Japan and India intends to develop rare earth enterprises

Comprehensive Japanese media reported that Toyota Tsusho and other Japanese enterprises have basically reached a consensus with the Indian companies will jointly develop rare earths in India, and in 2015 exports to Japan. Japanese Prime Minister is expected Shinzo Abe and Indian Prime Minister Modi will show support to develop during talks in Tokyo on September 1. It is reported that export scale will reach one thousand tons or more.

Japanese and Indian companies from a few years ago began negotiations around the issues of rare earth exports, and now finally settled in terms of price. The Japanese and Indian firms to jointly develop rare earth rich sources of procurement or Japanese companies, is expected to achieve a stable supply.

Japanese Prime Minister Shinzo Abe and Indian Prime Minister Modi recently to reach a common production plan at the Tokyo summit. It is reported that Indian companies from uranium and thorium ore production of mixed rare earth materials, the use of Toyota Tsusho production of electric and hybrid vehicles required for rare earth materials neodymium, lanthanum, cerium and praseodymium and other rare earth materials.

India hopes among Japan's Prime Minister Modi's visit to get support for a nuclear agreement and its huge market to attract investment.


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