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Jiangxi studies out the opinions on the high quality development of rare earths in Taiwan to promote the pull-up of A-share rare earth plate
Jun 28,2019 17:23CST
translation
Source:SMM
Relevant departments of Jiangxi Province are actively studying opinions on promoting the High quality Development of rare Earth Industry in Jiangxi Province
The content below was translated by Tencent automatically for reference.

SMM6, 28 July-it is reported that relevant departments in Jiangxi Province are actively studying opinions on how to promote the high-quality development of the rare earth industry in Jiangxi Province. Next, Jiangxi will cherish the status of rare earths, especially southern ionic rare earths, as strategic resources, and support the Southern rare Earth Group to enhance its control of resources and firmly grasp the initiative and voice of resources. We will continue to build a platform to lead the innovation and development of the national rare earth industry, and build platforms such as the rare Earth functional material Innovation Center and the Tyster New material Test and Evaluation Center. At the same time, in the back-end applications, continue to expand the application of rare earth functional materials and devices and other new materials in the industry.

A shares, stimulated by the news of rare earth permanent magnet plate dynamic pull up, Jinli permanent magnet strong pull up more than 5%, Sinosteel Tianyuan, Galaxy magnets, Huawu shares and other stocks have followed.

According to SMM, some market participants believe that if the Southern rare Earth Group further enhances its grip on ionic rare earth mines, or will play a further role in managing and standardizing the mining of ionic rare earth mines, there will be the possibility of restarting the mining of ionic rare earth mines in southern China in the future. In the case of weak domestic and import supply, it is expected to alleviate the shortage of domestic medium and heavy rare earth mineral resources.

Rare earth spot, according to SMM June 28 quotation, praseodymium oxide neodymium oxide 34-350000 yuan / ton, the average price is 345000 yuan / ton. Neodymium oxide is 34.2-352000 yuan per ton, with an average price of 347000 yuan per ton. The average price of terbium oxide is 480-4.13 million yuan / ton, the average price is 417.5 yuan / ton, the average price of the above varieties has not changed compared with the previous trading day, the average price of dysprosium oxide is 193-1.96 million yuan / ton, the average price is 1.945 million yuan / ton, the average price is 20% lower than that of the previous trading day.

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