Toyota eyes Canadian rare earth minerals

Excellent. Screw the Chinese.

great attempt of finding a way to avoid of depending china. senkaku accident of last year gave japanese companies a tension. btw, i want new hachiroku. gg toyota.

Great news. It is very unhealthy for a country with China's current way of thinking to control 95% of the rare earth market. I think I have read that the US is looking at restarting mining for rare earths in somewhere like California (?). That would be good too.

hatsoff, I doubt anyone is planning on mining rare earth metals in California, that state is a nightmare of regulation and bureaucracy. The state is even freezing the construction of wind farms and solar energy plants due to (ironically) environmental concerns. More likely they'd be mining in Utah or Nevada or just giving up and going to South America.

Berbert61 - I'm a bit sketchy on the exact geography but this report says a mine in Mountain Pass, California will re-open (owned by Molycorp Minerals).

http://www.fastcompany.com/1711148/rare-earth-mining-in-the-united-states-gets-a-second-chance

Does poutine count as a rare earth mineral? (somewhere a Canadian is laughing)