In June 5438 +2022 10, the Ministry of Industry and Information Technology issued the Regulations on Rare Earth Management (Draft for Comment). Mainly according to the long-term development strategy and market demand of rare earths, as well as the problems existing in our actual development, some norms are carried out. The purpose of this specification is to make the market play a decisive role in resource allocation. Of course, the government should also play a good role in maintaining market order and take care of what should be released. China is a big country with rare earths, with the most resources and exports. Some countries say that we restrict exports, and most of the things you buy are from China. First of all, there is a phenomenon that deserves our attention. We didn't sell the "rare" price, but because of vicious competition, we competed to reduce the price and sold the "earth" price, which made this precious resource wasted. Second, if you have the opportunity, you can visit our rare earth production enterprises. There are indeed many environmental problems, and the local people have reacted very strongly. Because the rare earth market is good, mining and refining are hard, and there are many reflections on environmental protection. Third, why is rare earth called rare earth? Because it is a rare resource. At present, disorderly mining is a serious waste, and some only use the richest piece. Chinese is called "digging cabbage heart", and the best piece is taken away. The comprehensive utilization efficiency of resources is very poor. In the long run, if it is not used for several years, the comprehensive utilization of resources will also be problematic. Fourth, the low-level rare earth development is repetitive, and the high-level rare earth products are really few, which is not conducive to technological innovation and scientific and technological progress. Therefore, we should learn from Japanese companies in this respect. Many Japanese companies have done a lot of work on high-end rare earths. First, the necessity of legislation on rare earth resources

1. First, it is necessary to earnestly safeguard national interests and industrial security. Rare earth is an important strategic resource and a non-renewable resource. China is a big country with rare earth resources and occupies an important position in the field of rare earth production and utilization. Speeding up the formulation of "Regulations" and legally defining the rare earth management system are conducive to safeguarding China's national interests and the safety of strategic resource industries.

2. The second is the need to standardize the order of rare earth production and operation according to law. In view of the problems existing in reality, such as private mining, destructive mining, unplanned and over-planned production, illegal trading of rare earth products, destruction of the ecological environment, and disruption of production and operation order, it is urgent to formulate comprehensive laws and regulations covering the entire industrial chain of rare earths, strengthen industry management, and investigate and deal with illegal acts according to law.

3. Third, it is necessary to improve the rare earth management system. Rare earth industry covers mining, smelting separation, storage, product circulation, secondary utilization, import and export, etc. , involving industry and information technology, natural resources, development and reform, commerce, market supervision and management, taxation, customs and other departments. It is urgent to formulate regulations and establish a management system with clear division of labor and close cooperation according to law. Second, the general idea of rare earth resources

1. First, insist on protection first. Rare earth is of irreplaceable significance to the transformation of traditional industries, the development of emerging industries and the progress of national defense science and technology industries. It must be specially protected, and administrative licensing and project approval should be implemented for rare earth mining and smelting separation. 2. Second, adhere to source governance. The total index management system is established for rare earth mining and smelting separation respectively. 3. Third, adhere to the management of the whole industry chain. Standardize the mining, smelting separation, metal smelting, comprehensive utilization, sales and circulation of rare earth industrial chain to ensure the safe, green and sustainable development of rare earth industry. The fourth is to pay attention to institutional convergence. Do a good job in connecting with laws and regulations such as mineral resources management, environmental protection, enterprise investment project approval and filing, import and export management. Legal basis: Article 3 of the Regulations on Rare Earth Management (Draft for Comment) defines the division of responsibilities for rare earth management. The State Council established a coordination mechanism for rare earth management, studied and decided on major policies for rare earth management, and coordinated and solved major problems in rare earth management. The competent department of industry and information technology of the people's government at or above the county level is responsible for the management of rare earth industry, and the departments of development and reform, public security, finance, natural resources, ecological environment, commerce, emergency management, state-owned assets, customs, taxation, market supervision and management are responsible for the management of rare earth within their respective functions and duties.