22 May '11, 4pm

Japan Wants to be World Leader in Rare Earth Recycling

[ED Note: This ties in well with John Petersen's article last week about Lithium-ion battery recycling . In both cases, it's about price, and China's actions are making Rare Earths expensive.] Necessity is the mother of invention and Japanese industry is discovering just how true that old saying is. Last year, a diplomatic spat between Japan and China led the world’s largest supplier of Rare Earth Elements (REEs) to suspend exports of Rare Earth oxides and other critical metals to its largest single client. Japan, like the rest of the world, is almost totally reliant on Chinese Rare Earth (RE) exports and the China’s action, which came as a shock to Japanese industry, is a sentient warning for the rest of the world. But just as Japanese industry parlayed the oil shortages of the 1970s into the development of a new world leading, fuel efficient automobile industry, Japan ho...

Full article: http://www.altenergystocks.com/archives/2011/05/japan_wan...

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