Russia to invest $1 bln in rare earths to cut dependence on China
MOSCOW, Sept 10 (Reuters) – Russia will invest $1 billion in rare earths production by 2018 in a bid to become less dependent on China, which controls more than 90 percent of global supply of the elements used in sectors including defence, telecommunications and renewable energy.
http://www.reuters.com/article/2013/09/10/russia-rareearth-china-idUSL5N0H51K920130910
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