EU rare earth push: Brussels rolls out €3-bn plan to slash China dependence; new supply hub and export curbs in pipeline

EU’s €3 Billion Plan to End Dependence on China for Rare Earths | Business

The European Union on Wednesday rolled out a multi-billion-euro strategy to reduce its dependence on China for rare earths, unveiling measures to boost domestic mining, refining and recycling capacity amid rising geopolitical pressure on critical supply chains.The plan comes after months of turbulence triggered by Beijing’s export controls, according to AFP, which have disrupted manufacturers…

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