Inside Vietnam's Plans to Dent China's Rare Earths Dominance
KONTAN.CO.ID - HANOI. Vietnam plans to restart its biggest rare earths mine next year with a Western-backed project that could rival the world's largest, according to two companies involved, as part of a broader push to dent China's dominance in a sector that helps power advanced technologies.
The move would be a step toward the Southeast Asian country's aim of building up a rare-earths supply chain, including developing its capacity to refine ores into metals used in magnets for electric vehicles, smartphones, and wind turbines.
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