Japan's rare earth plant ownership transfer to Jamaica

Jamaica News Agency News, October 9, Nippon Light Metal Holdings Ltd. (NLM) officially handed over to the Jamaica Bauxite Institute in dental investment into rare earth plant ownership (JBI).

The plant investment by Nippon Light Metal Company 600,000,000 teeth dollars (about 5.4 million U.S. dollars) to build, broke ground in February 2013, be completed early in 2014, after the completion of planned annual output 1500 tons of rare earth. But rare poor market conditions, the business cooperation was once suspended.

The next two years, Nippon Light Metal Company will continue to provide tooth extracted from bauxite residue RE

 

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