Inner Mongolia Exports Nearly Half of Rare Earth to Japan in H1 2017

Published: Aug 17, 2017 17:14

Save

Among Inner Mongolia’s rare earth exports in H1 2017, Japan was the biggest destination, while exports to Russia registered the biggest growth, and exports to the US and Holland grew sharply.

SHANGHAI, Aug. 17 (SMM) – Among Inner Mongolia’s rare earth exports in H1 2017, Japan was the biggest destination, while exports to Russia registered the biggest growth, and exports to the US and Holland grew sharply.

Inner Mongolia exported 5,029.9 tonnes of rare earth in H1 2017, up 1.3 folds year-on-year, but the average export price plunged 44.2% to 26,000 yuan/tonne.

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

Inner Mongolia rare earth exports Inner Mongolia rare earth exports H1 2017

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

3 hours ago

Critical Metals Secures $30M for Greenland Rare Earth Project Amid Global Supply Chain Shift

Rare earth developer Critical Metals Corp. (Critical Metals) approved $30 million in funding to accelerate development of its Tanbreez rare earth project in Greenland. Tanbreez is one of the world’s largest known rare earth deposits. The company said the funding would be used to advance drilling, infrastructure, engineering design, and mineral processing and metallurgical testing required for production. The move came as the US and its allies were building supply chains for critical minerals essential to electronics, national defense, and clean energy technologies.

3 hours ago

18 hours ago

US Rare Earth Company Partners with Canadian SRC to Build $40M Heavy Rare Earth Metal Facility

US rare earth company REalloys announced that it is partnering with the Saskatchewan Research Council (SRC) of Canada to build a heavy rare earth metal facility. The equipment will be built at SRC’s Saskatoon plant and, after commissioning, relocated to Ohio to supply dysprosium and terbium to clients in the US defense industrial base and to the Defense Logistics Agency’s strategic reserves. The facility will cost $40 million and is expected to produce 30 mt of dysprosium metal and 15 mt of terbium metal annually. Initial operations are targeted for early to mid-2027, with full commercial operations expected from mid-2027 to year-end.

18 hours ago

19 hours ago

Pr-Nd Oxide Prices Recover, Transactions at 802,000-803,000 Yuan/mt; Alloy Prices Stable

This afternoon, quotations for Pr-Nd oxide further recovered, with current mainstream offers from suppliers concentrated in the range of 800,000-805,000 yuan/mt. Some plants disclosed that there had already been a small number of transactions for Pr-Nd oxide in the market at 802,000-803,000 yuan/mt, while the actual transaction price of Pr-Nd alloy was within the range of 990,000-1 million yuan/mt. In contrast, quotations in the medium-heavy rare earth market remained stable, with no significant fluctuations.

19 hours ago