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The first quarter of this year, the rare-earth high price decline in related companies net profit is also affected. According to statistics, in the first quarter of this year, a total of 15 of the 25 rare earth permanent magnet company net profit fell last year's annual report, only nine companies profit fell. It also reflects the core profitability of the rare earth industry, raw material price changes affect the larger reality.

It is worth noting that in the first quarter of 2012 Rare-Earth (600,111) net profit increased by 149.44% more than 114.23% increase in the prices of rare earth oxides over the same period. TX Investment Because of its rich rare earth resources, the company's Rare Earth Functional Materials products with unmatched cost advantage; the same time, the expansion of the Baotou Steel Rare Earth Rare Earth Functional Materials business, is the 2012 one-quarter increase in net profit an important factor over the same period of rare earth oxides prices rose.

In fact, many companies see the huge profits brought about by the expansion of the field of deep processing of rare earth, and begin transition to the field of deep processing.

In July last year, jointly established by the Aluminum Corporation of China, Guangxi Nonferrous Metals Group Co., Ltd., and have research Rare Earth New Materials Co., Ltd. in aluminum colored Guangxi Rare Earth Development Co., Ltd. established in Nanning unveiled its mission is to act as the whole industry chain requirements downstream of the rare earth products in Guangxi. Subsequently, the management company of Chinalco's rare Rare Earth Co., Ltd. announced that Solvay's Rhodia signed a strategic cooperation letter of intent. Rhodia Rare Earth Division is committed to the development and manufacture of advanced applications of materials based on rare earth elements product. This is an important measure of aluminum in the layout of the field of rare earth, rare earth industrial chain extension.

The end of last year, Minmetals Rare Earth to start the construction of the Ganghwa industrial projects. In accordance with project planning, before the end of December 2013, will invest 2.08 billion yuan to develop rare earth deep-processing and application of industrial chain; after 2013, and then timely to add a new application of rare earth deep-processing project, carefully create billions of rare earth industrial park.

In January of this year, colored disclosure the company intends to overweight rare earth deep-processing program. The company intends to co-operation with Beijing wai rare earth new materials and Xin River, Dayu County Industry and Trade Company, jointly set up Rising Walter rare earth new materials to compensate for the weak in the field of rare earth deep processing this short board.

However, large enterprises take the lead, and can not cover up the technological backwardness of China's rare earth deep-processing industry, a strong R & D capability is not flawed.

Assistant to the president of China Minmetals, Wang Jionghui had said in an interview: "In the past, we are selling the raw materials, do not pay attention to the back-end applications. A dollar of rare earth raw materials, roughing up selling 10 yuan, 20 yuan, to Europe and the United States to do into products, we have to spend 1,000 yuan to buy back. "

The Wang Jionghui then reflects the huge gap between the domestic rare earth deep-processing industry with international counterparts, and also reflects China's rare earth industry is still mainly rely on the sale of resources to profitable status quo. Similar to the auto industry, new energy industry and other fields, a large number of rare earth enterprises only have some low-end technology, the core technology of high-end foreign monopoly.

Insiders commented on the current status quo of the domestic rare earth industry: China's rare earth ore mining technology can be said that the class separation technology is first rate, but the core technology of the end applications, but almost all rests in the hands of foreigners.

"We started too late." Luqi Hui, the Zhengda Cixi City Magnetic Material Co., Ltd. is responsible for people, told the China Securities Journal reporter, "There are some techniques, but these technologies have already been registered by foreign companies patent, our technology is also not been widely used. "light-emitting materials, for example, the world of patented inventions of 2480 a number of luminescent materials, less than 1% of the patented invention.

Foreign enterprises with high-end technology, nature would have on domestic enterprises to set up technical barriers. "Very high prices of some rare earth deep-processing required for high-end equipment, domestic enterprises is difficult to afford the international community has a state-of-the-art technology of rare earth deep-processing enterprise not these devices will be sold to Chinese enterprises, they are very afraid of the Chinese enterprises to master these state-of-the-art technology. "Luqi Hui told the China Securities Journal reporter.

According to its introduction, the domestic rare earth enterprises to use equipment and more are quite outdated, the processing level of the deep-processing enterprises in the low-end level. Domestic rare earth deep processing level and indeed foreign companies have a big gap, even if some companies have a high-end technology, often can not get the trust of the international buyers, they may be more to trust the experienced Japanese companies. "

关键词："Cerium Zirconlum Catalysts""Cerium Zirconlum Mixed Oxide"