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Japan will shower private industry with $80B in an attempt to cut rare metal usage by one third....

Feb. 25, 2011 1:13 PM ETMolycorp, Inc. (MCP) StockREE-OLD, SHZ, REMX, MCPBy: Stephen Alpher, SA News Editor2 Comments
Japan will shower private industry with $80B in an attempt to cut rare metal usage by one third. "By reducing the use of rare earths, finding alternatives, promoting recycling and diversifying supplies, we will escape dependence," says the official statement.

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