OBAMA-NODA DEAL ON RARE EARTHS WELCOMED BY MINERAL EXPERTS IN JAPAN AND THE USA
April 1st, 2012
BY LEAH GERMAIN AND MARTIN FOSTER, IN TOKYO
MOLYCORP Inc, the key United States rare earths producer, has welcomed a new partnership between the US and the Japanese government that seeks to diversify the global supply for rare earth metals. On April 30, President Obama met with Japanese Prime Minister Yoshihiko Noda to discuss the development of a joint critical minerals and development project - an alliance between the two countries, where they will share new technology used in the production and recycling of rare earths.
"Diversifying the supply of rare ...
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