What are the rare earth stocks

Rare earth stocks include: northern rare earth, Guangsheng nonferrous, Xiamen tungsten, China color shares, Minmetals development, Sheng and resources, is the sea magnetic material, Yingluohua

Expanded information:

China's rare earth stocks have many of the world's first: 1, reserves accounted for the world's first reserves, especially in the world's first reserves of rare earths.

China's rare earths occupy many of the world's first: 1, reserves accounted for the world's total reserves of the first, especially in the military field has an important significance and a relative shortage of medium-heavy rare earths; 2, the first scale of production, in 2005, China's production of rare earths accounted for 96 percent of the world's first; 3, the first in the world's first exports, China's output of 60 percent of the exports, exports account for 63 percent of the international trade. exports, exports account for more than 63% of international trade, and China is the only country in the world to supply a large number of different grades and varieties of rare earth products.

Currently China is opening its doors to supply the world regardless of cost. According to a report by the National Development and Reform Commission, China's annual production capacity of 200,000 tons of rare earth smelting and separation is more than double the world's annual demand. China's rare earth reserves, however, fell 37 percent between 1996 and 2009, leaving only 27 million tons, according to estimates by relevant organizations. At the current rate of production, the reserves of medium and heavy rare earths will last only 15 to 20 years, and it is possible that they will need to be imported.

China's rare earth development is currently in a situation of unorganized production and competition, China has monopolistic control over rare earth resources, but has no pricing power at all, and rare earth prices have been hovering at a low level for a long time. The blind development of swarming and the poor level of macro-planning, resulting in China has not become a rare earth development of large countries, China's rare earth technology is far behind the developed countries.

Based on the current situation of the industry, in May 2011, the General Office of the State Council issued the "State Council on the promotion of the sustained and healthy development of the rare earth industry a number of opinions," the opinion that one to two years to basically form a large-scale enterprises as the dominant pattern of the rare earth industry. This means that the rare earth industry will usher in the integration of opportunities, can effectively regulate the chaotic situation of the industry, to achieve healthy and sustainable development.

Reference link: rare earth concept stock-Baidu Encyclopedia