Rare earth is the richest strategic resource of China. As of 2009, China’s reserves of rare earth have reached 36 million tons, representing 36.4% of the world’s total. China also boasts the largest rare earth output in the world, accounting for 129,000 tons or 97% of the world’s total output in 2009. The overexploitation of rare earth resources has posed a grave challenge to the sustainable development of China’s rare earth industry.

In response to the problem in the exploitation of rare earth resources, the Chinese Government has intensified the policy control in recent years, implementing a mandatory production and export quota system. The rare earth exploitation of China is capped at 89,200 tons in 2010, up 8.4% year-on-year, while the export quota stands at 30,300 tons, down 39.5% year-on-year.

Since 2009, China has strengthened its control over rare earth export, pushing up a new round of price hike of rare earth resource worldwide because of the shortage of supply. A case in point is neodymium, the spot market price of which in Shanghai reached RMB 316,500/ton as of September 30th, 2010, an increase of 224.6% compared with the RMB 97,500/ton in December 2008.

Under intensifying policy control, China’s rare earth industry has accelerated the pace of mergers and acquisitions since 2009. Regarding light rare earth resources, in North China, Inner Mongolia Baotou Steel Rare-earth (Group) led the integration of rare earth exploitation and smelting & separation enterprises in Baotou, Inner Mongolia and Weishan, Shandong Province, so did Jiangxi Copper in Liangshan, Sichuan Province. Regarding heavy rare earth resources, China Minmetals Non-ferrous Metals is still competing with local enterprises in Ganzhou for rare earth exploitation rights. By contrast, the integration in Guangdong and Fujian Provinces goes very well, with Guangdong Rising Nonferrous Metals Group and Xiamen Tungsten as the major players in the integration.

TABLE OF CONTENTS

1. Overview of Rare Earth Industry
1.1 Definition & Classification 
1.2 Industry Chain

2. Development Environment of China’s Rare Earth Industry
2.1 Global Rare Earth Industry Development
2.1.1 Reserves and Distribution
2.1.2 Exploitation 
2.2 China’s Rare Earth Industry Policy Adjustment 
2.2.1 Production Policy
2.2.2 Foreign Investment Policy
2.2.3 Export Policy
2.2.4 Prospect of Industrial Policy Adjustment

3. China’s Rare Earth Industry Development
3.1Reserves and Distribution
3.2 Development in Major Regions 
3.2.1 Inner Mongolia
3.2.2 Sichuan
3.2.3 Shandong
3.2.4 Jiangxi
3.2.5 Guangdong 
3.2.6 Fujian

4. China’s Rare Earth Industry Market Supply and Demand
4.1 Supply & Demand
4.1.1 Rare Earth Ore Production
4.1.2 Rare Earth Smelting and Separation
4.1.3 Demand
4.2 Export
4.2.1 Export Quota
4.2.2 Export Scale 
4.2.3 Export Structure 
4.3 Market Price 
4.3.1 Prices of Major Heavy Rare Earth Metals
4.3.2 Prices of Major Light Rare Earth Metals

5. Application of Rare Earth Metals
5.1 Traditional Application
5.2 Magnetic Materials
5.2.1 Major Application
5.2.2 Supply & Demand
5.2.3 Market Competition 
5.3 Hydrogen Storage Material
5.3.1 Market Scale 
5.3.2 Market Competition 
5.4 Polishing Material
5.4.1 Market Scale
5.4.2 Market Competition
5.5 Luminescent Material
5.5.1 Major Application
5.5.2 Supply & Demand
5.5.3 Market Competition

6. Key Enterprises 
6.1 Inner Mongolia Baotou Steel Rare-earth (Group) High-Tech 
6.1.1 Profile 
6.1.2 Operation
6.1.3 Development Strategy 
6.2 China Minmetals Rare Earth
6.2.1 Profile
6.2.2 Operation
6.2.3 Development Strategy
6.3 Jiangxi Tungsten Industry Group 
6.3.1 Profile
6.3.2 Operation
6.4 China Nonferrous Metal Industry's Foreign Engineering and Construction
6.4.1 Profile
6.4.2 Operation
6.4.3 Prospect
6.5 Guangdong Rising Nonferrous Metals Group 
6.5.1 Profile
6.5.2 Operation
6.5.3 Investment Planning
6.6 Xiamen Tungsten
6.6.1 Profile
6.6.2 Operation
6.6.3 Prospect
6.7 Hunan Rare Earth Metal & Material Institute
6.7.1 Profile
6.7.2 Operation
6.8 Grirem Advanced Materials
6.8.1 Profile
6.8.2 Operation
6.9 Leshan Ruifeng 
6.9.1 Profile
6.9.2 Operation
6.10 Jiahua Advanced Material Resources
6.10.1 Profile
6.10.2 Operation

7. Major Rare Earth New Material Enterprises of China
7.1 Zhong Ke San Huan
7.1.1 Profile
7.1.2 Expansion of Industry Chain
7.1.3 Operation
7.1.4 Development Planning
7.2 Ningbo Yunsheng
7.2.1 Profile
7.2.2 Operation
7.3 Taiyuan Twin-Tower Aluminum Oxide
7.3.1 Profile
7.3.2 Operation
7.4 Shaanxi IRICO 
7.4.1 Profile
7.4.2 Operation
7.4.3 Development Strategy
7.5 Jiangmen KanHoo Industry
7.5.1 Profile
7.5.2 Operation
7.6 Gansu Rare Earth New Material
7.6.1 Profile 
7.6.2 Investment