Nippon’s rare earths project in Jamaica on hold

By Antonio Torrisi
Published: Thursday, 07 August 2014

Dull demand and prices in the rare earths market have led Nippon Light Metal to take the decision to stop developing its red mud beneficiation-based project in Jamaica. The Japanese company will continue refining the process while waiting for more profitable market conditions.

Japan-based Nippon Light Metal Co. and the Jamaican government have decided to stop developing a process to extract rare earths from red mud effluent left over from bauxite refinement, due to unfavourable market conditions. Nippon and the Jamaican Bauxite Institute (JBI) said the decision was taken as current low prices...

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