India and Japan will jointly develop rare earth I want to compete in the field of China
- Details
- Category: Rare Earth News
- Published on Thursday, 21 May 2015 11:02
According to reports, Indian Prime Minister Modi convey important information to enhance India-China relations in the recent visit to China. On the other hand, India and Japan strategic cooperation in the production of rare earths will be launched to counter China's leadership in this field. Indian Rare Earth Company and Japan's Toyota Group, Toyota Tsusho Corporation has finalized an agreement to jointly deal with the mixed rare earth chloride.
It reported that the agreement laid the India-Japan partnership is the first step towards commercialization. India since the cause of the lack of competitiveness in 2004 and discontinued earth, the agreement marks the first time in 10 years, India's re-entry into the field of rare earth production. Officials said that India-Japan cooperation agreement between the two countries adhere to promote RE in response to China's rare earth supply uncertainty.
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