America to Strengthen Cooperation in The Field of Rare Earth

It is reported that since China slashed rare earth export quantity of Japan as the world's largest importer of rare earths for seeking a new rare earth supply big companies such as Japan's sumitomo and Hitachi metals was started in December 2010 is speaking with the largest rare earth enterprises to discuss cooperation matters provided by Japan's investment, financing and technology output cooperative development of rare earth minerals supply the Japanese market in the United States, Japan's oil and natural gas and metal mineral resources institutions (JOGMEC) also plans to provide financial support, the Japanese government also actively promote behind but sumitomo cooperation negotiations with the United States was suspended in September Hitachi metals talks broke down in August also why is the price question mark put forward as same as China's rare earth prices Japan enterprise hard to accept.

Reported that U.S. chief executive of CEO mark Smith 6 every said exports to Japan again in the future, plans by the end of 2013 to the day supply of rare earth quantity expansion of 10 times, reached to 20000 tons, and will open office in Japan in November. But the report says, speaking difficult to repair the relationship with the Japanese companies.

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