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Sumitomo (SMMLY.PK) and Mitsubishi (MSBHY) have closed a deal to import 4000 tonnes of rare...

Sumitomo (SMMLY.PK) and Mitsubishi (MSBHY) have closed a deal to import 4000 tonnes of rare earth metals from California. Combined with other deals made since China's unofficial embargo in September, Japan's dependence on China for the metals has been halved for next year and could be nearly eliminated by 2015.
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