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Rare earth ferroalloy into export quota license management
Time:05/20/2011
Rare earth ferroalloy into export quota license management

Ministry of Commerce and General Administration of Customs jointly issued a notice today that on May 20 onwards, the rare earth alloy into rare earth export quota license management.
This means that the rare earth alloy products will be included in policy monitoring.

Tighter export control of rare earth

According to the announcement, since 20 May, 2011 onwards, the number is 7202999100 customs commodity "other rare earth elements by weight of the total content of> 10% of the ferroalloy" into the rare earth export quota license management.

Insiders pointed out that the Customs for the first time separate tariff lines for rare-earth iron alloy, rare earth alloy into license management and that further tightening of rare earth export policy.

Foreign Trade Division, Ministry of Commerce said that the scarcity of rare earth is non-renewable resources, and mining and processing of very serious damage to the environment. Can be based on protecting the environment and the exhaustion of resources, the Chinese government on the rare earth extraction, production and export of all aspects of management measures are implemented. Among them, the implementation of primary products of rare earth export quota license management. Dy alloy, terbium alloy products such as rare earth alloy, rare earth content is high, management will be integrated into the overall framework of the earth to be effectively managed, in close cooperation conducive to integrated management of rare-earth policy, the exhaustion of resources and the environment can be more effectively protected. China will be based on international rules, on the rare earth production, processing and export of the implementation of effective management, and maintain healthy and sustainable development of rare earth industry, for the international market, contribute to the stability of rare earth.

Containing rare earth entrainment exit

Rare earth alloy is a combination of rare earth elements with iron, after the export quota restrictions for not becoming the smuggling of rare earth "favorite." Not the same as for use of rare earth alloy, rare earth content is also different. Among them, dysprosium iron, gadolinium iron additives are NdFeB, rare earth elements with high purity. Countries to reduce the quota from the earth, more and more foreign investment has increased in areas rich in mineral resources of rare earth invest and set up the intensity.

In early 2011 the State Council work meeting held in the Chinese Society of Rare Earths, China Minmetals China Steel Chemicals Import and Export Chamber of Commerce and other agencies on behalf of the Society for the acquisition of foreign companies to conduct research in China found that rare earth processing enterprises, processing enterprises, foreign acquisitions of Chinese rare-earth purpose, by This access to cheaper purchase price of rare earth in China and more relaxed to buy quota, and the acquisition of these low-cost use of the state to encourage exports of rare earth alloy steel and other base metal alloys such as the carrier entrainment smuggled out of Chinese territory, the low end of the earth alloy after leaving the purification process, you can get ten times earnings.

In addition, some companies will use rare earth alloy steel entrainment country. China Minerals and Chemicals Association said earlier that the relevant parties, usually do have a steel alloy of rare earth should be added, but the ratio should add 20% to 30%. Those of rare earth raw materials in order to disguise smuggled out of Chinese territory of enterprises, often choose to add the amount of increase of rare earth, and this ratio is sometimes referred to 70-80%. Increase the proportion obtained by adding the so-called steel alloy, in fact, is no longer the original sense of the steel alloy, the academic definition of more than 70% with rare earth alloy steel iron should in fact be more appropriately referred to as Di, its industrial value and economic value are had more than ordinary steel alloy.