Chinese Investors Interested in Greek Rare Earths

The International Business Times reported that Chinese investors have shown interest in mining rare earth reserves in Greece.

As quoted in the publication:

Greece is one of five European countries with rare earths metal and mineral reserves. The other four are Sweden, Finland, Norway and Denmark. Greece’s soil reportedly holds an estimated 40 billion euros worth (AUD57.32 billion) of mineral resources.

Greek Reporter said the Chinese investors interested in Greece’s rare earths have agreed to cooperate on a technical and scientific level. It added China has signified to utilize some of the mineral reserves in the future.

Click here to read the full article.