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Minor-metal stocks gain on fears of Beijing rare-earth ban

Japan and Australian miners seen as option if trade war cuts Chinese supply

U.S. players will likely seek out alternatives to Chinese rare earths should Beijing impose an export ban.   © Reuters

TOKYO -- Stock prices for Japanese and Australian producers of minor metals shot up on Wednesday as investors bet on alternatives to Chinese rare-earth suppliers amid speculation that Beijing could restrict exports to the U.S. as part of the ongoing trade war.

Japan's Toho Titanium and Osaka Titanium Technologies rose 3.8% and 3.6%, respectively, on the Tokyo Stock Exchange on Wednesday.

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