LONDON, Dec 5 (Reuters) – Europe has finally taken major steps to build up its rare earths sector to counter Chinese dominance, but the region also needs to guard against being overwhelmed by the United States, the head of an EU-funded agency for key minerals said.
Bernd Schaefer, CEO of EIT RawMaterials, welcomed Wednesday’s release of a new EU action plan to secure critical raw materials used in electric cars, wind turbines and semiconductors.
