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    Worse rare earth shortages ‘yet to come’

    Investing News Network
    Jan. 26, 2011 09:39PM PST
    Critical Minerals Investing

    Japan Times reports that trade statistics have revealed the country’s import of rare earth minerals from China surged by more than 50 percent in the January-November period last year from the same period in 2009.

    Japan Times reports that trade statistics have revealed the country’s import of rare earth minerals from China surged by more than 50 percent in the January-November period last year from the same period in 2009.

    The editorial is quoted as saying:

    China suspended exports in September, only to resume them a few weeks later. Although there has been no news that production of smart phones and hybrid cars has been stalled because of a shortage of rare earth metals, Japanese trading houses and firms are trying to reduce their reliance on China.

    Click here to access the entire Editorial

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