China's protection policy for rare earths has once again been overweighted. On the basis of continued quantitative collection, China will uniformly raise the standard for rare earth ore resources tax amounts from the beginning of next month, and its tax rate will be raised or surpassed by a factor of 100.
On March 24th, it was learned from the website of the State Administration of Taxation that the Ministry of Finance and the State Administration of Taxation had recently decided that, starting from April 1, 2011, the standard for the amount of rare earth mineral resources tax should be uniformly adjusted. After adjustment, medium- and heavy-earth rare earths, such as yttrium ore, ion-type rare earth ore, were 30 yuan/ton, while light rare earths including cesium ore and monazite were raised to 60 yuan/ton.
According to the Detailed Rules for the Implementation of the Provisional Regulations of the People's Republic of China on Resource Tax and the attached “Detailed List of Taxes and Taxes on Resources and Taxes,†the rare earth metal ore belongs to the list of “Other Non-ferrous Metal ores†tariff items, and the current value should be “0.40~3.00 Yuan/ton. "Pay resource tax.
SMEs confined to rare earth resources or concentrated in large companies
In fact, as early as December 14 last year, the Ministry of Finance announced that from January 1, 2011, it will increase the export tariffs on individual rare earth products.
Although the rare earth industry has frequently implemented the "significant code" in the past, the phenomenon of indiscriminate exploitation and rare earth smuggling has not yet been resolved. At present, the actual reserves of rare earths in China are already less than 30% of the world's total.
Guoyuan Securities rare earth analysts said that "the state to raise the tax standard will increase the mining costs of rare earth enterprises, which facilitate the further concentration of rare earth resources, especially the supply of resources for some large and medium-sized enterprises can be guaranteed."
"This tax is still relatively high and will certainly have an impact. When the tax increases, it will increase the cost of mining for enterprises, and some small and medium-sized enterprises will not be able to afford it." On March 24, Baotou, a senior person who has long been engaged in rare earth, said .
An insider of a rare earth separation company in Zhangzhou expresses different opinions. “The impact of adding this tax is still limited. After all, compared with the increase in tax, the price of ore is rising faster. For example, Northern Mine (light rare earth) is now 40,000~50,000/ton. South Mine (heavy rare earth) is now 200,000 to 210,000/ton, and the price of ore has risen four times in less than a year.†And for the next rare earth price trend, he said the price will continue to rise.
Increase the pricing power Rare earth giant crocodile layout deep processing field
Thanks to the continuous soaring prices of rare earth metals in the previous period, in the first two months of this year, although China's rare earth exports were basically the same as in previous years, but the export value has increased by nearly 6 times. However, the Secretary-General of the Chinese Society of Rare Earths Lin Donglu said in an interview with a reporter from the “Daily Economic News†on March 23. “Now I cannot completely say that China has mastered the right to speak rare earths, but the government is reorganizing and controlling rare earth resources to make the market The amount of rare earth is decreasing."
On March 24, rare earth analysts interviewed by reporters said that the right to speak should be reflected at the level of large enterprises. “Only after the development of relatively large domestic enterprises can we master the pricing power.†Fortunately, the current domestic involvement in rare earths Large companies have already taken action in this area.
The General Administration of Customs recently released data showing that the actual export volume of China's rare earth in the first two months of this year was basically the same as that of the same period of last year, which was only 0.3% higher than the same period last year to 7,084 tons. However, the export volume of China's rare earth ores and metals increased over the same period of last year. 568% to 314.3 million U.S. dollars.
Taking metal columbine as an example, according to Song Zhichao, a rare metals analyst at Business Club, the price of cockroach was RMB 340,000/ton on January 4 and rose to RMB 650,000/ton by March 23, up 91.2%; In the same period, the price of this species was only 215,000 yuan, which also means a year-on-year increase of 202.3%.
Compared to the previous tragic situation of rare earth sell-off, the lack of discourse power in China's rare earths is gradually improving. “Although the increase in prices does not rule out the factors of artificial hoarding and speculation, to a certain extent, China already has a certain ability to control the rare earth market.†Vice President of Lizhou Huajing Rare Earth New Material Co., Ltd. said.
It is worth noting that to make China's rare earth industry bigger and stronger to grasp its right to speak, can not only be satisfied with the rise of rare earth prices, nor rely on the re-centralized allocation of resources by domestic advantageous enterprises, but also in the field of rare earth deep processing breakthrough.
Song Zhichao believes that one cannot simply think that the high price of rare earths has the right to speak. The right to speak is reflected at the level of large-scale enterprises. “Only when domestic relatively large enterprises develop can we grasp the pricing power.â€
At present, Jiangbei Group, China Minmetals Group, Baotou Steel Rare Earth, China Aluminum and other rare earth industry giants have begun to focus on this aspect. It is understood that after signing the "Strategic Cooperation Agreement on the Exploration and Exploitation of Mineral Resources in Heyuan City," China Minmetals Group's mineral resources exploration and exploration in Heyuan will enter a substantive stage.
Gasoline Water Pump,Diesel Water Pump,Gasoline Engine,Submersible Water Pump
Raygong Electrical Machinery Co., Ltd. , http://www.fagenerator.com