Japan Eyes Rare Earth Deal with Myanmar

Source: Japan Times  (9/26/11)

"Japan attempts to diversify its supply chain for rare earth metals."

Japan Times

Japan plans to jointly develop rare earth metals and other natural resources with Myanmar as it attempts to diversify its supply chain for the minerals, which are used in a slew high-tech goods, sources close to the matter said Sunday.

The move was prompted by China, which virtually has a monopoly over rare earth metals but reportedly stopped shipments to Japan last year during an escalating diplomatic spat. . .View Full Article