[Rare earths, tungsten, molybdenum and indium] China's use of tariff adjustment lever rare metals exports

The Chinese government is frequently used tariff lever to improve Tungsten, rare earth, molybdenum, and other rare metals export products threshold, to curb domestic exports malformation disorder, the protection of these strategic resources are not over-rapid consumption.
Since June 1, the Tariff Commission, the State Council decided to tungsten, Molybdenum and other domestic rare earth metal ore scarcity of products to export 15% of the provisional tariffs; on rare earth, dysprosium oxide, Tb4O7 products export levy of 10% of the preliminary tariffs; of molybdenum oxide, ammonium molybdate, Molybdate the introduction of products such as 5-15% of export tariffs. And in the 1980s and 1990s, China's export of rare metals implementation of the export tax rebate tariff policy. State Council Tariff Commission, the Advisory Committee Tunrongqiang experts said that the abolition of all rare earth and tungsten. Molybdenum and other rare metals export rebate to the ever-increasing export tariffs, These changes show the Chinese government's export control policy of rare metals accelerated pace. Tunrongqiang is on the 27th at Nanchang in Jiangxi end of the China Tungsten Industry seminar on the market situation made the above remarks.
Rare earths, tungsten, molybdenum and indium dozens of rare metals, and other non-renewable important strategic resources, widely used in the defense industry, aerospace, information industry and the manufacturing industry. China's reserves of rare metals variety of the highest in the world.
W is known as "industrial teeth," said. Notably, the current tungsten goods export tariffs from 10% to 15% This is the Chinese government since last year 4th adjustment tungsten export tariffs. China Tungsten Industry Association executive vice president KONG Zhao Qing said that the reserves reduction, domestic demand increased, The Chinese government constantly raising export tariffs, boosted tungsten export threshold is the general trend.
The China tungsten reserves the highest in the world. Today, the world annual consumption of industrial tungsten tungsten resources by at least 70% supplied from China, China tungsten reserves in the world share of the decline. The latest data show that in the world based on reserves of tungsten, China accounted for 35.5%, Russia 13.5%. In earlier years the statistics, the proportion reached 45% in China.
declining reserves and contrast that with the economic development of China's domestic tungsten consumption is rising rapidly. In 2006, domestic demand for tungsten metal quantity over 23,500 tons, up 5.4% compared to 1997 more than doubled.
Deformity to curb export enterprises to meet domestic demand, as early as in 2005, The Chinese government has started to adjust its rare metals export tariffs, but the results are far from obvious. Rare earth example, in 2005, China Rare Earth products to abolish the export tax rebate policy, in November 2006. China has the rare earth oxides 10% of export tariffs. But the country is still rare earth export volume increasing rapidly, now the world's annual consumption of at least 80% rare earth resources by the Chinese supply, Compared with 1990, China's rare earth export volume has doubled in the nine times.
China Rare Earth reserves the highest in the world, marked mainly concentrated in the Inner Mongolia Baotou and Ganzhou in Jiangxi two places. Judging from the present rate of consumption, the world's largest rare earth mine in Baotou Baiyunebo deposits will disappear in 30 years; "Tungsten is the world," said the Jiangxi Rare Earth resources of the ore mining completely within 20 years.
Long-term follow-up study of rare metals market Nonferrous Metals Industry Management Office Raozhenhua said, For precious rare metals resource, and if we do not economize use, and let enterprises blindly excessive production and exports, will be bound to come to shortage of resources, affect the development of the national economy.
"This rare metals export tariff increases again tightening control is a clear signal. "Tunrongqiang that Chinese government will make sure that the market continues to reflect increases in rare metals export tariffs, The adjustment scope for export depends on the current execution of the tariff policy that the actual results.