Source: Eurasia Capital                   Date: 09 December, 2010

Japan and Mongolia will be jointly developing lithium projects starting from the next year, the Nikkei newspaper has reported. The Mongolian Government, Japan Oil Gas Metals National Corporation (JAGMEC) and the National Institute of Advanced Industrial Science and Technology of Japan will cooperate to develop lithium from the salty lakes of Mongolia. Science institutions and research departments of Japanese companies will become more active in Mongolia in the coming days, offering their expertise in exchange for cooperation in natural resource development.