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    market news

    Russia to Foray into Rare Earth Metals Market

    Investing News Network
    Jun. 28, 2011 11:19AM PST
    Rare Earth Investing

    The Voice of Russia reported that Russia intends to become a bigger player in the rare earths market.

    The Voice of Russia reported that Russia intends to become a bigger player in the rare earths market.

    The market news is quoted as saying:

    Earlier this year, huge deposits of rhenium, germanium, indium, hafnium and other rare earth metals were discovered on the Kuril Islands in the Russian Far East. As for rhenium, which is used in oil, metal and electronic industries, its annual production in Russia may soon amount to more than 26 tons, experts said.

    To read the full market news, click here.

    rare earth metalsrussiamarket news
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