TOKYO -- The Japanese government decided Tuesday to restrict access to the nation's rare-earth resources to a roster of approved miners to protect offshore deposits within its exclusive economic zone.
State-backed company to invest in projects to speed up development
Global demand for rare earths is estimated to surge by as much as a factor of 13 by 2040. © Reuters
TOKYO -- The Japanese government decided Tuesday to restrict access to the nation's rare-earth resources to a roster of approved miners to protect offshore deposits within its exclusive economic zone.