Japan Oil, Gas and Metals National Corp. will offer financial support if domestic companies invest in rare earth mines, such as Lynas Corp.?s Mt. Weld project and Molycorp Inc.?s Mountain Pass mine, said Toshihiko Hayashi, director general of the state-owned agency?s metal exploration division. More than 10 trading houses and parts makers are interested in joining overseas projects, he said, without naming companies.
full article here
http://www.businessweek.com/news/2010-11-11/china-has-to-restrict-rare-earth-exports-group-says.html
Its all looking good still.
deutsche bank buy recommendation, page-2
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