Tuesday 5 July 2011

Japan discovers vast deposits of rare earths on Pacific sea floor

If you are a fan of gadgets, you have used things that require rare earths in their construction. There are deposits of rare earths spread around the world, but the vast majority of the world’s supply of rare earths are in China. China has a very tight grip on rare earths exports allowing them to control the prices of the material and keep the price up.


China’s dominance may not last long though with a new discovery by Japanese researchers. Japan has found “vast”

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