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    market news

    Japanese Researchers Uncover High Concentration of Rare Earth Elements in Jamaican Red Mud

    Investing News Network
    Jan. 16, 2013 07:47AM PST
    Rare Earth Investing

    The International Business Times reported that Japanese researchers have discovered rare earths elements in high concentrations in the red mud of Jamaica.

    The International Business Times reported that Japanese researchers have discovered rare earths elements in high concentrations in the red mud of Jamaica.

    As quoted in the market report:

    Philip Paulwell, Jamaica’s minister of Science, Technology, Energy & Mining, said in a statement to Jamaica’s Parliament that the rare earths discovered by the Nippon Light Metal Co. Ltd. can be efficiently extracted. In fact, he added, plans for a pilot extraction programme have already begun.

    To view the whole International Business Times report, click here.

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