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Japan and Kazakhstan Plan Rare Earths Metals Alliance

4:07 AM MDT | April 30, 2012 | Natasha Alperowicz

Japan and Kazakhstan are planning to develop rare earths metals production facilities in Kazakhstan to cater for the electronics and automotive industries and to reduce Japan’s reliance on China, according to the Japan daily Asahi Shimbun. Yukio Edano, Japan’s trade minister is expected to meet officials from the Kazakhstan government, including president of the former Soviet republic, Nursultan Nazarbayev in early May to sign agreements, which will pave the way for Sumitomo Corp., Japan Oil, Gas and Metals National Corp., and Kazatoprom (Astana...

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