Fluorspar price increase again? Hebei Province canceled 6 fluorite mine mining license

        On November 15, the Hebei Provincial Natural Resources Department issued a notice on the cancellation of 44 prospecting licenses mining licenses such as Chengde County Xiangyuan Iron Mine.

      Ltd., Weichang Manchu Mongol Autonomous County Qinglong Fluorite Mining Co., Ltd., Weichang Manchu Mongol Autonomous County Ruifeng Mining Co.

       Fluorspar is a world-class scarce resource similar to rare earths, known as the "second rare earth", with significant strategic value, non-renewable, it has a wide range of uses and important. Fluorspar is the only mineral that can provide fluorine in large quantities, and it is widely used in strategic emerging industries such as new energy and new materials, in addition to traditional chemical and metallurgical industries, and plays an important role in national defense, military, nuclear industry and other critical national lifelines.

      According to the content of calcium fluoride, it can be divided into acid grade fluorite concentrate, metallurgical grade fluorite concentrate, high grade fluorite lump ore and common fluorite raw ore. Fluorspar and hydrofluoric acid are the starting point of the fluorine chemical industry chain, among which acid grade fluorspar concentrate can be used to produce hydrofluoric acid, which is one of the basic raw materials of the fluorine chemical industry and is the main source of almost all fluorine elements. Countries around the world, especially developed countries, classify fluorspar as strategic materials and implement protective mining and import-oriented policies, and China included fluorspar resources in the four major strategic non-metallic mineral resources in 2016, and its strategic significance and valuable resource attributes have become increasingly prominent in recent years.

                                                                                                                                            Source: Hebei Department of Natural Resources