China holds about 35 per cent of global rare earth reserves, according to data from Counterpoint Research. Photo: Reuters
China holds about 35 per cent of global rare earth reserves, according to data from Counterpoint Research. Photo: Reuters
Taiwan

Taiwan wants to reduce reliance on mainland China for rare earth minerals. It won’t be easy

  • The Taiwanese government and private sector are looking for ways to diversify rare earth imports away from China, which holds the world’s largest reserves
  • But analysts say it will be an uphill battle because the mainland has an advanced processing system, economy of scale and the only known stocks of key minerals

China holds about 35 per cent of global rare earth reserves, according to data from Counterpoint Research. Photo: Reuters
China holds about 35 per cent of global rare earth reserves, according to data from Counterpoint Research. Photo: Reuters
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