Industry & Market
Industry & Market
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China's Crude Imports From South America and The Caspian Region Increased by 18%
Dec 26, 2012China's crude imports from South America and the Caspian region rose by 18% and 20% year on year respectively in the first eleven months of 2012, according to data released by the General Administration of Customs. The imports from ...
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Edison Opto Focused on Latest LED Productsat Guangzhou International Lighting Exhibition
Dec 26, 2012The world's biggest lighting exhibition—17th Guangzhou International Lighting Exhibition 2012 was held in the China Import and Export Fair Complex,Guangzhou,China from 9 to 12 June,2012.This year,the organizer established an Asian LED ...
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China Is Delivering on Its Promise to Consolidate Its Mining Industry
Dec 26, 2012China is delivering on its promise to consolidate its mining industry with the formation of a new rare earth mega miner. According to a report by Global Times, the “mega-corporation”, named China North Rare Earths (Group) ...
Tags: Asia, China, Rare Earth, USA
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The Mining and Minerals Industry Has Made Major Advances Towards Sustainability
Dec 26, 2012The mining and minerals industry has made major advances towards sustainability, but the sector faces new challenges as governments reassert control over their natural resources, but lack capacity to ensure mining can contribute to ...
Tags: Africa, Asia, Australia, China, Coal, Consultants News, Copper, Diamond
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A Chinese Official Weighed in on The Controversy Surrounding Working Conditions
Dec 26, 2012IDG News Service - A Chinese official on Monday weighed in on the controversy surrounding working conditions at Apple and Samsung's suppliers in the country, stating that certain companies were lacking in "human care" in treating their ...
Tags: Apple, Samsung, working conditions, human care
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China's Top 10 REE Producers Plan to Set up a Trading Platform for Rare Earth Oxides
Dec 26, 2012China's top 10 REE producers are planning to set up a trading platform for rare earth oxides as early as next month. China mines roughly 95% of the world's rare earths and is also the globe's top consumer of the 17 elements used in ...
Tags: China, Rare Earth, Metallurgy
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Molycorp's Mould-Breaking Deal with Neo Material Technologies Sent Its Shares Rocketing
Dec 26, 2012Molycorp's mould-breaking deal with Neo Material Technologies sent its shares rocketing in New York on Friday. By lunchtime the stock was trading at $30.09, up 15.8%, on volumes already close to triple the daily average. The counter is ...
Tags: China, Finance, Molybdenum, Rare Earth, USA
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Apple Dropped out of The Top Five List in China's Smartphone Market for The Third Quarter
Dec 26, 2012Apple dropped out of the top five list in China's smartphone market for the third quarter, as local handset vendors saw their shipments surge from the sales of low-priced smartphone models, according to research firm Canalys. The maker of ...
Tags: Apple, China, smartphone market, third quarter
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Japan Is Set to Commence Imports of Rare Earth Metals for India
Dec 26, 2012Japan is set to commence imports of rare earth metals for India in order to hedge against worsening relations with chief supplier China. The Asahi Shimbun reports that Japan is expected to announce the start of imports from India during a ...
Tags: India, Japan, Rare Earth, Metallurgy
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Japan Requested International Assistance for Alternatives
Dec 26, 2012Japan, the world’s main importer of rare earths, has requested international assistance for alternatives, conservation, diversification and recycling and to continue dialogue with China to secure stable global supply, reports ...
Tags: Asia, China, ENVIRONMENT, Japan, Mongolia, Rare Earth, Rare earth metals
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Discoveries of Rare Earth Minerals at Bottom of The Pacific Ocean Could Break Monopoly
Dec 26, 2012Recent discoveries of rare earth minerals at the bottom of the Pacific Ocean could break China's existing monopoly on supply of the vital raw materials. Katie Hamann reporting for Australia Network News writes that the new discoveries off ...
Tags: China, Japan, Rare Earth, Metallurgy
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Strong Revenue Growth and a Production Ramp-up Failed to Give Molycorp a Boost
Dec 26, 2012Strong revenue growth and a production ramp-up failed to give Molycorp a boost on Friday with the stock falling almost 2% by the close. The Colorado company, in the process of restarting full-scale mining and processing at Mountain Pass ...
Tags: China, Rare Earth, USA, Metallurgy
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Analysts Told Investors to Get Rid off Their Shares in Rare Earths miner Lynas Corporation
Dec 26, 2012On Friday Australian analysts from Foster Stockbroking told investors to get rid off their shares in rare earths miner Lynas Corporation (ASX:LYC), as there is no end in sight for the ongoing problems that have forced the company to halt ...
Tags: Asia, Australia, China, Lynas Corp, Lynas Corporation Ltd., Malaysia
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The Latest Export Data for Rare Earth Oxides Prices Strengthened to $144,000 Per T-REO
Dec 26, 2012Rare earth metals consultants TRU Group said on Monday that recent attempts by Chinese suppliers to stem sharp declines in prices since the third quarter of 2011 is "likely to fail." The consultants held this view "even though the latest ...
Tags: China, Rare Earth, Rare Earths
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Japan and India Have Reached a Basic Agreement to Jointly Develop Rare Earths
Dec 26, 2012Japan and India have reached a basic agreement to jointly develop rare earths, used in the production of several high-tech goods from weapons to cell phones, and supply Tokyo with about 14% of its rare earth needs, reports The Mainichi. ...
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