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Varun Industries to Sell Rare Earth Mined from its Madagascar Blocks to India

Investing News Network
Jul. 22, 2011 04:19PM PST
Rare Earth Investing

The Economic Times reported that Varun Energy Corporation has agreed to sell rare earths to India.

The Economic Times reported that Varun Energy Corporation has agreed to sell rare earths to India.

The market news is quoted as saying:

Varun had recently announced a discovery of 266.8 million tonnes of heavy minerals, which includes critical rare earth used by the technology industry and titanium minerals, from its 10 blocks in Madagascar.

To read the full market news, click here.

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