Japan Accelerates to Get Out of China Rare Earth Reliance

Japan's Dependence on Chinese Rare Earth
In July 2012, the U.S. energy company Molycorp CEO Mark Smith stood at the high platform of Mountain Pass in California, overlooking the front of the equivalent of 200 Tokyo Dome huge mine and introduced to several Japanese reporters: "the mined ore inventory ran out two days ago before mine closure, and we just begin with a new production of rare earth ore mined once the production officially began, once it should be a steady stream to export to the Japanese companies." With the Sino-Japanese economic relations cooling, followed by political relations with the Japanese media worried that once again, China, as the largest rare earth manufacturer, is it possible to control exports of rare earths? Security Strategy of Japan's rare earth has once again been tortured. 80% of Japan's rare earth supplies from China. In fact, starting in 2010, Japan began to widely discuss the sources of supply of rare earth off the road. The Japanese side had to be painstakingly want to be able to get rid of the situation is extremely dependent on Chinese rare earth supply.

The Road of Japan "Rare Earth off China"
Over half of the rare earth supply in the world is from China. But the environmental pollution problems caused by this important resource exports and mining has been a point of controversy. In addition, in the past 20 years, China's domestic consumption has increased by 10 times. Since 2005, China has strengthened to restrict exports, and which makes Japan's high-tech industry in trouble, and this made a lot of domestic rare earth supplier lose their foreign markets. Japan's Kyodo News thinks that Japan-China collision occurred in 2010, and then China has rare earth export restrictions, substantial delay associated with Japan's import and export cargo clearance procedures in the various ports. Although Japanese media worried again restrict exports of rare earths, but generally agreed that the actual situation is very different from two years ago.

Japan and the U.S. Joint Hands in Rare Earth Industry
With the reduction of China's rare earth exports, the United States has a huge rare earth reserves began to re-production of rare earth, such as the United States energy company Molycorp7 of month announced the restart of the Mountain Pass, California rare earth mining. The company has the world's largest rare earth producers. In the past, once the world's largest rare earth mine, also in the history it has a close relationship with Japan. The mine began production in 1952, due to demand for CRT color TV and other operating smooth sailing. But since the 1980s, due to the price of Chinese enterprises offensive, the company's performance began deteriorating. The wastewater pipeline rupture accident occurred in 1998, the mine was forced to shut down in 2002.

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