Rare Earth Industry In China
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Rare Earth Industry In China
The rare earth industry in China is a large industry. Rare earths are a group of elements on the periodic table with similar properties. Rare earth metals are used to manufacture everything from electric vehicles (EVs), wind turbines, consumer electronics and other clean energy technologies. The rare earths cause improved system performance when for example electric battery terminal Li Mn2O4 cathodes are doped with them, and it is known that some EVs use lithium-ion batteries such as these. Tesla automobiles "currently uses an lithium-nickel-cobalt-aluminum (NCA) chemistry, while lithium-nickel-manganese-cobalt (NMC) chemistries are common across the rest of the EV industry." Vehicle "manufacturers are keen to reduce reliance on rare earths, which like cobalt, suffers from highly concentrated supply and unpredictable pricing, with China holding a virtual global monopoly in primary supply and processing." Leading battery manufacturer Samsung SDI uses this technology for its ...
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Rare-earth Element
The rare-earth elements (REE), also called the rare-earth metals or (in context) rare-earth oxides or sometimes the lanthanides (yttrium and scandium are usually included as rare earths), are a set of 17 nearly-indistinguishable lustrous silvery-white soft heavy metals. Compounds containing rare earths have diverse applications in electrical and electronic components, lasers, glass, magnetic materials, and industrial processes. Scandium and yttrium are considered rare-earth elements because they tend to occur in the same ore deposits as the lanthanides and exhibit similar chemical properties, but have different electronic and magnetic properties. These metals tarnish slowly in air at room temperature and react slowly with cold water to form hydroxides, liberating hydrogen. They react with steam to form oxides, and at elevated temperature (400°C) ignite spontaneously. These elements and their compounds have no biological function other than in several specialized enzymes, s ...
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Program 973
973 Program () or also known as National Basic Research Program is a basic research program initiated by the People's Republic of China to achieve technology and strategic edge in various scientific fields and especially the development of the rare earth minerals industry. History The program was initiated in 1997 by the Chinese government to develop basic research, innovations and technologies aligned with national priorities in economic development and social development. The program was managed by the Chinese Ministry of Science and Technology. Natural Science Foundation of China is also involved in coordinating the research with the program.http://www.swissnexchina.org/activities/ongoing-projects-1/091029_overview_stchina.pdf Over the years the program has dedicated funding to areas such as agriculture, health, information, energy, environment, resources, population and materials. Project funding The central government has in the past funded projects for a term of no mo ...
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Baotou Steel Rare-Earth Hi-Tech Company
China Northern Rare Earth (Group) High-tech Co., Ltd. (), known as China Northern Rare Earth () and abbreviated CNREG, is based in , Baotou, Inner Mongolia, China. The company's products include rare earth concentrate and highly processed rare earth products. The company is listed on the Shanghai Stock Exchange The Shanghai Stock Exchange (SSE) is a stock exchange based in the city of Shanghai, China. It is one of the three stock exchanges operating independently in mainland China, the others being the Beijing Stock Exchange and the Shenzhen Stock Exc .... Its CEO is Dianqing Zhao (赵殿清), and its general manager is Yedong Qu (瞿业栋). In 2018, the company made a profit of 606 million RMB on revenue of 13.85 billion RMB. History In 2008, China Northern Rare Earth merged with Baotou Steel Rare Earth, and by 2009 the company's market share reached 90%. In 2010, the company's performance rose dramatically, increasing by a factor of 12.46. In 2014, Baotou Steel Rare Ear ...
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State Owned Enterprises
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and develop ...
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Jilin
Jilin (; alternately romanized as Kirin or Chilin) is one of the three provinces of Northeast China. Its capital and largest city is Changchun. Jilin borders North Korea (Rasŏn, North Hamgyong, Ryanggang and Chagang) and Russia (Primorsky Krai) to the east, Heilongjiang to the north, Liaoning to the south, and Inner Mongolia to the west. Along with the rest of Northeast China, Jilin underwent an early period of industrialization. However, Jilin's economy, characterized by heavy industry, has been facing economic difficulties with privatization. This prompted the central government to undertake a campaign called "Revitalize the Northeast". The region contains large deposits of oil shale. Name The name "Jilin" originates from ''girin ula'' () , a Manchu phrase meaning "along the river", shortened to Kirin in English. This Manchu term was transcribed into ''jilin wula'' ( t , s ) in Chinese characters and shortened the first two characters, which are tran ...
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Molycorp
Molycorp Inc. was an American mining corporation headquartered in Greenwood Village, Colorado. The corporation, which was formerly traded on the New York Stock Exchange, owned the Mountain Pass rare earth mine in California. It filed for bankruptcy in June 2015 after changing competitive circumstances, declining prices on output and a 2014 restructuring. It was purchased by its largest creditor Oaktree Capital Management and was reorganized as Neo Performance Materials. History Roots of the company dates back to 1919 when the Molybdenum Corporation of America, established as a subsidiary of the Electric Reduction Company, started molybdenum ore mining at Questa, New Mexico. In 1950, the Molybdenum Corporation of America bought the Mountain Pass rare earth mine, Mountain Pass mining claims, and began production in 1952. It changed its name to Molycorp in 1974. The corporation was acquired by Union Oil in 1977, which in turn became part of Chevron Corporation in 2005. In 20 ...
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California
California is a U.S. state, state in the Western United States, located along the West Coast of the United States, Pacific Coast. With nearly 39.2million residents across a total area of approximately , it is the List of states and territories of the United States by population, most populous U.S. state and the List of U.S. states and territories by area, 3rd largest by area. It is also the most populated Administrative division, subnational entity in North America and the 34th most populous in the world. The Greater Los Angeles area and the San Francisco Bay Area are the nation's second and fifth most populous Statistical area (United States), urban regions respectively, with the former having more than 18.7million residents and the latter having over 9.6million. Sacramento, California, Sacramento is the state's capital, while Los Angeles is the List of largest California cities by population, most populous city in the state and the List of United States cities by population, ...
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Mountain Pass Rare Earth Mine
The Mountain Pass Mine, owned by MP Materials, is an open-pit mine of rare-earth elements on the south flank of the Clark Mountain Range in California, southwest of Las Vegas, Nevada. In 2020 the mine supplied 15.8% of the world's rare-earth production. It is the only rare-earth mining and processing facility in the United States. As of 2022, work is ongoing to restore processing capabilities for domestic light rare earth elements (LREEs) and work has been funded by the United States Department of Defense to restore processing capabilities for heavy rare earth metals (HREEs) to alleviate supply chain risk. Geology The Mountain Pass deposit is in a 1.4 billion-year-old Precambrian carbonatite intruded into gneiss. It contains 8% to 12% rare-earth oxides, mostly contained in the mineral bastnäsite. Gangue minerals include calcite, barite, and Dolomite (mineral), dolomite. It is regarded as a world-class rare-earth mineral deposit. The metals that can be extracted from it inclu ...
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Australia
Australia, officially the Commonwealth of Australia, is a Sovereign state, sovereign country comprising the mainland of the Australia (continent), Australian continent, the island of Tasmania, and numerous List of islands of Australia, smaller islands. With an area of , Australia is the largest country by area in Oceania and the world's List of countries and dependencies by area, sixth-largest country. Australia is the oldest, flattest, and driest inhabited continent, with the least fertile soils. It is a Megadiverse countries, megadiverse country, and its size gives it a wide variety of landscapes and climates, with Deserts of Australia, deserts in the centre, tropical Forests of Australia, rainforests in the north-east, and List of mountains in Australia, mountain ranges in the south-east. The ancestors of Aboriginal Australians began arriving from south east Asia approximately Early human migrations#Nearby Oceania, 65,000 years ago, during the Last Glacial Period, last i ...
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Alkane Resources
In organic chemistry, an alkane, or paraffin (a historical trivial name that also has other meanings), is an acyclic saturated hydrocarbon. In other words, an alkane consists of hydrogen and carbon atoms arranged in a tree structure in which all the carbon–carbon bonds are single. Alkanes have the general chemical formula . The alkanes range in complexity from the simplest case of methane (), where ''n'' = 1 (sometimes called the parent molecule), to arbitrarily large and complex molecules, like pentacontane () or 6-ethyl-2-methyl-5-(1-methylethyl) octane, an isomer of tetradecane (). The International Union of Pure and Applied Chemistry (IUPAC) defines alkanes as "acyclic branched or unbranched hydrocarbons having the general formula , and therefore consisting entirely of hydrogen atoms and saturated carbon atoms". However, some sources use the term to denote ''any'' saturated hydrocarbon, including those that are either monocyclic (i.e. the cycloalkane ...
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Lynas Corporation
Lynas Rare Earths, Ltd. is an Australian rare-earths mining company, listed on the Australian Securities Exchange as a S&P/ASX 200 company. It has two major operations: a mining and concentration plant at Mount Weld, Western Australia, and a refining facility at Kuantan, Malaysia. The company was founded in the 1990s and is headquartered in Perth, Western Australia. Lynas Rare Earths is one of the largest rare earths mining companies in the world and has operations in Australia, Malaysia, and other countries. The company is known for its Mt. Weld mine in Western Australia, which is one of the largest rare earths mines in the world. History The company was founded in 1983 as Yilgangi Gold NL. The company took on the Lynas Gold N.L. name in 1985. /sup> It became publicly listed in 1986 on the ASX. In 2001, it sold off its gold division and focused on rare earths. /sup> Lynas was founded by the Sumich family of Perth, Western Australia. Perth based mining identity, Mr Les E ...
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Illegal Mine
Illegal mining is mining activity that is undertaken without state permission, in particular in absence of land rights, mining licenses, and exploration or mineral transportation permits. Illegal mining can be a subsistence activity, as is the case with artisanal mining, or it can belong to large-scale organized crime, spearheaded by illegal mining syndicates. On an international level, approximately 80 percent of small-scale mining operations can be categorized as illegal. Despite strategic developments towards " responsible mining," even big companies can be involved in illegal mineral digging and extraction, if only on the financing side. Regional Issues Sub-Saharan Africa Spurred by widespread poverty and a lack of alternative income-earning opportunities, illegal artisanal mining is a well-documented phenomenon in sub-Saharan Africa. While legalization opportunities for artisanal and small scale mining are often available, inefficient government bureaucracy structures can ...
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