EU, Japan, and US Work on Strategy for Rare Earth Supply

CNBC News reported that the European Union, the US and Japan intend to collaborate on a rare earth supply strategy.

As quoted in the market news:

U.S. Energy Secretary Steven Chu told a conference Wednesday in Tokyo that improving processing and recycling of the materials, used in many high-tech products, is vital in the medium term. He said that in the near term, they must be “used as sparingly you can.”

Click here to read the full CNBC News report.