The Rare Earth Industry Association officially listed on April 8.

        The China Rare Earth Industry Association was listed on April 8 and will exert influence on key issues such as rare earth export prices, export quotas, and litigation in the form of intermediary organizations. After a few years of brewing, the China Rare Earth Industry Association has finally been established. On April 4th, an expert in the rare earth industry who asked not to be named said to the reporter: "On April 8, 9:00 am, the listing meeting of the rare earth industry association will be held on time." This marks the preparation of China's rare earth industry association in 4 After 5 years, it will finally be listed in 2012 and officially started working. According to public information, China Rare Earth Industry Association will be established in accordance with the standards of the national first-level industry associations, and is affiliated to the Ministry of Industry and Information Technology. For the functions of the association, the above experts told reporters: "The association will provide rare earth enterprises with production guidance, market research, industry management, intermediary services, trade friction warning, etc., and play a "bridge" between the enterprises and the government and the domestic market. The association can also influence the key issues of the rare earth industry in the form of organization, such as export prices, export quotas, etc. When reporters ask whether the association will be involved in the US, Europe and other countries in March to file a lawsuit against China When the export restrictions were imposed, the above-mentioned experts said: "There is a possibility that the industry association will have a greater chance of doing so. After all, this will reduce the friction between the state and the country and play a buffering role." Where is the rare earth association to be listed? Do you exercise its functions? Some analysts in the industry pointed out that the rare earth industry has indeed made great achievements in the past, but it has also exposed many shortcomings in the industry. “The country has taken many measures for many years, but the results have not been great. For example, the private mining and indiscriminate mining of rare earths are particularly serious when the price of rare earths soars in 2010. The rare earth industry is scattered and chaotic from the 1980s. It started to exist, and now it has become more and more serious without being solved. These will be the problems that the Rare Earth Association will face after its establishment.” Rare Earth Price Returns to the Strategic Value Range China will not give up the current management system in Antaike 2012. At the metal market forecast report meeting, industry experts said that the “strategic value interval” of rare earths is worthy of attention. At present, although the international disputes surrounding rare earths are complicated, China will not give up the current management system. At the meeting, Chen Jiazuo, an analyst at Beijing Antaike Information Development Co., Ltd., after reviewing the performance of the rare earth market in the past few years, said that although the price of rare earth has dropped significantly, China's rare earth industry does not need to be overly anxious. In view of the resource advantages, cost advantages and concentrated advantages of domestic rare earths, production enterprises will be able to achieve sustainable development in economic fluctuations as long as they maintain confidence and cooperate with each other. The price correction will also promote downstream consumption, but due to tight supply and relatively high prices, global rare earth consumption is expected to grow by 6% and China by 10%. He pointed out that the price of rare earth in the period from the end of 2010 to the first quarter of 2011 is the “strategic value interval” of rare earth. If the price can be stabilized in this range, the entire rare earth industry chain will be able to develop more sustainably and healthily, and both upstream and downstream enterprises can relatively smoothly digest the cost. It is worth noting that, according to the latest quotation information, after a continuous decline in the past six months, the current rare earth price has touched the aforementioned “strategic value interval” and has once again rebounded significantly. However, the sustainability of the rebound remains to be seen. “The market is not only a supply side, nor a substitute product. It does not make much sense to increase the price by controlling production and hoarding goods. This can only curb demand and lead to a reduction in consumption scale and intercept the growth potential of the industry.” It is said that rare earth production enterprises should take the mission of intensively developing and utilizing rare earth resources, promoting the application level of rare earths in China, and improving the quality and level of development of related industries. The meeting also mentioned that foreign rare earth output is accelerating and production is gradually expanding. While reducing the pressure on China's rare earth supply and the pressure of trade friction, the international competition situation is becoming more complicated. China will actively respond to WTO litigation, but "will not give up the current management system." With the further deepening of China's rare earth industry restructuring, the number of rare earth enterprises will be greatly reduced in the next 2-3 years. Integration has become the trend of the development of China's rare earth industry. The ability of rare earth manufacturers to regulate product output and regulate prices has become stronger and unchangeable.

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