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Japan to Collaborate with India for Rare Earths Supply

According to multiple reports, Japan and India will ink a deal to send 2,300 tons of Indian rare earths to Japan annually as the country looks to reduce its reliance on China for its rare earths supplies.

Shinzo Abe, Prime Minister of Japan and his Indian counterpart Narendra Modi will sign the agreement at a summit meeting in Tokyo in early September that also includes nuclear agreements, a commitment towards “peaceful development” and a series of loans that Japan will […]

September 18th, 2014|Blog

Massive Consolidation Planned in China’s Rare Earths Industry

For the hundreds of companies mining rare earths in China, big changes are on the way. The Chinese government recently announced approval of two large rare earths mining conglomerates to be formed by the end of the year.

Inner Mongolia Baotou Steel Rare-Earth Hi-Tech Co. was approved to integrate the mining companies in the northern regions. It will establish the company, China North Rare Earth High Tech Co Ltd., including all three key operations in the rare earth supply chain—mining, […]

August 29th, 2014|Blog

Chinese Magnets Producers Seeking to ‘Cash In’ on Key Patent Expiration

Twelve Chinese companies are fighting back against what they believe is an illegal stranglehold on certain rare earth magnets used in everything from Apple’s iPhone to Toyota’s electric cars.

The controversy involves Japanese company, Hitachi, the company that owned 600 patents for neodymium iron boron magnets. Neodymium iron boron accounts for about half of all rare earths consumption. The company’s total patent portfolio is said to include more than 1,000 patents in the United States, China, and Japan.

In 2012, Hitachi […]

August 20th, 2014|Blog

Rare Earths Used in New Anti Counterfeiting Measures

You probably know some of the traditional uses of rare earth metals—cell phones, DVDs, computer memory, catalytic converters in automobiles, and florescent lighting just to name a few but scientists have found a use that has people excited.

Counterfeiting is a crime of massive proportions. Statistics show that 2 to 5 percent of all international trade involves counterfeit goods. Companies spend more than $14 billion each year to battle the problem and even more shocking, estimates show that at least […]

July 29th, 2014|Blog

The Mining Industry is Still a Man’s World

It’s a man’s world. That’s the conventional wisdom when it comes to the mining sector. According to the 2013 study, “Mining for Talent,” the mining sector has the lowest number of women on company boards of any industry group in the world.

According to Reuters, Lynas Corp, an Australian rare earths miner, replaced outgoing CEO Eric Noyrez with Amanda Lacaze, a veteran Telecommunications CEO. This made headlines largely for the fact that Lacaze is one of a […]

July 10th, 2014|Blog