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The permanent magnet and phosphor industries will be one of the fastest growing areas. In this field, heavy rare earths account for the majority. More than 70% of the world's heavy rare earths are distributed in China. Due to the irreplaceability of heavy rare earths, the small reserves, the large gap, and the scarcity of rare earths, it constitutes a situation in which all countries in the world compete for rare earth resources in China.
At present, the degree of integration of light and heavy rare earths in China is different. The northern light rare earth has been basically controlled by Baotou Steel Rare Earth. The southern ion-type heavy rare earth is located in Jiangxi, Guangdong and Fujian provinces.
Since the beginning of this year, the price of rare earth has soared, and various rare earth metals have experienced doubled prices. In comparison, the increase in heavy rare earths is lower than that of light rare earth metals. At the beginning of the year, the price of heavy rare earth lanthanum was basically the same as that of light rare earth lanthanum, but by the end of June, the price of lanthanum was less than half of that. Light rare earths have seen a significant increase in March and April this year, and the significant increase in heavy rare earths did not appear until June this year. Among them, heavy metal bismuth has increased by 70,000 yuan / ton in just one month.
The industry reminds that it is necessary to pay attention to the negative impact of rising rare earth prices on downstream industries, especially emerging industries. 
Rare earth prices rise too fast, heavy metals 上涨 increase by 70,000 yuan per ton
[High-tech LED News] Rare earth can be basically divided into rare earth and lanthanum group rare earths. The rare earth elements are also called light rare earths, mainly including lanthanum, cerium, lanthanum, cerium, lanthanum, cerium and lanthanum. The rare earth rare earth is also called heavy rare earth, which mainly includes lanthanum, cerium, lanthanum, cerium, lanthanum, cerium, lanthanum, cerium and lanthanum.