South Korea Commits Significant Spending on REE Projects

IBTimes reported that South Korea has committed to investing in oil, natural gas and rare earth projects to reduce its dependence on energy imports.

As quoted in the market news:

The government of South Korea wants to double its self-sufficiency rate for oil and gas to 20 per cent next year…The proportion for lithium and rare earths will be raised to 12 per cent from 8.5 per cent.

Click here to read the full IBTimes report.