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Japanese rare earth applicators accelerate the transfer to China

Japanese manufacturers worried about China's restrictive rare earth export quotas may have found a way to solve their supply concerns and transfer production to China. On the 16th, Reuters reported that Showa electric, a major Japanese rare earth alloy manufacturer, recently announced that the output of its Chinese joint venture would increase by 50% to 3000 tons per year; Hitachi metal also began to consider transferring neodymium magnet production to China and the United States. The market expects that no other country except China will supply rare earths significantly before 2013, so Showa electric and Hitachi Metals may indicate the beginning of a large number of technology manufacturers moving out of Japan. In this regard, Wang Guozhen, former vice president of China Nonferrous Engineering Design and Research Institute, said yesterday, "if Japan can exchange high-end magnetic material production technology, it is welcome for Japan to transfer rare earth downstream application product manufacturers to China." China's rare earth reserves account for about 35% of the world's total. However, the downstream application technology of rare earth in China has been at the middle and low-end level. Yesterday, Lu Ming, a rare earth analyst at Baichuan information, said that Japan's move was mainly due to the rich rare earth resources in China, including medium and heavy rare earth rare earth rare earth rare earth rare earth in other countries. The main raw materials of magnetic materials are praseodymium, neodymium and some medium and heavy rare earth elements in order to meet the dual requirements of automobile lightweight and safety development. Rare earth magnets are mainly used in hybrid electric vehicles and electric vehicles. Wang Guozhen said that Japan's magnetic material production technology is leading in the world, and it will digest most of the rare earth output from China every year, especially the medium and heavy rare earth, because high-end magnetic materials need to add medium and heavy rare earth elements, such as terbium, dysprosium and other elements, which China is currently strengthening regulation and control. "China is targeting the valuable technology introduced by foreign capital to obtain rare earth resources and joint ventures with Chinese enterprises." Reuters quoted an executive of a Japanese trading company as saying, "it is clear that the technology of producing high-end magnets in Japan is a goal." For example, there are only three Japanese companies producing precision magnets for hybrid vehicles. However, the effect of China's attempts to trade resources for technology over the years is not obvious. "If they just ask electricians to check and troubleshoot the low-end technology, China will definitely not do it." Wang Guozhen said. In contrast to Japan's exploration to transfer the downstream production of rare earth, this will help promote product innovation and provide strong support for the development of smaller equipment utilization fields. Australia's plan to transfer the smelting separation of rare earth upstream has been temporarily stranded. According to people 16, the Malaysian government decided to suspend the plan of Australian Linus to build the world's largest rare earth smelter in Malaysia due to the controversy over the environmental protection AK that can be used to evaluate the toughness and brittleness of materials. The rare earth plant is planned to have an annual capacity of 22000 tons, which can meet about 1/3 of the global demand. Wang Guozhen said that due to environmental protection restrictions in Australia, although Australia is rich in rare earth resources (mainly light rare earth), the construction of rare earth smelting and separation plants in China is prohibited