Consolidating policies on Chinese rare earth resources
Zhenbin Rao ()
Additional contact information
Zhenbin Rao: University of Science & Technology Beijing
Mineral Economics, 2016, vol. 29, issue 1, No 3, 23-28
Abstract After China lost the WTO case of export management measures on rare earth, tungsten, and molybdenum products, it is imminent to form six large groups to consolidate the country’s rare earth mining and smelting-separation enterprises and to take the comprehensive utilization of rare earth products into a planning management of quantity control. The six groups absolutely control the industry of rare earth mining, smelting, and separation. However, the illegal exploitation, excess production capacity, and smuggling issues still exist; the black industry chain of rare earth impacts the production and price in the market, which damages the environment and industrial policies of the state. After analyzing the rare earth distribution, production, and overseas costs, we found that the low price of Chinese rare earth had great influence on foreign enterprises’ products. The profitable games between Chinese rare earth policies and enterprises interests are the main factors that influence the rare earth market. It is expected that the REE industry will become economically viable only for a few large state-owned enterprises in a rationalization similar to that previously undertaken by China in base metals, steel, and other commodity industries.
Keywords: Rare earth; Market; Consolidate resource; Policy (search for similar items in EconPapers)
References: View complete reference list from CitEc
Citations: View citations in EconPapers (3) Track citations by RSS feed
Downloads: (external link)
http://link.springer.com/10.1007/s13563-016-0081-8 Abstract (text/html)
Access to the full text of the articles in this series is restricted.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:spr:minecn:v:29:y:2016:i:1:d:10.1007_s13563-016-0081-8
Ordering information: This journal article can be ordered from
Access Statistics for this article
Mineral Economics is currently edited by Magnus Ericsson and Patrik Söderholm
More articles in Mineral Economics from Springer, Raw Materials Group (RMG), Luleå University of Technology
Bibliographic data for series maintained by Sonal Shukla ().