Ceramic Industry News / Raw and Processed Materials

China Dominates Rare Earth Resources

July 2, 2012
KEYWORDS rare earths
/ Print / Reprints /
ShareMore
/ Text Size+

The world’s rare earth resources are mainly held by China, Australia, Russia, the U.S., Brazil, Canada and India, according to a new report from CCID Consulting. In recent years, large rare earth deposits were also found in Vietnam.

In 2011, China’s rare earth reserve and output stood at 36 million and 120,000 tons, respectively, accounting for 36% and 97% of the world’s total. In contrast, the U.S., Russia, Australia and India held only 13 million, 19 million, 5.4 million and 3.1 million tons, respectively, making up only 13%, 19%, 5.4% and 3% of the world’s total. In addition, the rare earth output of India was 2,700 tons 2% of the world’s total), while the rest of the countries yielded none.

China is substantially lowering its limit of rare earth mining, with a sharp decrease of 25% in 2010 from the previous year. In 2011, the limit stood at 93,800 tons, growing by 5% year-on-year from 89,200 tons in 2010, among which light rare earth and medium-heavy rare earth stood at 80,400 tons and 13,400 tons, respectively. Therefore, CCID Consulting holds that China’s rare earth mining limit will not experience a significant decrease in the next few years.

Strategic investment is a major channel of equity financing in China’s rare earth industry. From 2010 to 2011, 11 strategic financing cases were disclosed, accounting for 73.33% of the total financing cases; nine of them disclosed a total financing amount of RMB 793 million (~ $125 million), making up 50.28% of the total disclosed financing amount.

From 2010 to 2011, 15 equity financing cases were reported by rare earth enterprises in China, mainly located in Jiangxi, Fujian, Guangdong, Guangxi, and other southern areas where rare earths abound. The named four provinces and autonomous regions held 11 of the financing cases, accounting for 73.33% of the total.

For additional information, visit http://en.ccidconsulting.com.

Did you enjoy this article? Click here to subscribe to Ceramic Industry Magazine.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

June 2014 Issue Highlights

Our June 2014 issue is now available!

Podcasts

Manufacturing Day 2014

Manufacturing Day organizers share their insights with Managing Editor Kelsey Seidler.

More Podcasts

Ceramic Industry Magazine

CI September 2014 cover

2014 September

You won't want to miss the CI Top 10, traditionally our most popular article of the year!

Table Of Contents Subscribe

THE CERAMIC INDUSTRY STORE

M:\General Shared\__AEC Store Katie Z\AEC Store\Images\Ceramics Industry\handbook of advanced ceramics.gif
Handbook of Advanced Ceramics Machining

Ceramics, with their unique properties and diverse applications, hold the potential to revolutionize many industries, including automotive and semiconductors.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

Directories

CI Data Book July 2012

Ceramic Industry's Directories including Components, Equipment Digest, Services, Data Book & Buyers Guide, Materials Handbook and much more!

STAY CONNECTED

facebook_40px twitter_40px  youtube_40pxlinkedin_40google+ icon 40px