Wednesday, February 13, 2013

Japanese firm begins ‘rare earth’ mining in Jamaica | UHY Dawgen Chartered Accountants Blog

Japanese firm begins ‘rare earth’ mining in Jamaica | UHY Dawgen Chartered Accountants Blog

image Nippon Light Metal breaks ground on US$3 million project that PM Portia Simpson Miller says can boost Jamaica’s export earnings significantly.
KINGSTON, Jamaica, Thursday, February 7, 2013 – Nippon Light Metals has broken ground on its red mud pilot plant on the grounds of the Jamaica Bauxite Institute (JBI) in Hope Gardens, St. Andrew.
For the next three months the Japanese aluminium firm will be extracting rare earth elements from Jamaica’s red mud as the focus of its US$3 million pilot project, which Jamaican officials are hoping will earn the country far more in export potential than its current aluminium exports.


Read more:
http://www.dawgen.com/blog/japanese-firm-begins-rare-earth-mining-in-jamaica/

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