Asian Rare Earth News
Japan to China: Let's talk
Asian Rare Earth News
Wednesday, 05 January 2011 13:17

Japanese Trade Minister Akihiro Ohata said today he would like to talk with China soon about maintaining a steady supply of rare earths from the world's largest supplier. He was quoted in Reuters after a news conference Wednesday saying, "I'd like to go before the regular parliament session starts (later this month)." Japan has been busy shoring up agreements to obtain a pipeline of rare earths from a diverse list of nations both on the Asian continent and elsewhere.

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Chinese rare earth exports cut another 11 percent
Asian Rare Earth News
Tuesday, 28 December 2010 11:43

The Commerce Ministry in China announced today that it will cut its shipments of rare earth minerals by more than 11% for 2011. China's rare earth export quotas in 2010 already declined by 40% from 2009 levels.

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Rare earth export tax to be imposed
Asian Rare Earth News
Tuesday, 14 December 2010 10:17

With a lot of pressure through international forums for China to let the yuan float upward, China may be following another path. China is raising export taxes on key commodities and materials including rare earths. English News China (News.Xinhuanet) reports that the Ministry of Finance in China is planning to raise taxes on export of some rare earths effective January 1st, 2011. Neither rates nor specific rare earths were mentioned in the statement on the ministry's website. The rationale was unrelated to exchange rate references and rests on energy savings and environmental protection.

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South Korea looks beyond Asia for rare earths
Asian Rare Earth News
Friday, 03 December 2010 11:19

Kores, the Korea Resources Corporation is looking beyond Asia to secure rare earth supplies, Bloomberg reports. “We have currently Africa, Central Asia, Mongolia and Vietnam in mind,” the chief executive of the state-run company said, referring to the potential for joint development projects. This week, the company was also scheduled to meet with an Australian mining interest to discuss a cooperative project. No additional information was available.

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Chinese rare metals shipments resume to Japan
Asian Rare Earth News
Sunday, 28 November 2010 14:29

Trade Minister Akihiro Ohata confirmed that two cargo ships stocked with rare earth metals left China on Nov. 22 and 23, after China eased an unofficial ban on the exports, which began last September. The minister said he expects more shipments in the coming days, according to Reuters.

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Japan and Mongolia discuss rare earth minerals
Asian Rare Earth News
Wednesday, 17 November 2010 17:53

The president and first lady of Mongolia are being hosted by top Japanese officials in Japan this week. President Elbegdorj Tsakhia will be meeting with Japan’s Minister of Economy, Trade and Industry (METI) Akihiro Ohata, among other officials, it was reported in the UB Post.

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