TradeChina urges global cooperation on rare earths in jab at US
Shoring up independence in key industries is focus of next five-year plan
Crushed rare-earth ore from a California mine. China accounts for 60% or so of the world's production of rare-earth minerals. © Reuters
SHUNSUKE TABETA, Nikkei staff writer
BEIJING -- Countries should work together to address the demand for rare-earth minerals and products, the Chinese industry and information technology minister said Monday, in an apparent swipe at U.S. President Joe Biden's effort to create supply chains less reliant on China.