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Japan discovers large quantity of rare earth, hopes to break Chinas chokehold on supply

2013-03-25 19:45:09| Extremetech

Good news! Japan has just discovered a large amount of rare earth elements in the seabed around Minami-Tori-shima island. While this is a boon to the tech field and consumers alike, this news undoubtedly comes as a disappointment for China. Turns out, that near-monopoly on rare earth materials was short lived for everyone's favorite communist state.

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