Japanese investment in rare earth refinery in Jamaica will be put into operation

Teeth media reports, Jamaica technology, energy and minerals minister Powell said, Nippon Light Metal Company invested 300 million teeth tooth Andrew Yuan (about $ 3,000,000) from bauxite refining building rare earth plant has now completed more than 95% factories also have all the necessary equipment imports in place.

Plant is completed, the Japanese company will extract bauxite REE. The ultimate goal is an annual plant extract 1,500 metric tons of rare earths. All plant operating costs will be Japanese company. In January this year, according to media reports teeth, Nippon Light Metal Company in Jamaica bauxite (clay) sediments found in high concentrations of rare earths.

Powell said, I believe this is a successful demonstration project. In fact, we will soon start the factory with Japanese companies operating in the commercial negotiations. Currently, all rare earth production demonstration plant jointly owned by the two sides.

Jamaica Bauxite Institute and Nippon Light Metal Company in September 2012 signing of the Memorandum of demonstration projects.


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