Japan budgets $650 mln for rare earths, resources
Investing News Network - January 6th, 2011
Reuters.com reports that Japan has set aside $650m to acquire rare earth minerals and natural resources.
Reuters.com reports that Japan has set aside $650m to acquire rare earth minerals and natural resources.
The story is quoted as saying:
Resource-poor Japan is stepping up its efforts to secure such resources from abroad and at home, in particular after China’s de facto ban on exports of rare earths last year highlighted their importance to Japan.