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The following article was published in our article directory on October 18, 2010.
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Japan's Large Reserves of Rare Earth in China

Article Category: Business

Author Name: Amanda xzh

Japanese Ambassador to China recently called the United States, Britain, Germany, France and Korea ambassador to China, said China's rare earth export regulation "problem" in an attempt to China in these countries combined to put pressure on China to relax restrictions on exports of rare earth. China's Ministry of Commerce spokesman, said Oct. 15 that China rare earth mining, production, processing and management measures adopted by the export sector is in line with international norms and WTO rules, China will not be blocked as a means of rare earth export.

Earlier, Premier Wen Jiabao during his visit to Europe has made clear that China needs to be managed and controlled on the earth, but also to take care of the needs of the world, not the earth as a bargaining tool. This year, the Ministry of Commerce of the two groups of rare earth export quota of general trade totaled 24,281 tons, exports continued to hold the world.

RE is a scarce resource and non-renewable resources, cutting-edge industry and defense industry needed raw materials. China's current accounts for 30% of the world supply of rare earth reserves of more than 90% of global demand in the long term unsustainable. More importantly, due to some problems in China Rare Earth Industry, the rare earth long period of low export situation. The early development and utilization of rare earth in China led to a large number of environmental problems, the urgent need standardization of rare earth industry. In recent years the Chinese government to maintain the sustainable development of rare earth, rare earth production and exports strengthen the management and control, this is not unreasonable, is entirely within the sovereignty of a country's affairs.

RE is not only an important economic resource, the more important strategic resource, this country is very clear. This year in July, U.S. energy policy analyst Mark Huntover Reese submitted to Congress, "REE: the global supply chain," the report revealed that China, the United States, Russia, Australia, the world's rare earth reserves accounted for 36%, 13% 19% and 5.5%, but the Chinese rare earth production accounts for 97% of world output, the output of the other three countries are zero! These countries will own rare earth resources, "hiding" it, using mostly low-priced imports from China Rare Earth, and its purpose is not self-evident. Needless to say, there are still a considerable number of countries to buy rare earth resources, not for immediate use, but to reserve.

Japan is a major user of rare earth, almost no domestic rare earth ore. Statistics show that of Japan in the past 10 years the purchase of a large number of high-quality low-priced Chinese rare earth, and to reserve. According to expert analysis, sufficient reserves of rare earth in Japan to spend several decades. Japan's trade minister said recently that large Tian Zhang Hong exports of rare earths from China to Japan "not restored to normal level", if he was referring to past cases that a large number of disorder cheap exports, then this normal will never happen again .

Each country has the right to reasonable use of their resources. China has long had the world at low cost a large number of rare earth products, it is time to take better account of the development of China's rare earth industry. China recently under domestic laws and regulations on the rare earth industry to take the necessary management and limitations, its core purpose is to protect the environment and achieve sustainable development. This is not only responsible for China's development is also responsible for the development of the world.

Keywords: Glacial Acetic Acid, Phoshoric Acid, sodium tripolyphosphate,

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