TOKYO -- The Japanese government will cooperate with the U.S. and Australia on investing in processing facilities for rare-earth metals, looking to ease reliance on imports from China.
Tokyo aims to reduce China dependency to 50% or less

A rare-earths mine in Australia. The mine operator, Lynas, is involved in a smelting plant project in Texas, in which Japan is looking to also take a stake. © Reuters
TOKYO -- The Japanese government will cooperate with the U.S. and Australia on investing in processing facilities for rare-earth metals, looking to ease reliance on imports from China.