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NY Times reports that the European Commission is putting the final touches on a strategy to reduce Europe’s dependence on China to supply the rare earth minerals.
NY Times reports that the European Commission is putting the final touches on a strategy to reduce Europe’s dependence on China to supply the rare earth minerals.
The market news is quoted as saying:
The commission, the executive agency of the European Union, wants industry to play a much greater role in recycling and stockpiling rare earths as a way of mitigating higher prices and forestalling potential shortages in the coming years.