Rare earth is indispensable in the production of hybrid vehicles and other fields
American molybdenum Corporation (through efficient cooperation with domestic peers, ycorpinc. announced on August 27 that it would officially start the production of heavy rare earths. Rare earths are indispensable in the production of hybrid vehicles and other fields, among which heavy rare earths are more expensive. Molybdenum mining companies will concentrate the heavy rare earths produced in the United States and send them to China's factories that do not coincide with the main needle for smelting and separation. Rare earths are indispensable in the production of hybrid vehicles and other fields
American molybdenum Corporation (molycorpinc. announced on August 27 that it will officially start the production of heavy rare earths. Rare earths are indispensable in the production of hybrid vehicles and other fields, among which heavy rare earths are more expensive. After concentrating the heavy rare earths produced in the United States, the molybdenum mining company will slowly apply load on both ends of the sample with a tensile testing machine and send them to its own factory in China for smelting and separation. It plans to build heavy rare earths in the United States or Estonia, where its subsidiary is located, next year Earth separation smelting plant. To meet the needs of Japanese enterprises and other customers who want to diversify rare earth procurement channels
American molybdenum mining company has begun to produce heavy rare earth concentrate concentrate at the mountain pass mine in Southern California. Concentrate will be transported to the factory of the Canadian rare earth processing enterprise acquired by molybdenum mining company in June this year in Jiangsu, China, and processed into about 13 kinds of heavy rare earths, such as dysprosium and terbium. Molybdenum mining company hopes to improve the purity of heavy rare earth to meet the needs of users in Japan and other countries
after the completion of the currently promoted production increase investment, the annual output of heavy rare earth concentrate in the mountain pass mine will reach more than 400 tons due to the different structure and design of the universal experimental machine. At present, the supply plan of dysprosium and other heavy rare earths, which are particularly needed by Japanese enterprises, has not been announced
Dysprosium is an essential element of high-performance magnets used in the production of hybrid cars and energy-saving household appliances. Now the market is almost monopolized by Chinese enterprises. In the situation of the Chinese government strengthening export restrictions, the demander is very worried about whether it can ensure stable procurementAmerican molybdenum mining company plans to introduce heavy rare earth smelting and separation equipment in the mountain pass mine, relevant plants in Arizona or Estonian subsidiaries next year. It is also planned to strengthen the business of recycling heavy rare earths from waste magnets and fluorescent lamps in order to achieve stable supply
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