Posted in | Rare Earth Elements

The Battle for 'Rare Earth' Intensifies as Japan and Vietnam Partner

Japan is joining hands with Vietnam to mine rare earth minerals. The Japanese Prime Minister Naoto Kan said that Japan would also be building a nuclear power plant in the Southeast Asian country.

Rare-earth oxides: Clockwise from top center: praseodymium, cerium, lanthanum, neodymium, samarium, and gadolinium.

Tokyo is looking to reduce its dependence on China for rare earth minerals as China limits exports. Mr Kan said that the Vietnamese Prime Minister, Ngueyen Tan Dung feels that the decision to mine rare earth minerals together was a political and strategic one.

It is hoped by Japan that it will secure the mining rights to a mine in Lai Chau which is a north western province of Vietnam. Japan's Sojitz Corp and Toyota Tsusho Corp and a Vietnamese firm are conducting a feasibility study at a deposit in this location.

If the project takes off Japan will be able to meet 10% of its annual demand for rare earth minerals from the mine.

Japan is the third largest nuclear power generator in the world. It would make good sense for Vietnam to develop a nuclear power plant to meet the growing demand for electrical power in the country.

This news comes as Germany and the U.S. also look to sure up their supplies of rare earths from domestic and foreign ventures.

Joel Scanlon

Written by

Joel Scanlon

Joel, originally from the UK, emigrated to Australia in 1995 and spent 5 years working in the mining industry as an exploration Geo-technician where he developed skills in GIS Mapping and CAD. Joel also spent a year working underground in a gold/copper mine. Upon moving to the North Coast of NSW, Australia Joel worked as a graphic designer for a leading consultancy firm before starting a successful business providing graphic and web design services to local businesses on the eastern seaboard of Australia. Joel is skilled in project management, web programming, design, animation, database and networking, software and editing. Joel has been with AZoNetwork since its inception in 2000.

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    Scanlon, Joel. (2019, February 18). The Battle for 'Rare Earth' Intensifies as Japan and Vietnam Partner. AZoMining. Retrieved on May 23, 2019 from https://www.azomining.com/News.aspx?newsID=1075.

  • MLA

    Scanlon, Joel. "The Battle for 'Rare Earth' Intensifies as Japan and Vietnam Partner". AZoMining. 23 May 2019. <https://www.azomining.com/News.aspx?newsID=1075>.

  • Chicago

    Scanlon, Joel. "The Battle for 'Rare Earth' Intensifies as Japan and Vietnam Partner". AZoMining. https://www.azomining.com/News.aspx?newsID=1075. (accessed May 23, 2019).

  • Harvard

    Scanlon, Joel. 2019. The Battle for 'Rare Earth' Intensifies as Japan and Vietnam Partner. AZoMining, viewed 23 May 2019, https://www.azomining.com/News.aspx?newsID=1075.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Submit