Free press releases distribution network?

Agency / Source: ResearchInChina

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



ResearchinChina.com Publishes China Rare Earth 2010-2011 Industry Report - ResearchInChina, the vertical portal for Chinese business intelligence, announces the release of a new report –China Rare Earth Industry Report, 2010-2011
ResearchinChina.com Publishes China Rare Earth 2010-2011 Industry Report

 

PRZOOM - /newswire/ - Beijing, China, 2011/09/23 - ResearchInChina, the vertical portal for Chinese business intelligence, announces the release of a new report –China Rare Earth Industry Report, 2010-2011.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Mining/Metal/Mineral Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The prices of rare earth have skyrocketed since 2010. For instance, the spot market price of europium oxide in China hit the historic high of RMB25,000/kg on Jun. 17, 2011, with a 739% increase against the beginning of the year 2011. As China is tightening the policies on rare earth production and major overseas rare earth mines haven’t been put into production, the global rare earth supply shortage will continue in 2011.

Currently, among key rare earth mines overseas, Mountain Pass in the United States and Mt. Weld in Australia are the only two mines with specific exploiting plans released and will officially start operation in 2012 at the earliest, with an optimistic estimated rare earth capacity of 30 thousand tons in total. As for Nechalacho, Hoidas Lake and other mines, they will be put into production after 2013.

In 2010, the actual rare earth output approximated 120 thousand tons in China, a slight decline compared to 2009. The integration of rare earth industry in the main producing areas including Inner Mongolia and Jiangxi province has been accelerated. For instance, rare earth resources in Inner Mongolia will be monopolized by Inner Mongolia Baotou Steel Rare-earth (Group) High-Tech; major rare earth mines in Ganzhou (Jiangxi province) have stopped production for consolidation. It is expected that the disordered situation of rare earth production in China will be significantly improved in 2011. In the next few years, the output of rare earth will remain steady with a slight decline in China.

In 2010, being affected by the continued price increase of rare earth products, the operating performance of major enterprises in the upstream industry of rare earth was significantly improved, with their operating incomes soared vigorously. Take Inner Mongolia Baotou Steel Rare-earth for instance, in 2010, its REO output only raised 8.3% YoY, whereas, the operating income and net income sharply increased 102.8% and 1241.1% YoY respectively.

The skyrocketing prices of rare earth materials have put costs pressure on the downstream rare earth deep processing enterprises in China. Downstream industries such as rare earth permanent magnet material and rare earth luminescent material are faced with product restructuring. In the meantime, industry investment has switched to high value-added product projects. For instance, in 2011, Beijing Zhong Ke San Huan High-Tech Co., Ltd., the largest producer of rare earth permanent magnet materials in China, has aimed all its fund-raising projects at the application fields of high-end NdFeB rare earth permanent magnet materials, including new energy vehicle, energy-efficient home appliance, and wind power.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Mining/Metal/Mineral Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: ResearchInChina

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Mining/Metal/Mineral articles,
CATCH Visitors via Your Competitors Announcements!


ResearchinChina.com Publishes China Rare Earth 2010-2011 Industry Report

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: ResearchinChina.com 
+86 10 82600893 report[.]researchinchina.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any ResearchInChina securities in any jurisdiction including any other companies listed or named in this release.

Mining/Metal/Mineral via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From ResearchInChina / Company Profile


Read Mining/Metal/Mineral Most Recent Related Press Releases:

Boliden Selects Metso to Supply Equipment for A New Surface Crushing Station to Aitik Copper Mine in Sweden
Metso's Upgraded PlantTriage Software Simplifies Real-time Performance Management and Strengthens Cybersecurity
Metso Supplies Key Minerals Processing Equipment to Tibet Julong Copper for One of the Largest Greenfield Copper Projects in the World
Metso's Reliable Neles BWX Butterfly Valve Meets Requirements of Various Process Industries
Metso Introduces Integrated Approach for In-the-pit Operations
Metso Introduces Advanced Solutions for Fine Classification in Wet Minerals Processing
Rockwell Automation Outlines Steps for Achieving a Connected Mine
Metso Signs Landmark Deal with the World's Largest Copper Miner Codelco in Chile
Metso to Continue the Exclusive Lokotrack Distributor Agreement with Garriock Bros in the UK
Steel Dynamics, Inc. Wins Metals Company of the Year - Platts Global Metals Awards

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  Triggr & Bloom

Visit  BizJobs.com

Visit  JobsWare.com







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today