Molybdenum mine development and strategic purchasing and storage protection

It is reported that "rare metals production and management norms" being drafted. There are an authoritative source, the planning will involve rare metals tungsten, molybdenum, tin, antimony, rare earth five kinds of rare species, including total control, to determine the revenue target, target profits, focus on encouraging the development direction and so on. Compared rare, the state control on some more advanced molybdenum, as early as 2007, the Ministry of Commerce, General Administration of Customs had announced export quota license management of indium, molybdenum. Meanwhile, the state in 2007, "People's Republic of China Import and Export Tariff" also explicitly prohibited the inclusion of molybdenum processing trade products category. This policy prohibits those corresponding to rely on imports of molybdenum and molybdenum simple processing re-exported after processing and feed processing business. And in recent days, there is news that the MLR is preparing molybdenum minerals included in the implementation of the total mining management starting in 2011, issued a total exploration target. This will become the gold molybdenum, tungsten, tin, antimony, rare earths were included in the first six protective mining specific minerals. 

 

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