Japan plans to mine rare earth metals in Vietnam, Japan says it hopes to mine in Vietnam for rare earth metals used in high-tech manufacturing.
The trade ministry said Friday the proposed deal could help reduce Japan's dependence on China for the exotic metals used in products from mobile phones to hybrid car components.
China produces some 97 percent of the world's supply of rare earths.Japanese companies say China has blocked rare earths shipments to Japan since Sept.
21 in possible retaliation for Tokyo's arrest of a Chinese fishing boat captain near disputed islands.
Thursday, October 21, 2010
rare earth | Japan plans to mine rare earth
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