Thursday, November 25, 2010

China delivers rare earths to Japan again

The world's largest rare earth elements user, Japan, confirmed that delivery of the valuable metals by China has been resumed.
Trade Minister Akihiro Ohata said in a news conference that two ships from China carrying the prized minerals are arriving in Japan.
This happened two months after the Japanese government said exports were being held up by an altercation over the Diaoyu Islands.
Rare earth minerals are used in the manufacture of cars, screen televisions, computers, mobile phones, to guided missiles.
China is currently the largest producer of rare earth materials that constitute over 95 percent of the world's supply.
Report from RTHK

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