EU seeks independent rare-earth supply as Viridis targets 5% market by 2028
TL;DR
Viridis Mining aims to end China’s dominance over rare earths by supplying the EU in about two years, using a Brazil demonstration plant and a Solvay partnership to process and supply magnets for automakers and wind turbines, targeting roughly 5% of global rare-earth demand by 2028 as Europe diversifies its supply.
- China’s stranglehold on rare earths must be ended, says hopeful supplier to EU | Critical minerals The Guardian
- China Rare-Earth Magnet Exports to US Drop Before Xi-Trump Meet Bloomberg.com
- China’s trade limits continue to bite into Japan’s rare earth imports South China Morning Post
- US invests in critical minerals but China maintains grip reuters.com
- REalloys and JS Link Unite to Challenge China's Rare Earth Magnet Dominance with North American Platform - Earnings Per Share careplusvn.com
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