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India to develop rare earth development program wa
India is developing a rare earth development plan to fill the gap in the market left by China to restrict exports. India is second only to China, the world's second largest rare earth producer and exporter country.
According to reports, the state-owned Indian Rare Earth (Indian Rare Earths Ltd) has recently decided to restart the eastern state of Orissa, a large rare earth development projects, the project has developed can not be set aside in 2004 and the China Rare Earth competition. A company official said, the fastest of the project may be put into operation in September this year, the outlook is very optimistic.
However, the U.S. Geological Survey research report that, even if India's efforts to make every effort to increase the rare earth production, and still can not compete with China in the short term.
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