The Ministry of Finance announced details of import and export tariff adjustments next year. The export tax rate for rare earth metals will increase from 15% to 25%. Other rare earths remain unchanged. The Ministry of Commerce disclosed on the same day that it will release the three principles of rare earth export quota and rare earth export policy as soon as possible. Analysts pointed out that China's rare earth exports will gradually reduce, will not suddenly tighten.
Rare Earth exports will be ordered to reduce the “Hong Kong Commercial Daily†report, the Ministry of Finance website announced the provisional tax rate table shows that, in addition to metal lanthanum, most rare earth products in 2011 unchanged export tax rate. The tax rates for antimony, antimony, and other rare earth metals, antimony, and tellurium are still 25%; the tax rates for antimony oxide, antimony, antimony, and tellurium are 25%; the tax rates for other rare earth oxides are 15%; the temporary export tax rate for rare earth metal ores is maintained at 15%.
Yao Jian, spokesman of the Ministry of Commerce, said on the same day that China will issue rare earth export quotas as soon as possible. On the same day, the Ministry of Commerce issued an online public announcement on rare earth export enterprises in 2011. In addition to the same four circulation enterprises and 18 domestic-funded production enterprises as the first list in 2010, 10 new foreign-funded enterprises were added in 2011, of which 9 The family has passed the audit and there is another one that is "to be reviewed."
The principle of China’s rare earth export policy will be reflected in three aspects. Yao Jian pointed out that the first thing to affirm is that the production and export volume and reserves will be matched in the future; the second is the need for international cooperation to strengthen rare earth mining and environmental protection; at the same time, China is responsible. In the government, the reduction of rare earths is also accompanied by an effective process of providing market supply, and it cannot make the industry excessively affected. Analysts pointed out that the three principles mean that China's rare earth exports will gradually reduce, will not suddenly tighten.
The United States is concerned about Japan’s large purchases. In addition, a report released recently by the US Department of Energy states that unless the sources of rare earths are diversified, the US’s use of rare earths for manufacturing clean energy products will face the risk of major supply disruptions.
The United States and other countries are concerned that China, which controls 97% of the world's rare earth trade volume, may use rare earth as a potential weapon and cut its exports when it comes to disputes with other countries or for the sake of developing its own clean energy technology industry. .
Other media reports said that Japanese companies had previously realized that the Chinese government would increase the export tariffs on rare earth products next year and started purchasing large quantities of rare earth products from last month. An analyst from Asian Metals revealed that after the announcement of China’s resumption of rare earth export to Japan on November 15, mainland buyers received a large amount of 80% min inquiries from Japan. The analyst believes that Japanese companies hope to use this year's final opportunity to import and stock up as much as 80% min. Under the stimulation of massive purchases in Japan, the export price of rare earth products rose sharply in November. By the end of November, almost 90% of rare earth export enterprises had already used up their export quotas and were actively stocking orders as soon as possible.
Rare Earth exports will be ordered to reduce the “Hong Kong Commercial Daily†report, the Ministry of Finance website announced the provisional tax rate table shows that, in addition to metal lanthanum, most rare earth products in 2011 unchanged export tax rate. The tax rates for antimony, antimony, and other rare earth metals, antimony, and tellurium are still 25%; the tax rates for antimony oxide, antimony, antimony, and tellurium are 25%; the tax rates for other rare earth oxides are 15%; the temporary export tax rate for rare earth metal ores is maintained at 15%.
Yao Jian, spokesman of the Ministry of Commerce, said on the same day that China will issue rare earth export quotas as soon as possible. On the same day, the Ministry of Commerce issued an online public announcement on rare earth export enterprises in 2011. In addition to the same four circulation enterprises and 18 domestic-funded production enterprises as the first list in 2010, 10 new foreign-funded enterprises were added in 2011, of which 9 The family has passed the audit and there is another one that is "to be reviewed."
The principle of China’s rare earth export policy will be reflected in three aspects. Yao Jian pointed out that the first thing to affirm is that the production and export volume and reserves will be matched in the future; the second is the need for international cooperation to strengthen rare earth mining and environmental protection; at the same time, China is responsible. In the government, the reduction of rare earths is also accompanied by an effective process of providing market supply, and it cannot make the industry excessively affected. Analysts pointed out that the three principles mean that China's rare earth exports will gradually reduce, will not suddenly tighten.
The United States is concerned about Japan’s large purchases. In addition, a report released recently by the US Department of Energy states that unless the sources of rare earths are diversified, the US’s use of rare earths for manufacturing clean energy products will face the risk of major supply disruptions.
The United States and other countries are concerned that China, which controls 97% of the world's rare earth trade volume, may use rare earth as a potential weapon and cut its exports when it comes to disputes with other countries or for the sake of developing its own clean energy technology industry. .
Other media reports said that Japanese companies had previously realized that the Chinese government would increase the export tariffs on rare earth products next year and started purchasing large quantities of rare earth products from last month. An analyst from Asian Metals revealed that after the announcement of China’s resumption of rare earth export to Japan on November 15, mainland buyers received a large amount of 80% min inquiries from Japan. The analyst believes that Japanese companies hope to use this year's final opportunity to import and stock up as much as 80% min. Under the stimulation of massive purchases in Japan, the export price of rare earth products rose sharply in November. By the end of November, almost 90% of rare earth export enterprises had already used up their export quotas and were actively stocking orders as soon as possible.
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