Rare earths are a group of 17 chemically similar elements composed of scandium, yttrium, and the lanthanides that are abundant in nature, but difficult and dirty to extract. Photo: Reuters
Rare earths are a group of 17 chemically similar elements composed of scandium, yttrium, and the lanthanides that are abundant in nature, but difficult and dirty to extract. Photo: Reuters
Rare earths

US-led rare earths pact satisfies South Korea’s ‘definite need’ to cut China dependency

  • South Korea joined the US-led Minerals Security Partnership earlier this month alongside the likes of Germany, France, Britain, Australia and Japan
  • Australian Strategic Metals has also invested in South Korea to set up a joint venture to produce rare earth metals which will be turned into magnets for use by Hyundai

Rare earths are a group of 17 chemically similar elements composed of scandium, yttrium, and the lanthanides that are abundant in nature, but difficult and dirty to extract. Photo: Reuters
Rare earths are a group of 17 chemically similar elements composed of scandium, yttrium, and the lanthanides that are abundant in nature, but difficult and dirty to extract. Photo: Reuters
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