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Russian billionaire looks to challenge China's supremacy in rare earths

Ana Komnenic | October 29, 2013 | 8:11 am Europe Potash 

Russian billionaire Alexander Nesis has a new project: Pulling out rare earth elements from discarded Soviet-era metals used during the construction of the atomic bomb, Bloomberg reports. Announcing a $1 billion investment in September, Nesis' ICT Group hopes to challenge China's...

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