Lighting industry will not be diluted for your rare earth demand has been significantly reduced

Deputy director of research center Hu Xuefang Keheng shares held on 12 2013 at the annual meeting of the international rare earth, due to various reasons, the lighting industry demand for rare earths have been substantially reduced, and the peak period (2010, 2011) compared to the europium oxide and terbium oxide demand has decreased by 60%-70%.

Hu Xuefang said, due to a substantial reduction on demand of the lighting industry are: the global economic downturn, coupled with the substitution of LED, the fluorescent lamp demand dropped to about 20%-30%; improvement, coating process of high phosphor powder appeared saves the amount of powder, fluorescent powder reduced demand of phosphor technology improved by 50%-60%; with the recovery powder reduced the amount of rare earth.

According to its said, in 2012 the domestic rare earth phosphor production and sales of about 4000 tons, while the production capacity of 30000 tons, capacity is far greater than demand".

She said that this year, sales of rare earth phosphors and probably last year, about 4000 tons, while in 2010, in 2011, when sales of rare earth phosphors are about 8000 tons, but some of them are inventory".

Hu Xuefang pointed out that the proportion of rare earth luminescent materials cost is about 80%, and the luminescent materials of rare earth downstream applications accounted for the proportion is only 6%, so the lighting industry to significantly reduce the impact on the demand of rare earth rare earth industry co..