A bastnaesite mineral containing rare earth. Photo: Reuters
Japan moves to secure rare earths to reduce dependence on China
- Tokyo to help Japanese firms obtain stakes in overseas mines and increase stockpile of the minerals, vital to the technology and defence industries
- China’s previous moves to restrict exports of rare earths and the disruption to supply chains caused by the coronavirus have prompted Japan to act
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A bastnaesite mineral containing rare earth. Photo: Reuters