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Reuters reported that Japan is trying to diversify its rare earths’ source away from China, who currently feeds 90 percent of their supply.
Reuters reported that Japan is trying to diversify its rare earths’ source away from China, who currently feeds 90 percent of their supply.
As quoted in the market report:
The push to diversify supplies comes during a period of tension between the neighbours over the disputed ownership of a string of small islands in the East China Sea. China held back shipments of rare earths to Japan in 2010 after a dispute.