http://www.guardian.co.uk/business/feedarticle/9730725An...

http://www.guardian.co.uk/business/feedarticle/9730725

An underwater bonanza of rare earth deposits discovered by Japanese scientists poses little threat to miners already developing major rare earth projects on solid ground, analysts say....


TORONTO, July 6 (Reuters) - An underwater bonanza of rare earth deposits discovered by Japanese scientists poses little threat to miners already developing major rare earth projects on solid ground.
Companies such as Molycorp , Lynas and Avalon Rare Metals may rest assured that developing the offshore bounty could take decades and cost billions, making it little more than a pipe dream, analysts say

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