Taiwanese media outlet TVBS News reported that cooperation between Japanese technology companies and the Australian mining industry is advancing the development of a rare-earth supply chain that reduces reliance on China, and that Lynas has established a central position with Japanese support.
Taiwan’s TVBS News reported that Lynas, a major Australian rare-earth company, has established a central position in a rare-earth supply chain outside China with Japanese support.
The report pointed out that cooperation between Japanese technology companies and the Australian mining industry is advancing the development of a supply chain designed to reduce reliance on China.
The initiative is said to aim to diversify the rare-earth supply chain through cooperation between Japan and Australia, and attention is focused on future developments.