China's rare earth directive production plan will continue to shrink in 2009

Recently, at the National Rare Earth Directive Production Planning Conference held in Baotou, after the two consecutive years of production cuts, the forthcoming 2009 National Rare Earth Directive Production Plan will continue to decline, and will continue to reduce the national rare earth mineral products on the basis of the previous year. And planned production of smelting separate products.

It is understood that in order to curb the blind production of rare earth enterprises and protect rare earth resources, the competent departments of China's rare earth industry must formulate a mandatory production plan every year to control the total amount of rare earth mineral products and rare earth smelting and separating products. In 2008, the national rare earth directive production plan was 130,000 tons of mineral products and 117,900 tons of smelting and separating products (all equivalent oxides). Affected by the international financial crisis, China's rare earth production declined in the same year, but due to excess smelting and separation capacity, the output of smelting and separating products exceeded the mandatory plan, reaching 144,000 tons.

According to the production situation of rare earth enterprises in China in 2008, the Ministry of Industry and Information Technology initially drafted the “plate” for the national rare earth production in 2009. According to Wang Caifeng, Director of Metal Materials Division II of the Department of Raw Materials Industry of the Ministry of Industry and Information Technology, at present, the national directive production plan for rare earth mineral products and smelting and separating products has not yet been finalized in 2009, but this plan will not break through the 2008 level. The planned output will also be slightly reduced.

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