The world's first rare earth environmental protection pigment project with an investment of 1billion yuan for a long time has been settled in Baotou
it is understood that the project is invested and constructed by Inner Mongolia kalosi rare earth environmental protection Pigment Co., Ltd., mainly to build an annual output of 10000 tons of green environmental protection rare earth pigment industrialization project. Among them, the first phase of the project is to build a production line with an annual output of 500 tons of rare earth sulfide environmental friendly pigments, which is planned to be put into operation in mid June. After the first phase of the project is put into operation, it is estimated that the annual output value of the all aluminum alloy car body frame will be 120million yuan, and the tax paid will be 30million yuan
rare earth market reappearance
"after the 2018 Lunar New Year holiday, the price of rare earth products began to rise. The market quotation of praseodymium and neodymium oxide, a representative product, rose from less than 350000 yuan/ton to nearly 370000 yuan/ton in a week."
rare earth analysts, just after the Spring Festival, downstream enterprises in the rare earth industry began to actively stock up. Although the demand was significantly boosted, the operating rate of rare earth manufacturers was not high, resulting in changes in the market supply and demand environment. The manufacturers hoarded goods and were reluctant to sell, and the bullish mood was obvious
according to the data of business agency, the current market quotation of praseodymium neodymium oxide is around 360000 yuan/ton, with an increase of more than 9.1% in the past seven days, and an increase of more than 20% compared with mid December 2017. In addition, praseodymium oxide and praseodymium neodymium alloys also increased by more than 3% in the past 7 days
"in addition to the changes in market supply and demand after the holiday, this round of rare earth price rise is also a bottoming rebound process after the early price of rare earth products reached the bottom." Chen Ling, an analyst at business news agency, believes that such cooperation is likely to increase the market share of Toray company, and the above problems can be well solved from the end of 2017 to the 20th. In January, 2018, due to the end of the national collection and storage plan before the Spring Festival, and the overall decline in downstream demand near the Spring Festival, the prices of rare earth products continued to fall, and enterprise quotations were relatively small. In mid December 2017, the domestic market price of praseodymium neodymium oxide has been as low as about 280000 yuan/ton