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Japan-US Joint Development of Rare-earth Alternatives
- By Himfr Tian
- Published 01/21/2012
- Business Management
- Unrated
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Recently, the "rare earth" becomes in the highest exposure among Japanese media reported the words. A few days ago, the U.S. and Japanese government decided to establish high-level consultations on energy resources, mechanisms to ensure the production of hybrid, high-tech products, stable supply of rare earth required. The two sides are expected to start in the transaction level consultations during the year. Reported that the two governments is more important purpose of this move is intended to guard against the export of rare earth in China risk a sudden halt.
High-level consultation mechanism established
Japan and the U.S. in this mechanism, funded by the United States, Japanese companies around the rare earth mines, joint development of rare earth resources, discuss issues such as alternative materials. Japan plans by the Ministry of Foreign Affairs and the Ministry of Economy minister to participate in the consultations, the U.S. State Department and the Department of Energy will be the vice-ministerial officials. The two countries have established such a mechanism, explained that the Japanese media, Japan and the U.S. government from "energy security" point of view, the need to further deepen cooperation.
Rare earth industry "gold", which is essential for many sophisticated industrial raw materials. Japan and the United States is the most important needs of rare earth resources in the country, is the common aspiration of the scramble for resources in the earth between the two countries stood together on the issue. In fact, the problem in Japan and the U.S. to discuss the establishment of rare earth high-level consultation mechanism, the Japanese had already started in the world looking for the rare earth. Not long ago, Indian Prime Minister Manmohan Singh's visit, Japan and India have confirmed that a number of cooperation in the rare-earth aspects.
Although both Japan and India agreed on joint development of rare earth, but the actual effect is to be considered. Because both
the rare earth reserves or production, the Indian share of the total in the world are limited, and its reserves account for only about 3% of total world reserves, production accounts for only about 2.2% of world production can not fully meet the Japan RE needs.
It was also reported last month, Australia announced that Linus earth with a major Japanese customer has signed large single-supply agreement. The message also said the Lynas Corporation and the United States the only rare earth mining company Molycorp all hope "to break the RE market is almost monopolized by the Chinese situation", and a rare earth buyers "lifeline."
Both advantages and disadvantages between the two countries together
China limits the outside face of rumors of rare earth export in China, management of the most chaotic time, some countries a lot of rare earth in China cheap to buy, there is still a lot of reserves, they know it. China's rare earth production accounts for a large proportion of the world, China has not blocked, it will not block these scarce resources. Rare Earth Industry in China to maintain sustainable development, not only to meet world needs to take care of their needs, not only based on the current, but also to long-term perspective.
For the Japan-US negotiations on the issue of rare earth high-level consultation mechanism established, there is public opinion, Japan and the U.S. grabbed hold of the causes of rare earth problem is by means of the cooperation of other countries to suppress China's rare-earth policy, while political pressure through international further pressure on China to set off a trade war with China.
In addition, some analysts pointed out that Japan and the U.S. attempt to establish such a mechanism is not necessarily a bad thing in China. If Japan and the U.S. supply of the rare earth really open up a new way on, then the improvement of China to the world of rare earth is also a certain imbalance in the supply of benefits. As to whether the initiatives in some countries against China, to politicize the issue, then it is another matter. In this regard, we need to do based on their long-term development considerations.
High-level consultation mechanism established
Japan and the U.S. in this mechanism, funded by the United States, Japanese companies around the rare earth mines, joint development of rare earth resources, discuss issues such as alternative materials. Japan plans by the Ministry of Foreign Affairs and the Ministry of Economy minister to participate in the consultations, the U.S. State Department and the Department of Energy will be the vice-ministerial officials. The two countries have established such a mechanism, explained that the Japanese media, Japan and the U.S. government from "energy security" point of view, the need to further deepen cooperation.
Rare earth industry "gold", which is essential for many sophisticated industrial raw materials. Japan and the United States is the most important needs of rare earth resources in the country, is the common aspiration of the scramble for resources in the earth between the two countries stood together on the issue. In fact, the problem in Japan and the U.S. to discuss the establishment of rare earth high-level consultation mechanism, the Japanese had already started in the world looking for the rare earth. Not long ago, Indian Prime Minister Manmohan Singh's visit, Japan and India have confirmed that a number of cooperation in the rare-earth aspects.
Although both Japan and India agreed on joint development of rare earth, but the actual effect is to be considered. Because both
It was also reported last month, Australia announced that Linus earth with a major Japanese customer has signed large single-supply agreement. The message also said the Lynas Corporation and the United States the only rare earth mining company Molycorp all hope "to break the RE market is almost monopolized by the Chinese situation", and a rare earth buyers "lifeline."
Both advantages and disadvantages between the two countries together
China limits the outside face of rumors of rare earth export in China, management of the most chaotic time, some countries a lot of rare earth in China cheap to buy, there is still a lot of reserves, they know it. China's rare earth production accounts for a large proportion of the world, China has not blocked, it will not block these scarce resources. Rare Earth Industry in China to maintain sustainable development, not only to meet world needs to take care of their needs, not only based on the current, but also to long-term perspective.
For the Japan-US negotiations on the issue of rare earth high-level consultation mechanism established, there is public opinion, Japan and the U.S. grabbed hold of the causes of rare earth problem is by means of the cooperation of other countries to suppress China's rare-earth policy, while political pressure through international further pressure on China to set off a trade war with China.
In addition, some analysts pointed out that Japan and the U.S. attempt to establish such a mechanism is not necessarily a bad thing in China. If Japan and the U.S. supply of the rare earth really open up a new way on, then the improvement of China to the world of rare earth is also a certain imbalance in the supply of benefits. As to whether the initiatives in some countries against China, to politicize the issue, then it is another matter. In this regard, we need to do based on their long-term development considerations.
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