Sunday, November 21, 2010

'Rare Earth' Exploitation Could Begin by 2015: Officials

Kong Sothanarith, VOA Khmer
Phnom Penh Friday, 19 November 2010

“It means they haven't found enough minerals to exploit."
Cambodia expects the exploitation of “rare earth” materials in 2015, but officials say there is no clear data for its potential.

China produces the vast majority of the minerals, which are critical in the construction of today's hi-tech goods, but experts say some of those materials may be found in Cambodia.

Companies have already begun exploring parts of Cambodia for the rare materials, but none have confirmed an intent to exploit them in earnest, Cambodian officials say.

“We receive from time to time the data, but due to the lack of a real outcome, we don't have confirmation about exploitation from any one company,” said Suy Sem, Minister of Industry.
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