From the "Casino" Las Vegas, not far from the Mountain Pass mine, the mining workers are under construction. According to its molybdenum mine company, the rare earth mine is the largest rare earth mine discovered outside China. The existing reserves of rare earth oxides are estimated to be about 960,000 tons, and the cut-off grade is 5%. If the annual output is 19,090 tons, The exploitable period will exceed 30 years. During this period, the market share of Chinese companies in the global rare earth market has increased significantly. From 1995, rare earth production accounted for about 55% of global production and rose to 96% in 2008. Since the Chinese government began to implement mandatory planning for rare earth production in 2007 and began to reduce rare earth exports, the price of rare earth in the international market has basically maintained a rising trend. As a major US rare earth producer, the molybdenum mine company resumed operations in 2007. With China's limited production and rising international rare earth prices, the Mountain Pass mine is expected to produce 19,090 tons of rare earth oxides in 2012, and the second phase of the expansion plan has also been approved by the board of directors, with the proposed issuance of mandatory convertible preferred shares and ordinary The stock will raise funds, and JPMorgan Chase and Morgan Stanley will act as their joint underwriters. According to the plan, the second phase expansion of the company will reach 40,000 tons after the completion of the end of 2013. The aforementioned rare earth industry sources said that the industry's view is that in 2015, the world's 180,000 to 200,000 tons of rare earth production, China will account for 100,000 tons, and molybdenum and Liner may each produce 40,000 tons. Molybdenum said that the company is fully operational and expects annual production to rise to 19,090 tons by the end of 2012, and production will double by the end of 2013. (Source "New Century")
Flame Retardant, Reflective Fabric
Reflective Armband Safety Vest Co., Ltd. , http://www.chreflective.com