According to the Russian Satellite News Agency citing the "Turkish Daily" report, a large amount of rare earth resources have been discovered in the Eskisehir Province in the northwest of Turkey, and its reserves can meet the world's demand for 1,000 years.
The mineral deposit discovered in Eskisehir Province contains approximately 694 million tons of rare earths, which may bring billions of dollars in revenue to Turkey after processing. Megin Cekinch, a member of the Turkish Mining and Metal Exporters Federation, said that the rare earth reserves discovered in Turkey are enough to meet the world's needs for 1,000 years. "This will create jobs for local people and young people."
Rare Earth (Rare Earth), or rare earth metal, is a total of 17 kinds of metals in Group III of the Periodic Table of Elements , including cylindrical elements, lithium elements, and phosphorus elements. Chemistry The collective name of the element belongs to the subfamily element . Rare earths are known as "modern industrial vitamins" due to their wide range of end applications. For the clean energy transition, rare earth elements also play a crucial role. Precision, error, dysprosium and testing are the keys to producing permanent magnets for electric vehicles (EV) and wind turbines. It can be used in certain types of hydrogen electrolyzers. In terms of size, Chin is the most important.
In nature, rare earth elements mainly exist in the form of rare earth minerals (REO), which are difficult to separate. The distribution of rare earth resources is highly concentrated, with the four major rare earth resource countries accounting for more than 90% of the total rare earth reserves. Our country has the largest rare earth reserves in the world. At the same time, our country has established a relatively complete rare earth industry chain and industrial system, and has become the world's largest rare earth producer, exporter and user.
According to a special report on the rare earth industry released by Bohai Securities , my country accounts for 36.7% of the world's rare earth reserves, far exceeding other countries. In terms of rare earth production, my country accounts for 60.0% of the world's total rare earth production, ranking first in the world. In terms of resource endowment, my country's resources are better than those in the world, which is reflected in the complete range of rare earth minerals and elements. Among them, the light rare earth mineral reserves in the north are large and easy to be mined on a large scale, which has a cost advantage. The medium and heavy rare earth mineral reserves in the south are large, have low radioactivity, are easy to mine, and have economic benefits. Well, strategically significant. In terms of smelting and separation technology, my country's smelting and separation technology leads the world, and its smelting and separation output accounts for about 90% of the world's share.
Note that it is reserve rather than storage. Reserve means the amount of rare earths in India that can be detected by machines. As for how much India can ultimately obtain, it depends on Turkey's mining capabilities. But it is obvious that the data proves that Turkey’s mining capabilities are really not good. Turkey mined only 3,000 tons last year, while China had 140,000 tons, and even the United States had 38,000 tons. At the same time, the Turkish government’s processing capabilities for rare earth resources are not strong.
Turkey said that Turkey mines rare earths mainly to meet the demand for nuclear raw materials, so Turkey should create a special rare earth department to focus on providing rare earth production and encourage more people to join the Turkish industrial chain, so that Turkey will have enough funds to complete mining and processing. In a series of tasks, we must also unite the United States, Japan and Australia to prevent China's development of rare earths and then expand the road for Turkey.
is truly an American younger brother. He follows the same path as the United States. He is not strong enough and does not want to improve himself or enhance his strength. He is trying to surround others, force others to stop, and then take what others have as his own. However, one thing that the Turkish government official needs to know is that whether it is mining or processing, if you want to increase production, you must have relevant mining technology.Whether there will be a market after mining and whether there will be cooperation depends on the quality of Turkey's rare earth processing. If the quality is not high and the purity is not refined, who does Turkey think will buy it?
Many people know that China currently needs to import a large number of key commodities from foreign countries, such as oil and semiconductor chips . However, in fact, China also has some monopolized commodities in the world, which are rare earths that have attracted widespread attention before. China is currently the world's largest supplier of rare earths. The country with the strongest capabilities occupies more than 70% of the global market. However, 10 years ago, China's rare earths had not received such recognition. They were sold at cabbage prices for 10 years. So why did China's rare earth technology fail after just 10 years? Can it occupy 70% of the market? How about crushing the United States and Japan? The reason is actually not simple. It turns out that during this period, China worked hard to improve its rare earth processing capabilities and successfully broke through all key technologies to produce various high-quality rare earth products. Therefore, China's rare earth technology overwhelmed the United States and Japan overnight.
In January 2021, the Ministry of Industry and Information Technology of my country publicly solicited opinions on the "Draft of Comments on Rare Earth Management Regulations " until China Rare Earth Group Co., Ltd. was officially established on December 23. These two major events have laid a strong foundation for the steady development of my country's rare earth industry.
With the strong support and promotion of policies, the rare earth industry is standing at the forefront of a new era. The application of rare earths is becoming more and more widespread. Whether it is new energy or power generation, they are extremely dependent on rare earths. In the context of our country further proposing the goal of carbon neutrality, the rise of the rare earth industry is the call of the times, and we can see its bright dawn. .
In order to ensure the supply and demand pattern of my country's rare earth market, relevant policies have been working hard to protect the entire rare earth industry. Judging from the current situation of rare earth resources, smelting separation and application in my country, it has become an industry consensus to make rare earths truly rare and ensure their dominant position. The purpose is to grasp the strategic advantages of the rare earth industry chain. The development of the rare earth industry needs to be driven not only by policies, but also by fundamentals. The continued growth in demand from new energy, wind power and other industries will ensure and drive the steady increase in rare earth prices.
The current rapid development of new energy and high-tech industries has led to an increasing global demand for rare earth products, and the prices of rare earth products will also increase. In order to ensure that my country's rare earth industry continues to occupy a dominant position, it must start with upgrading and innovation, continue to increase research and development and investment, and focus on improving the production and processing capabilities of high-end products.
At present, my country’s layout and investment in rare earth R&D mainly comes from the government. In terms of R&D results, it is still in the basic stage and requires further investment and R&D from relevant enterprises to transform it into leading technology. Judging from my country's rare earth enterprises, they are still small, scattered and chaotic, and they obviously lack the ability to invest in large-scale investment, research and development and processing.
In order to ensure that we can compete with the internationally leading rare earth processing industry, we should also actively promote the group development of rare earth enterprises. Through group development, the comprehensive strength of rare earth enterprises will be improved. In the process of strengthening R&D investment, we will achieve the comprehensive upgrade and innovative development of my country's rare earth industry.
