Catalytic system and process for the preparation of elastomers by means of this system

The present invention provides a catalytic system that can be used to prepare by polymerization diene elastomers comprising polyisoprenes and polybutadienes. The invention also provides a process for the preparation of the catalytic system and to a process using the catalytic system to prepare diene elastomers comprising polyisoprenes having a high cis-1, 4 linkage content and polybutadienes. The catalytic system according to the invention is based on (a) a conjugated diene monomer, (b) an organic phosphoric acid salt of a rare earth metal, (c) an alkylating agent consisting of an alkylaluminium of the formula AlR3 or HAlR2, and (d) a halogen donor consisting of an alkylaluminium halide, and is such that said salt is suspended in at least one inert and saturated aliphatic or alicyclic hydrocarbon solvent and, the “alkylating agent : rare earth salt” molar ratio ranges from 1 to 5.