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    cobalt investing

    Japan to Revise Mining Law

    Investing News Network
    Mar. 08, 2011 08:31AM PST
    Battery Metals

    Bloomberg reported that Japan is changing a mining law so it can develop valuable seabed resources.

    Bloomberg reported that Japan is changing a mining law so it can develop valuable seabed resources.

    The market news is quoted as saying:

    The ministry’s move to strengthen control of natural resources in the seabed within the country’s exclusive economic zone, or EEZ, comes after it last year revised legislation to allow state-owned Japan Oil, Gas and Metals National Corp. to help domestic companies acquire mining rights overseas.

    To read the full market news, click here.

    cobalt investing
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