China’s de facto ban on rare earth exports to Japan imposed during the two countries’ diplomatic feud will propel Tokyo to seek new sources of the strategic minerals, according to Japan’s new economics and fiscal policy minister
Minister of state Banri Kaieda called on China to lift export restrictions “as soon as possible” in an interview with the Financial Times.
Mr Kaieda added that Japan would try to develop substitutes for their use in high-tech products.
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