Japan Finds Rare Earth Mud Near Remote Island
An analysis of rare earth-rich mud retrieved from the deep seabed off a remote Pacific Island earlier this year found medium and heavy rare earth elements accounted for about 54% of the total rare earth content, Japan's government said on Friday.But it did not disclose the size of the content or the deposits, saying the data was insufficient due to the limited duration and geographic scope of sampling.The Japanese scientific drilling vessel, Chikyu, completed a month-long mission in February near Minamitori Island…
Siemens Gamesa Talks European Production with Chinese Rare Earth Suppliers
Wind turbine maker Siemens Gamesa is in talks with Chinese suppliers of rare earth permanent magnets about the possibility of bringing production to Europe, in a bid to cut the region's reliance on imports after curbs on supplies from China.Delays in Chinese rare earth export permits have caused European car makers and their suppliers to scramble for alternatives in a market that is dominated by the world's No. 2 economy, threatening production stops across the continent.The wind sector also depends on rare earths processed in China…