Russia investing USD1bn in rare earths, aims to counter China’s dominance
Russia's Rostec, IST Group plans to extract 40,000 tonnes of rare earths over seven or eight years starting from 2015
Russia will invest USD1bn in rare earth production by 2018 to counter dependence on China’s rare earths which currently account for 90% of the global supply, reports Reuters. Rostec and the IST
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