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Changes in China's Rare Earth Industry Policy and their Implications (중국 희토류산업정책의 변화와 정책적 함의)

  • PARK, In-Sop;SONG, Jae-Do
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.71
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    • pp.297-324
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    • 2016
  • China not only has the largest amount of rare earth reserves, but it also produces the most rare earth products. However, China lacks appropriate supervision and management systems of its rare earth industry. The Chinese government's inappropriate mechanisms have been cause for reckless development by national rare earth providers characterized by excessive competition, environmental pollution, and smuggling. In response to the problems, China implemented regulatory measures to restructure the rare earth industry. The Chinese central government intensifies its efforts to control the total quantity of rare earth products and tackle environmental pollution. Six leading conglomerates have been selected to promote the Chinese central government's policy. A new environmental guideline has been drawn up to reduce the discharging of wastewater and air pollution substance. Huge transition and a great influence of its policy changes are expected. These policy changes are bound to entail huge transitions, and the policy is expected to have a great influence in the future structure of the rare earth industry. In consideration of these changes, the Korean government, in collaboration with private enterprises needs to take appropriate measures, such as overseas resources development, R&D expansion, tactical stockpiling, professional manpower training and so on.

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Extractive Metallurgy and Separation Technology of Rare Earth Ores (교토류광석(橋土類鑛石)의 제련(製鍊) 및 분리(分離) 기술(技術))

  • Lee, Man-Seung;Jeon, Ho-Seok
    • Resources Recycling
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    • v.19 no.6
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    • pp.27-35
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    • 2010
  • Rare earth alloys and compounds are the raw materials for the manufacture of advanced materials. Although domestic monazite ores have been found, there are some difficulties in recovering rare earth from these ores. Rare earth ores are found in few countries and these countries put an embargo on the export of rare earth ores for the protection of their industry. We gathered some information on the hydrometallurgical and pyrometallurgical processes to recover rare earths from bastnasite, monazite, and xenotime which consist of 95% of the total rare earth ores. Since rare earth with the purity more than 6N is needed for use in advanced materials, some separation methods such as fractional crystallization, precipitation, ion exchange, and solvent extraction were introduced.

Research and Analysis of Enactment of China's Old and Rare Books Management (중국의 고문헌 관리 법제화의 조사 분석)

  • Han, Mikyung
    • Journal of the Korean Society for Library and Information Science
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    • v.52 no.3
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    • pp.193-214
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    • 2018
  • This study aims to analyze enactment of China's old and rare books management. For the purpose, the review on China's legal system and management related to old and rare books were studied. And this study investigated 4 laws, 6 administrative regulations, 4 sector regulations, and 13 administrative normativity papers. Among those, 5 major sources for old and rare books management were identified as follows : 1) China's National Civilization Protection Law in 2013, 2) China's Old and Rare Book Organization Directive in 1989, 3) Regulation on Management of Research, Organization, and Publication of Old and Rare Books in 1986, 4) Standards on Grading Classification of Civilization Collections in 2001, and 5) Provisional Regulation on Civilization Auctioning in 2003. Based on the analysis of these sources, this study deduced implications in terms of Chinese old and rare books management such as the necessity to give considerations to 1) the importance of old and rare books management policy, 2) nationwide old and rare books management, 3) expansion of eduction and training of human resources, 4) establishment of institution specializing in old and rare books, and 5) special management of science of Chinese medicine.

Rare Disaster Events, Growth Volatility, and Financial Liberalization: International Evidence

  • Bongseok Choi
    • Journal of Korea Trade
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    • v.27 no.2
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    • pp.96-114
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    • 2023
  • Purpose - This paper elucidates a nexus between the occurrence of rare disaster events and the volatility of economic growth by distinguishing the likelihood of rare events from stochastic volatility. We provide new empirical facts based on a quarterly time series. In particular, we focus on the role of financial liberalization in spreading the economic crisis in developing countries. Design/methodology - We use quarterly data on consumption expenditure (real per capita consumption) from 44 countries, including advanced and developing countries, ending in the fourth quarter of 2020. We estimate the likelihood of rare event occurrences and stochastic volatility for countries using the Bayesian Markov chain Monte Carlo (MCMC) method developed by Barro and Jin (2021). We present our estimation results for the relationship between rare disaster events, stochastic volatility, and growth volatility. Findings - We find the global common disaster event, the COVID-19 pandemic, and thirteen country-specific disaster events. Consumption falls by about 7% on average in the first quarter of a disaster and by 4% in the long run. The occurrence of rare disaster events and the volatility of gross domestic product (GDP) growth are positively correlated (4.8%), whereas the rare events and GDP growth rate are negatively correlated (-12.1%). In particular, financial liberalization has played an important role in exacerbating the adverse impact of both rare disasters and financial market instability on growth volatility. Several case studies, including the case of South Korea, provide insights into the cause of major financial crises in small open developing countries, including the Asian currency crisis of 1998. Originality/value - This paper presents new empirical facts on the relationship between the occurrence of rare disaster events (or stochastic volatility) and growth volatility. Increasing data frequency allows for greater accuracy in assessing a country's specific risk. Our findings suggest that financial market and institutional stability can be vital for buffering against rare disaster shocks. It is necessary to preemptively strengthen the foundation for financial stability in developing countries and increase the quality of the information provided to markets.

Solvent Extraction of Light (Pr, Nd) and Medium (Tb, Dy) Rare Earth Elements with PC88A of Rare Earth Chloride Solution from Waste Permanent Magnet (폐 영구자석으로부터 회수한 염화희토류용액에서 PC88A를 이용한 경희토류(Pr, Nd)/중희토류(Tb, Dy) 용매추출)

  • Jeon, Su-Byung;Son, InJoon;Lim, Byung-Chul;Kim, Jeong-Mo;Kim, Yeon-Jin;Ha, Tae-Gyu;Yoon, Ho-Sung;Kim, Chul-Joo;Chung, Kyeong-Woo
    • Resources Recycling
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    • v.27 no.3
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    • pp.8-15
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    • 2018
  • Solvent extraction behavior of light rare earth elements (Pr, Nd) and medium rare erath elements (Tb, Dy) in the HCl-PC88A-kerosene extraction system was investigated in order to separate high-purity light rare earths (Pr, Nd) and medium rare earths (Tb, Dy) in the mixed rare earth chloride solution. In the batch test step, it was confirmed that the separation efficiency was good when the extractant concentration (PC88A) was 0.5 M, the equilibrium pH after extraction was 0.8 to 1.0 (initial pH 1.3 of the feed), the concentrations of hydrochloric acid in scrubbing solution was set as 0.1 M, the concentrations of hydrochloric acid in stripping solution was set as 2.0 M or more. Based on the experimental data obtained from the batch test, the mixer-settler was composed as follows; 4 stages of extraction, 8 stages of scrubbing, 4 stages of stripping, and 3 stages of pickling organic solution. The Mixer-settler was operated for 180 hours, and the operating conditions were continuously adjusted to obtain the high-purity light/medium rare earths. Finally, the purity of light (Pr, Nd) and medium rare earth elements (Tb, Dy) was reached as 3 N class.

Enzyme Replacement Therapy for Lysosomal Storage Disease in Indonesia

  • Sjarif, Damayanti Rusli;Hafifah, Cut Nurul
    • Journal of mucopolysaccharidosis and rare diseases
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    • v.4 no.1
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    • pp.7-10
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    • 2018
  • Rare diseases are life threatening or chronically debilitating diseases with a low prevalence (less than 2,000 people in a population), which includes lysosomal storage diseases. These diseases are often seen as unimportant especially in developing countries, such as Indonesia, due to small number of patients. National Rare Disease Center in Indonesia was pioneered almost 20 years ago and officially established in 2017 by the Indonesian Minister of Health. Lysosomal storage disease become the most commonly found inborn errors of metabolism (IEM) in Indonesia due to easily accessible diagnostic facilities. Currently there are 7 patients receiving ERT in this mixed-donation scheme, one patient with Gaucher disease and 6 patients with MPS type II. Few challenges for ERT in Indonesia include importation through special access scheme, preparation of ERT infusion in intensive care settting, and cost of treatment. Even with limited resources, healthcare professionals in Indonesia have been giving the best care possible for rare disease patients, especially to provide diagnostic facilities through collaboration and treatment options for treatable rare diseases. Improvements in care for rare disease patients are still needed.

Overview on the Technologies for Extraction of Rare Earth Metals (희토류금속(稀土類金屬) 제련기술(製鍊技術) 개요)

  • Park, Hyung-Kyu;Lee, Jin-Young;Cho, Sung-Wook;Kim, Joon-Soo
    • Resources Recycling
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    • v.21 no.3
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    • pp.74-83
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    • 2012
  • Rare earth metals have been made from rare earth compounds which were prepared from rare earth ore concentrates through successive processes such as leaching(i.e. extraction of rare earth elements to liquid media), separation, purification, precipitation. Here, process for treating monazite and bastnasite ore concentrates were briefly reviewed, and metallothermic reduction and fused salt electrolysis methods were introduced as the extraction technologies for rare earth metals.

Trends and Implications of International Standardization for Rare Earths (희토류 관련 국제표준 동향 및 시사점)

  • Abbas, Sardar Farhat;lee, Sang-Hyun;Lee, Bin;Kim, Bum-Sung;Kim, Taek-Soo
    • Journal of Powder Materials
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    • v.25 no.2
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    • pp.165-169
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    • 2018
  • Rare earth elements (REEs) are considered to be vital to modern industry due to their important roles in applications such as permanent magnets, automobile production, displays, and many more. The imbalance between demand and supply of REEs can be solved by recycling processes. Regarding the needs of industry and society, the International Organization for Standardization, Technical Committee 298 (ISO/TC298) Rare Earths has been recently launched for developing international standards on rare earth elements. In accordance with the suggestion of its constituents, it is tentatively working to develop the appropriate standards under five working groups (WG) on terms and definitions (WG1), element recycling (WG2), environmental stewardship (WG3), packaging, labelling, marking, transport, and storage (WG4), and testing analysis (WG5). The scope and structure of ISO/TC298 on the topic of rare earths is discussed in this document.

Collaboration through the Asia Pacific MPS Network (APMN), Asia Pacific MPS Registry (APMR), and Association for Research of MPS & Rare Diseases (ARMRD)

  • Cho, Sung Yoon
    • Journal of mucopolysaccharidosis and rare diseases
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    • v.1 no.1
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    • pp.2-4
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    • 2015
  • Though the rate of incidence of each rare disease, including mucopolysaccharidosis (MPS), is low, this is not the case if they are taken as a whole. Rare diseases often have genetic causes and vary in type. However, the signs and symptoms vary greatly by disease, making it difficult to make accurate diagnoses and conduct necessary research, which is why we believe it is a field that deserves more attention and research. It is important to establish an infrastructure of experts in each country and promote cooperation within the Asia-Pacific region in order to improve specialist training and communication. Given the need for a system of cooperation, the Asia Pacific MPS Network (APMN) was established by several MPS experts in South Korea, Japan, and Taiwan in January 2013. Thereafter, the Asia Pacific MPS Registry (APMR), an electronic remote data system, was established by the APMN. Then, the Association for Research of MPS & Rare Diseases (ARMRD), an academic society that supports research on MPS and other rare diseases, was established by President Dong-Kyu Jin in April in 2015. The main task of the ARMRD is to support APMN-related work. The ARMRD published a uniform guideline that reflects the characteristics and circumstances of local patients through the Korean MPS Expert Council. Now, the APMN, APMR, and the annual Korean MPS Symposium are supported by ARMRD. Organizations like the APMN and APMR are necessary because international cooperation and collaboration are needed to conduct clinical trials on those diseases. ARMRD members hope to encourage the interest of experts and researchers of MPS & rare diseases as well as active participation in the research and treatment of patients suffering from rare diseases, including MPS, to ultimately improve the quality of life of the patients as well as their families.

Study on the Ion Exchange Mechanisms of Rare Earth Elements in Several Elution Types (II) (희토류원소의 여러 가지 용리형태의 이온교환 메카니즘에 관한 연구 (II))

  • Ki-Won Cha;Sung Wook Hong
    • Journal of the Korean Chemical Society
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    • v.35 no.5
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    • pp.553-559
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    • 1991
  • The elution characteristics of rare earth elements in $NH^{4+}$ form cation exchange resin had been investigated. Elution were performed varing the loading amount, column diameter, column length and eluent pH. Analysing the chemical species contained in each effluent, elution mechanisms of rare earth elements and the separation of rare earth elements in monazite could be understood. The resolution values of adjacent rare earth elements were improved increasing rare earths adsorption amount wfith the same column within it's exchange capacity. With $NH^{4+}$ resin form, column length does not affect on the resolution values and retention time of rare earth elements and the rare earth-EDTA complex were not adsorbed on $NH^{4+}$ resin form. pH of eluent affected on the reactivities between rare earth elements and EDTA. Decreasing eluent pH, resolution values of adjacent rare earth elements were increased while increasing elution time.

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