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The Ministry of Natural Resources issued the 2021 annual rare earth tungsten mining total control index


Release time:

2021-09-15

In order to protect and rationally develop advantageous mineral resources, in accordance with the relevant regulations on the management of protective mining of specific minerals, the Ministry of Natural Resources recently issued the "Notice on the issuance of the total control indicators for rare earth tungsten mining in 2021 (the first batch)" ( hereinafter referred to as the "Notice"). The content of the notice shows that in 2021, the total amount of rare earth and tungsten mining will continue to be controlled, and the total amount of rare earth and tungsten mining in 2021 will be controlled in two batches.

In order to protect and rationally develop advantageous mineral resources, in accordance with the relevant regulations on the management of protective mining of specific minerals, the Ministry of Natural Resources recently issued the "Notice on the issuance of the total control indicators for rare earth tungsten mining in 2021 (the first batch)" ( hereinafter referred to as the "Notice"). The content of the notice shows that in 2021, the total amount of rare earth and tungsten mining will continue to be controlled, and the total amount of rare earth and tungsten mining in 2021 will be controlled in two batches.
The notice pointed out that, first, in 2021, the first batch of rare earth mines (rare earth oxides REO, the same below) in the country will have a total mining control target of 84,000 tons, of which ionic (mainly medium and heavy rare earth) rare earth mines will be 11,490 tons, and rock mines will be 11,490 tons. Type (light) rare earth ore index is 72,510 tons. The first batch of tungsten concentrates (with a tungsten trioxide content of 65%, the same below) has a total control index of 63,000 tons, of which the main mining index is 46,890 tons and the comprehensive utilization index is 16,110 tons. Second, the relevant provincial (autonomous region) natural resource authorities should strictly follow the regulations, do a good job in decomposing and releasing the indicators, and decompose and release the indicators within 20 working days of the issuance of this notice. The total control index of rare earth mining should be centrally issued to the six mining enterprises affiliated to the rare earth group. Third, after decomposing and issuing the total control indicators for rare earth and tungsten mining, the relevant provincial (autonomous region) natural resource authorities should organize the municipal and county-level natural resource authorities where the mine is located to sign a responsibility letter with the mining enterprise, clarifying rights and obligations and liability for breach of contract. Local natural resource departments at all levels should take measures to effectively strengthen the verification and inspection of the implementation of rare earth ore and tungsten ore indicators, and accurately count the actual output of mining enterprises.
Industry experts said that compared with the same period in 2020, the first batch of rare earth mining indicators in 2021 will be increased by 27.28% to 18,000 tons; the first batch of rare earth separation indicators in 2021 will be increased by 27.56% to 17,500 tons, the largest increase in the past three years. , second only to 2018. Different from the past, the first batch of ion ore mining indicators in 2021 will be relaxed again after three years. From 2018 to 2020, the first ion ore mining index is 9,575 tons, and the ion ore mining index in 2021 will increase by 1915 tons to 11,490 tons. , an increase of 20%. At the same time, the mining and separation indicators of the six major groups have increased significantly. In terms of separation indicators, Minmetals Rare Earth has increased by about 20%, Chalco has increased by about 31%, Northern Rare Earth has increased by about 25.5%, and Xiamen Tungsten has increased by about 20%. , Southern Rare Earth increased by about 36.1%, and Guangdong Rare Earth Industry Group increased by about 20%.
Industry insiders believe that the major adjustment of the rare earth control plan is mainly to meet the current increase in downstream demand for rare earth and ease the current tight supply of some major rare earth products. On the other hand, it has a certain stabilizing effect on the current high prices of rare earths. Compared with 2018, after the rare earth prices skyrocketed in 2017, the first batch of rare earth control plans in 2018 was also greatly relaxed, and the rate was the highest in history. (Reporter Zhou Dawei)


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