[Rare Earth] Inner Mongolia Rare Earth Export Volume Soar Jan.-May, But Export Prices Tumble

Recently, the Development and Reform Commission of Inner Mongolia Autonomous Region, in conjunction with the Industry and Information Technology Bureau and the Energy Bureau, drafted the Several Measures for Ensuring Energy Consumption Control Targets in the "14th Five-Year Plan" (draft for comments). 

Several silicon producers in Bayan Nur city in Inner Mongolia have switched their production capacity to produce ferrosilicon due to a surge in ferrosilicon price earlier this month.

SMM expects the electricity rationing in Inner Mongolia would see its monthly high-grade nickel pig iron production hit by 10-15%, translating to 380-570 mt of nickel metal.

Inner Mongolia has imposed an upper limit on raw coal output during 2016-2020.

The government of Inner Mongolia has decided to implement new power tariff pricing mechanism for new aluminum projects, which is based on aluminum prices in Shanghai spot market, SMM learned.

Rare earth exports by Inner Mongolia’s Baotou grew significantly in January.

Inner Mongolia’s rare earth export volumes surged January-August, but export value dropped, www.tibetinfor.com.cn reported.

Fujian’s rare earth exports hit an all-time high in July and soared 63.7% January-July as removal of export tariff from May 1 fueled overseas de

China’s rare earth exports are expected to maintain robust growth momentum in the future, as lower domestic price and removal of export duty will continue to offer incentive.

China’s rare earth exports rose 22.96% month-on-month to 3,219 tonnes in June, customs data showed.