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market news

South Korea Secures Rare Earth Supply

Investing News Network
Apr. 23, 2012 02:22PM PST
Rare Earth Investing

Yonhap News Agency reported that South Korea is ensuring ongoing supply of rare earths through joint venture agreements.

Yonhap News Agency reported that South Korea is ensuring ongoing supply of rare earths through joint venture agreements.

As quoted in the market news:

State-run Korea Resources Corp. (KORES) has successfully secured 1,000 tons of the element through two joint venture projects in China, the ministry said. KORES has also reached a deal to develop 6,000 tons of the industrial material in South Africa.

Click here to read the full Yonhap News Agency report.

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