Japan, the United States and Europe rare earth construction does not depend on specific national resource supply chain

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Officials from Japan, the United States, and the European Union (EU) met in Tokyo on the 28th to reach a consensus on the promotion of recycling of rare earths and research and development of alternatives. At present, China's rare earth production accounts for about 90% of the world's total. Due to China's restrictions on exports, procurement of rare earths has become increasingly difficult. At the meeting, Yukio Masanochi, Japan’s economic and industrial sector, pointed out: “Through the technical cooperation between Japan, the United States and Europe, we can build a supply chain that does not depend on the resources of specific countries.” US Secretary of Energy Zhu Yuwen stated that the United States is committed to research and development of rare earths with less use. The magnet. EU officials have stated that they will purchase rare earths from places like Africa, and propose to adopt a design that will facilitate the re-extraction of rare earths for reuse in the product development stage. This is Japan, the United States and Europe that once again held an international conference on the issue of rare earths after last year. The next meeting will be held in Europe.

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