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Reuters reported on the EU's attempt to reduce dependence on Chinese rare earths

Reuters: EU tries to reduce dependence on Chinese rare earths
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Photo: REUTERS/Stringer
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The European Union (EU) is developing a new plan to move away from dependence on rare earths from China amid the US-China trade conflict. This was reported on October 25 by the Reuters news agency with reference to a statement by the head of the European Commission (EC) Ursula von der Leyen.

According to von der Leyen, the EU will seek to accelerate partnerships in the field of critical raw materials with countries such as Australia, Canada, Chile, Greenland, Kazakhstan, Uzbekistan and Ukraine. She also added that the plan would include increased efforts to recycle products sold in Europe to produce rare earths.

"The goal is to provide access to alternative sources of critical raw materials in the short, medium and long term for our European industries," said the head of the EC.

Earlier, on October 20, ABC News reported that the Chinese authorities are borrowing the American strategy in countering the United States in the framework of the trade war. According to ABC News, the Chinese authorities have expanded the rules for the export of rare earth metals. Beijing has announced that it will require foreign firms to obtain Chinese government approval for the export of magnets containing even small amounts of rare earth materials of Chinese origin or manufactured using Chinese technology.

All important news is on the Izvestia channel in the MAX messenger.

Переведено сервисом «Яндекс Переводчик»

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