Korea is also working on securing it's own rare earth supplies by taking a stake in Frontier. The aim is to have 20,000 tonnes of separated REO per year by the second half of 2015.
http://www.proactiveinvestors.com.au/companies/news/37417/kores-closes-deal-for-10-stake-in-frontier-rare-earths-zandkopsdrift-project-for-238-mln--37417.html
future rare earth prices, page-15
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