Indian Prime Minister Modi will visit Japan on August 31, people have yet to Japanese media have reported visit to Japan & ldquo; achievements & rdquo ;. "Japanese Economic News" reported on the 28th in the headlines, Japan and India will reach an agreement on September 1, imports of rare earths from India.

The report said that Japanese Prime Minister Shinzo Abe and Modi at the Tokyo talks, the Japanese companies and Indian companies to achieve common development and production of rare earth contract, the negotiations have been conducted for several years. Starting early next year in February, 2000-2300 tons of rare earth will be shipped from India to Japan. This is probably for the Japanese production of rare earths by 15% of the total.

"Japanese Economic News" commented that, before more than 90 percent of Japan's rare earths are imported from China, but since the collision occurred in Japan and Diaoyu Islands waters, China has reduced the amount of rare earth exports to Japan, making Japan uneasy. Since then, the Japanese government actively to increase rare earth import channels, and is committed to the development of substitute materials of rare earth, but there are still 60% of the rare earths to be imported from China. Imported from India to make rare Japanese imports of rare earth tend to diversify further, change the status quo of China's dependence. Apart from India, Japan is also working with Vietnam, Kazakhstan negotiate joint production of rare earth projects in order to diversify risk.

Indian leaders meeting in Japan & ldquo; China issues & rdquo; still more than rare. Japan's NHK television reported that Abe will be out for the China National Offshore activity is frequent, and India to discuss strengthening cooperation between the security field, the establishment of diplomatic and defense between Japan and India's cabinet members level consultation mechanism, and promised to provide loans to India. Japan's "Daily News" commented that the Indian Ocean is connected to the Middle East and other places in East Asia maritime traffic. China in recent years in the South Asian countries to strengthen the influence, Japan and India will issue a joint statement by the leaders of the talks between the two countries to strengthen the joint.

However, Japan and India would like to look into the honeymoon period is not easy. According to Japan's "Yomiuri Shimbun" reported on the 26th Fair Trade Commission of India to Japan in India 14 companies out of high fines, the amount of up to 43.2 billion yen (about 2.558 billion yuan). Right now, Japanese companies have expressed strong dissatisfaction against this practice in India relevant departments.


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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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According to reports, USA and Australian officials have discussed how to develop rare earth resources in Australia, the meeting seems to involve Mary Kathleen uranium before, according to a study by Queensland's chief geologist Brad John, the mineral containing rare earth resources 7000000 tons. The uranium was discovered in 1954, has experienced several times of mining, until 1984, shutting down. Local mining officials hope mine project to restart, also began to attract mineral company to develop through bidding.


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