Kazakhstan will put $800M toward rare-earth mining projects

04/5/2011 | Bloomberg

Kazakhstan's state-owned uranium company plans to invest $800 million in joint ventures with Russian and Japanese firms to mine rare-earth metals. Kazakhstan's Kazatomprom, Russia's Rosatom and Japan's Toshiba and Sumitomo are moving forward as China, which produces 95% of the world's rare-earth metals, curbs production and exports.

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