Mongolia
May 10, 2011
Mongolia has been chosen by the two countries to open a nuclear wastes storage site for their companies radioactive waste.GE-Hitachi and Toshiba-Westinghouse are two of the three largest nuclear equipment suppliers in the world and have big plans to export billions of dollars of reactors to emerging markets.These will generate huge levels of waste which would need disposing of.Mongolia is a convenient dumping ground as it a developing country with lax environmental laws.The country has big plans for uranium extraction and building on nuclear power plants as well.Another case of dumping of toxic waste on developing countries by developed countries.Note the citizens of Japan and USA have made life difficult for those wanting to construct permanent nuclear waste storage facilities.Having failed to dump dangerous waste near their citizens,the government of these countries plan to dump the radioactive waste on poor citizens of Mongolia.
November 29, 2010
Toshiba,the Japanese Conglomerate with diversified interests in Electronics,Nuclear Energy Equipment,NAND Memory is leading the Japanese Search for Rare Earth Minerals.Fears of Chinese monopoly over production of REE came true,when Exports to Japan were blocked over a shipping incident.EU and USA have long been concerned with the Chinese control of 95% of the global REE production with USA even thinking of taking China to the WTO.Japan has recently drastically increased its investment into finding new sources of Rare Earth with recent deals with Vietnam,India,Kazakhstan and others.Sojitz, a Trading Zaibatsu recently signed a long term supply deal with Lynas.Toshiba is the other Japanese firm actively scouting for Rare Earth Minerals looking for newer processes and geographies.