbytheStandingCommitteeof ;theStateCouncilcomesoutinfavorofcrossregion

    ;merger&reOrganizatiOn,regionalM&Randinternal ;M&Roflargescalekeyenterprises.soastofOrm3 ;to5powerfullargecOmDrehensiVegroups.

    ;The

    ;strategicrestructuringofChinaMinmetalsandHNG ;isthefirstlargeM&Rprojectaftertheannouncement ;ofthepolicy.

    ;MarketReview

    ;April1020.2010

    ;Rareearthmarketremainedrisingtrendrecently. ;Howevertransactionsinrareearthmarketwerefew ;holisticallyduetosupplementedinventoriesbydown

    ;streamclients.Supplyofrareearthconcentratekept ;tight.Thepricemaintainedrising

    ;Drivenbytightsupplyofrareearthcarbonateand ;vtummediumandeuropiumrichminerals,quoted

    ;priceofyttrium-mediumandeuropiumrichmInerals

    ;hadclimbedtoRMBY91.000-92.000/ton.Regulation ;onillegalrareearthminingbyGuangdongandJiangxi ;provinceswascarriedon.Tightsupplyofrareearth ;cOncentratewashardtoreverseinnearterm.The ;priceofvttummediumandeuropium.richminerals

    ;wasexpectedtokeeponrisingforaperiodoftime. ;NdFeBproducerswerenotactiveinpurchasere

    ;centlyandwaitedtoseefurthermarkettrendinstead. ;sinceNdFeBplantshadsupplementedinventories ;previouslyandthepriceofdidymiummischmetalrose ;constantly.Mainstreamdealingpriceofdidymium ;mischmeta1wasbetweenRMB$225.000-226.

    ;000/ton,butthedealingswerefew.Meanwhile,trans. ;actionofdidymiumoxidewassluggish,withthequot

    ;edpriceofRMB$172.000/toninspotmarket. ;Inquiriesforneodymiumoxidereducedslightlyre

    ;cently.MainstreamdealingpricewasRMB$180. ;000-182.000/ton.Butthepriceofpraseodymiumoxide ;remainedtoughduetostrongdemandfrOmceramic ;industry.Theactualdealingpriceofpraseodymiumox

    ;idestabilizedatRMB$178.000-180.000/ton. ;5

    ;

    ;QuotedpricesofIanthanumoxide(99-99.9%)and ;ceriumoxidef99-99.9%)wereadjustedtoRMBY33, ;000/tonandRMBY23.000/tonrespectivelyi}1early ;April.However,buyerswerenotwillingtoacceptthe ;newquotedpriceduetoweakdemandfrOmthemar

    ;ket.Theactualdealingpriceoflanthanumoxideand ;ceriumoxidehoveredatRMBY30,000/tonandRMB ;Y21,00022,000/tonrespectively.

    ;Someplantsandpersonswerestillstoringdyspro

    ;slumoxiderecently,whichpromotedanewhighquot

    ;edpriceoftheproducttoRMB$1.050/kgoreven ;higher.Dealingpriceofdysprosiumoxidehadrisen ;fr0mRMB$1.000/kgtoRMBY1.030/kg.Mainstream ;dealingpriceofDyFe(80%Dy)hadjumpedtoRMB ;$1.080/kgconsequentlyandthequotedpricewas ;aroundRMB$1.100/kg.

    ;Priceofterbiumoxide(99.99%)washardtorisere

    ;centlyanditspricestabilizedatRMBY3.O00/kg. ;Mainstreamdealingpriceofyttmoxide(99.999%) ;remainedatRMB$50.000/ton.Itwasdifficultforbuy. ;erstoacceptthequotedpriceofRMB$55.O00/ton. ;Priceofeuropiumoxide(99.99%)wasstable,at ;RMB$2,7502,800/kg.Buyerswerenotwillingtoac

    ;ceptthequotedpriceofRMB$2.900/kg.Itwasdiffi

    ;cultforthepriceofeuropiumoxide(99.99%)keeping ;onrisingsincethepriceofphosphorproductswas ;hardtorebotJndjnnearterm.

    ;EdjtorBoard:

    ;ZhaoZengqi:President,BaotouResearchInstituteofRareEarths

    ;WangXin[in:SecretaryGenera[,ChineseSocietyofRareEarths

    ;SongHongfang:Director,ChinaRareEarthInformationCenter ;ChiefEditor:ZhaoZengqi

    ;DeputyEditor-in?chief:LIUYueWANGYan ;Editor:ZhaoWenjingLINZhi

    ;Consultant:

    ;Prof.XiongBitin:Director,ChinaRareEarthOffice ;Pr0f.WangCaifeng:ViceDirector.ChinaRareEarthOffice ;Ph.D.HaochuanJiang:NPIProgramManager,GECompany ;Dr.LiBingrong:Director.BaotouREHiTechDevelopmentZone

    ;Prof.XiongJiaqi:Metallurgist&Economist ;COPYRIGHT:The{nf0rmat10ncarriedonCRElNewsletterisexc[u. ;siveandmaybecitedinotherpubUcationswiththeindicationof ;thesourceoftheinformation.Otheractionofcitationisillegal

    ;withoutthewrittenpermissionofChiefEditor. ;MajorSponsors

    ;BaotouResearchInstituteofRarePresident:Dr.ZhaoZengqi ;Tel:00864725179253Fax:00864725152008

    ;ChineseSocietyofRareEarths

    ;DirectorGenera[:Mr.GanYong

    ;Te:00861O62182748Fax:00861062173501

    ;TreibacherIndustdeAG

    ;CE0:Mr.ReinhardIr0

    ;COO:Mr.AtexanderBouvier

    ;Te:00434262505570Fax:004342625058570

    ;NeoMateHaTechnologiesInc;

    ;President&CEO:ConstantineKarayann0pOu0s

    ;TeL:O014163678588Fax:0014163675471

    ;RhodiaElectronics&Catatysis

    ;VicePresident:Mr.ZhuMingyue

    ;Tel:00862154422630Fax:00862154422302

    ;MotycorpMineralsLLC

    ;CEO:MarkA.Sm{thTe:0013038438053

    ;SaLesManager:RobertENotTel:0013038438043

    ;ArafuraResourcesUmfted

    ;ManagingDirector:Mr.StephenWard

    ;Tet:(618)62107666Fax:(618)92217966

    ;GreatWesternMineralsGroupLtd

    ;ExecutiveChairman:Mr.GaryBii[ings[ey.CAPEngPGeo ;Te:(306)6594512Fax:(306)6594501

    ;BaotouXinyuanRareEarthHi?TechNewMateda1.co.Lt~ ;President:Mr.JiDaiyu

    ;TeE00864725154366/5154399Fax:00864725154099 ;ChinaRareEarthHoldingsLimited

    ;President:Mr.JiangQuantong

    ;Te:00865107456666Fax:00865107454730

    ;BaotouHongboTechnoto8yCo.,Ltd

    ;Genera[Manager:Mr.LiuJiangang

    ;Te:00864725311183Fax:00864725161773

    ;BaotouRareEarthHi?TechIndustdalDevelopmentZone

;TeL:00864725160918Or5163128

    ;ChinaRareEarthInformationCenter

    ;Hostorganization:BaotouResearc0L.16NO.4.2010/4/25

    ;CN15-1147/TFPUBLISHEDMONTHLY

    ;l0:.6

    ;

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