Friday, July 27, 2012

rare earths and beryllium mining companies and China


China's control makes expensive rare metals

China has launched a global competition for raw materials. The People's Republic of rare materials sourced worldwide and ensures its presence in Africa. Of them is convinced that German industry and raises an alarm. Rare metals such as gallium, germanium, beryllium, indium, magnesium, and platinum are essential in the production of high-tech products. Indium is required for RFID chips, germanium for the processors in cell phones and fiber optic cable. Solar cells require silicon, and gallium, lithium is essential for the battery in mobile phones and electric cars. Automotive industry, plant builders and environmentalists Maschinenund depend on the rare metals. Analysts expect that demand will exceed supply for the rare earths in 2012 to more than 30,000 to 50,000 metric tons, unless new plants are added.

One reason for the scarcity of high-tech materials is China. The People's Republic has imposed some of the important raw materials for drastic restrictions on exports. Therefore, the European Union has complained to the support of the Americans before the WTO. The Asian country is in a key position. 95 percent of the global reduction of the rare earths will be held in China. In the People's Republic Baotou Steel Rare Earth Hi-Tech, the dominant company and also the world's largest producer of rare metals.

mining for beryllium and other mineral commodities


NEW STRATEGY OF THE EU COMMISSION
Europe's fight for resources
The growing demand for commodities from developing countries. For mining in protected areas, the countries are now receiving money for reform programs. BY FRANCOIS Misser

Of rare earth elements (here: bismuth), there are more and more conflicts over distribution.
When accessing resources in developing countries with the most fingers pointed to China - but Europe is no less greedy. On Wednesday the European Commission, other EU institutions will present a European strategy on raw materials after the deadline was postponed last week - at the same time present a strategy to curb speculation in commodities. Europe wants to secure access to raw materials, emerging with a growing rivalry with China and others.
The draft strategy document, which is present Taz talks about increasing difficulties in securing raw materials. Prices had risen sharply due to growing demand from China, India and Brazil as well as the activities of speculators in the commodity derivatives markets. Beyond the financial aspects is the main topic of how Europe can provide in principle the future with enough raw materials. The European industry is dependent on imports for 14 minerals in a critical size, they say. When antimony, beryllium, germanium, indium, cobalt, magnesium, niobium, platinum, and tantalum, as well as the so-called rare earths, the import dependence 100 percent.