Japan earmarks $650m. to develop rare earths and other minerals

By Mark Watts
Published: Wednesday, 05 January 2011

$240m. committed to funding overseas rare earth projects as China cuts exports

The Japanese government has reportedly earmarked yen (¥) 53.3bn ($650m.) to secure future supplies of rare earths and other strategic mineral resources.

Japan’s reliance on China as a source of the material was shown to...

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