Further Activity in Rare Earth Metals in China and Japan

Japan's Government has said that it intends to source half its needs for Rare Earth Metals from outside China by the middle of 2013. Japan's trade minister has told his country's parliament that the intention was to further diversify sources of suppliers, support technological development to cut the amount used and to promote recycling. Now Japan has agreements to source 4,100 tonnes of rare earth from India, 400 tonnes from Kazakhstan and 9,000 tonnes from Australia.

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