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...

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


           



Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.