market mechanisms increasingly play a greater role.

[Tungsten Online News - Tungsten News]
Toyota R & D Center (China) Co., the responsible person recently told reporters that now for the rare earth controls and policies so strict control than in the past, the Chinese began to make greater use of market mechanisms to regulate, market mechanisms increasingly play a greater role.
The person in charge to Baotou participate in the fifth "China Baotou Rare Earth tungsten carbide inserts Forum", aimed at conduct preliminary investigations and concerns China rare earth policy developments. "From this point of view, no new, big policies, has been in continuation of last year's policy." The official said, so he was interested in "this conference a lot of people say that the release may be fixed limitations. "the person in charge hope that China's rare earth could be more stringent environmental policy," environmental policy will tighten, we think it is normal behavior, as a business, environmental standards should be, and some small businesses private dug Luancai, it should be shut down. "
During the meeting of the gap, Baotou National Rare Earth Hi-tech Zone, assistant director Ann tigers and the person in charge in the exchanges, to express a wish to Toyota in Baotou joint development of new energy vehicles, hybrid vehicles ideas. However, the official told reporters: "Toyota's hybrid cars in China awareness is not high, sales volume is not high, we now do not want to stall shop so much."
Before making Zhefan representation, Toyota and domestic battery material suppliers Hunan Corun intent signed a joint venture, the parties intended to set up a Sino-foreign equity ratio of shareholders and other joint ventures. Public information, Corun has manufacturing hybrid battery mature technology, is an international vehicle nickel-hydrogen battery is one of the major suppliers.
Public information, Keli America's four major shareholding structure as follows: Chinese shareholder is Corun (40% shareholding) and Changshu, a local venture capital firm (holding 10%), Japanese foreign shareholders of PEVE (holding 41%), Toyota China (holding 5%) and Toyota Tsusho (holding 4%). The major shareholder of PEVE for Toyota. This means that Toyota is the largest shareholder Keli America PEVE the actual controller.
National Development and Reform Commission and Ministry of Commerce jointly issued last year, "Foreign Investment Industrial Guidance Catalogue" shows that foreign investment in the energy in batteries and other key components of new energy vehicles equity ratio can not exceed 50%, of which battery is designated as "critical zero parts. "
There are rare insiders believe that Toyota chose a joint venture with Corun, ulterior motives, but through CORUN continually get more numerous, cheaper rare earths. If the investment here in Baotou Rare Earth, the degree of concern would be too high.
Although Japan and several countries to seek cooperation in earth, but in Japan through various channels into China rare earth industry chain moves, showing the dependence on Chinese rare earth in Japan is still more serious.
According to Japanese media reports, January-April 2013, Japan's rare earth imports increased by 19% compared with the same period last year, reaching 4,300 tons. Among them, the domestic rare earth 63% over the previous year increased 11 percent.
Baotou Steel Rare Earth Group Hi-Tech Co. General Manager Zhang told reporters that in the light rare earth products worldwide oversupply situation, especially rare earth lanthanum, cerium product market competition intensified, resulting in the rapid reduction of rare earth product margins small, foreign rare earth project has been in trouble. Future supply of light rare earth in China is difficult to return to the era, and China Rare Earth as a unique resource advantages, can still maintain a fairly long-term competitiveness and market discourse.