m******o 发帖数: 542 | 1 Bloomberg
China to Accelerate Exports of Rare-Earth Metals, Japan Says
Nov. 15 (Bloomberg) -- China, the world’s largest producer of rare-earth
metals, intends to speed up exports after delays disrupted supply of the
elements used in Toyota Motor Corp’s hybrid vehicles and turbines made by
Vestas Wind Systems A/S.
“I got the impression that this will be resolved soon,” Japan’s Trade
Minister Akihiro Ohata told reporters on Nov. 13 after meeting his Chinese
counterpart, Zhang Ping, at the Asia-Pacific Economic Cooperation forum in
Yokohama. China has instructed officials to accelerate inspections of rare
earth exports, he said.
Rare-earth prices have surged as much as sevenfold after China in July
reduced its second-half export quota by 72 percent to ensure domestic supply
of the minerals, also used in laptops and cell phone batteries. Chinese
customs have stepped up export inspections to reduce smuggling, which
accounts for 20 percent to 30 percent of China’s total production, the
Chinese Society of Rare Earths said last week.
Zhang, head of China’s National Development and Reform Commission, said
that while the country has about one-third of the world’s rare-earth
deposits, China ships about 97 percent of global supply, risking depletion
in 10 to 15 years.
China’s Ministry of Commerce in September denied imposing a ban on exports
to Japan, the world’s biggest user of rare earth metals. For the full-year,
China cut the export quota by 40 percent to 30,258 tons, according to Chen
Zhanheng the head of research at Chinese Society of Rare Earths.
Companies including Greenwood, Colorado-based Molycorp Inc. plan to restart
and develop mines outside of China to make up the supply shortfall.
Japan’s stockpiles of rare earths may run out as early as March, Agence
France-Presse cited Yoshikatsu Nakayama, vice minister of economy trade and
industry, as saying on Oct. 21.
The disruption of rare earth shipments to Japan came around the same time
that a Chinese fishing boat collided with two Japanese Coast Guard vessels
near islands claimed by both sides in the South China Sea, leading to
speculation that China was reducing exports in retaliation.
China’s Commerce Minister on Oct. 20 pledged to maintain supplies of rare
earths and denied suggestions there was an embargo on shipments.
In a meeting with Chinese President Hu Jintao yesterday at the APEC forum,
Japanese Prime Minister Naoto Kan “conveyed Japan’s firm stance” on the
disputed islands, according to Tetsuro Fukuyama, Japan’s deputy chief
cabinet secretary. | p******u 发帖数: 14642 | 2 我老说得没错吧,不出一个礼拜又会再出一个这类的新闻,老将继续打鸡血一样high | b*******a 发帖数: 675 | 3 出口也没必要停,少卖点卖贵点就行了
【在 m******o 的大作中提到】 : Bloomberg : China to Accelerate Exports of Rare-Earth Metals, Japan Says : Nov. 15 (Bloomberg) -- China, the world’s largest producer of rare-earth : metals, intends to speed up exports after delays disrupted supply of the : elements used in Toyota Motor Corp’s hybrid vehicles and turbines made by : Vestas Wind Systems A/S. : “I got the impression that this will be resolved soon,” Japan’s Trade : Minister Akihiro Ohata told reporters on Nov. 13 after meeting his Chinese : counterpart, Zhang Ping, at the Asia-Pacific Economic Cooperation forum in : Yokohama. China has instructed officials to accelerate inspections of rare
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