PARIS -- Japan will invest about 100 million euros ($109 million) in a French rare-earth refining project, looking to reduce its dependence on China for industrial metals that are crucial to electric vehicles and other technologies.
Materials
Japan to invest in French EV rare-earth project to ease China reliance
Tokyo eyes procuring 20% of future demand for vital magnet materials
Dysprosium and terbium are used in high-performance magnets for EVs. © Reuters
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