South Korea Secures Rare Earth Supply

Yonhap News Agency reported that South Korea is ensuring ongoing supply of rare earths through joint venture agreements.

As quoted in the market news:

State-run Korea Resources Corp. (KORES) has successfully secured 1,000 tons of the element through two joint venture projects in China, the ministry said. KORES has also reached a deal to develop 6,000 tons of the industrial material in South Africa.

Click here to read the full Yonhap News Agency report.