Host
Sponsor
Asian Metal connect person:
Erin Zhao
Tel: +86-10-59080011/22/33 Ext: 834
Fax: +86-10-59080044-801
Mobile:+86-15201233368
E-mail：erin@asianmetal.com
Vivian Pang
Tel: +86-10-59080011/22/33 Ext: 835
Fax: +86-10-59080044-801
Mobile:+86-18210722156
E-mail：vivian@asianmetal.com
Melvin Hill
Tel: +86-10-59080011/22/33/44 Ext:852
Fax: +86-10-59080044 Ext:801
Mobile: +86-18946007613
Email: melvin@asianmetal.com
Overview
Following a year of unprecedented volatility in global rare earth markets, players along each and every chink of the supply chain have inevitably begun to carefully monitor developments in the rare earth industry. 2011 saw the rapid appreciation of rare earth prices as China's push towards industrial integration constricted global supply. This year also saw a veritable explosion in prospect junior mining companies as foreign enterprises actively worked to develop and secure supply sources outside of China. During the latter half of 2011, pressures from high production costs and slack demand forced downstream users to reduce output and even stop production. Furthermore, escalating sovereign debt crises and a soft global economy continue to depress rare earth markets.
When will downstream markets recover?
Following rapid increases in rare earth prices, several major downstream industries, in particular the neodymium magnet, phosphor powder, glass and ceramics, catalyst, and polishing powder industries, cut back production output while simultaneously searching for acceptable substitutes and new production processes. Some industries, including the electronics, automotive, and wind power industries, saw declining growth rates. As most end-users prefer to watch the market, relevant downstream industries have seen a consequent decrease in demand. Although speculation and constricted supply led to skyrocketing prices in H1, a weakening economy and soft demand helped to gradually deflate the alleged rare earth price bubble in H2. Will new leaders have the ability to carry out the necessary policy measures to regulate rare earth markets? When will downstream consumers return to the market to replenish stocks? When will rare earth markets see a true recovery in demand?
Who can effectively manage risk amongst drastic changes in the international market?
The rare earth industry has seen an explosion in growth and international recognition as nations across the globe strive to develop rare earth industrial supply chains outside of China. In the short run, will sensitive markets be strongly influenced as new rare earth supply sources come online? Which new opportunities and challenges will global markets face should the debt crisis remain unresolved in major economies? Asian Metal is pleased to invite industry players from all circles to discuss whether rare earth market will see improvement in 2012.
Comprehensive market forecasts and boundless opportunity
Asian Metal has invited Chinese officials to analyze the macro-economic development strategies and policy directions for the rare earth industry. At the same time, these industry experts will provide authoritative market outlooks for 2012.
Furthermore, Asian Metal has invited senior overseas officials to provide insight expert into the current global market situation as well as the relationship between demand and supply.
Asian Metal has also invited officials to comment on how to best cope with developments concerning the downstream industrial chain, avoid newly emerging market risks, and take advantage of arising opportunities.
Strong media presence and attendance
Internationally recognized news media companies will cover events and developments at Asian Metal’s International Rare Earth Summit. Special correspondents from KBS, Xihua News Agency, Reuters (UK), Bloomberg New Report (US), CBN and Shanghai Securities News will be invited to the conference and report on the whole process.