Japanese Group Secures Rare Earth Supply Cooperation

Japan Times reported that a friendly agreement has been signed between Okinawan and Mongolian goodwill groups to supply rare earths to Japan.

As quoted in the market news:

The deal, an unusual product of grassroots diplomacy, may help stabilize Japan’s supply of rare earth metals, sources said. More than 90 percent of the world’s rare earth metals come from China, with Inner Mongolia being the largest area of production.

Click here to read the full Japan Times report.