The Ministry of Industry and Information Technology talks about why rare earths are only sold at unearthed prices: caused by vicious competition

"Comprehensive strength has been further strengthened, new progress has been made in the pioneering and innovation of key areas, development momentum has continued to increase, and the development environment has continued to be optimized, providing strong support for the promotion of the stable and healthy development of the real economy and the entire national economy.

He gave a set of figures: my country's industrial added value increased from 23.

Vicious competition causes rare earths to be sold only at "land" prices

In January of this year, the Ministry of Industry and Information Technology issued a draft of the Rare Earth Management Regulations for soliciting opinions, which triggered heated discussions and Xiao Yaqing responded.

Specifically, the promulgation of the regulations is mainly based on four considerations:

First, China is a large rare earth country with the largest amount of resources and exports.

Second, some rare earth production companies do have environmental problems, and the local people have expressed strong reactions;

Third, there are disorderly mining and resource waste.

Fourth, the low-level development of rare earths repeats very much, and the high-level rare earth products are indeed relatively few, which is not conducive to technological innovation and technological progress.

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