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India, Japan ink pact on rare earths export

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MontyB
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« on: 21 November 2012, 23:04:15 »
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India, Japan ink pact on rare earths export
By Ritu Sharma | ENS - NEW DELHI
17th November 2012 09:52 AM

With China tightening control over the export of rare earth mineral used in mobile phones, hybrid cars and missile guidance systems, Japan on Friday inked a trade pact to import over 4,000 tonnes of the rare earths from India - second largest producer in the world.

The pact, along with an agreement for social security, was signed between the two countries despite Prime Minister Manmohan Singh putting off his Tokyo trip.

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