Japan to pour investment into non-China rare-earth projects

Tokyo aims to reduce China dependency to 50% or less

20200215N Rare earths

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

RYOSUKE HANAFUSA, Nikkei staff writer

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.

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