CommoditiesUS and Australia team up against China's dominance in rare earths
Japan also joins bid to lessen Beijing's ability to wield minerals in disputes
Lynas' rare earth mine at Mount Weld, Western Australia: These minerals are not as rare as advertised, but China has a near monopoly on processing and refining them.
FUMI MATSUMOTO, Nikkei staff writer
SYDNEY -- An Australian rare-earth producer has enlisted an American partner to help it chip away at China's dominance in supplying minerals that are crucial to making smartphones, missiles, batteries for electric vehicles and a long list of high-tech products.