SOURCE / ECONOMY
By GT staff reporters Published: Mar 12, 2021 07:23 PM
Mining of rare earths is conducted in Baiyunebo, North China's Inner Mongolia Autonomous Region on July 16, 2011. File photo: VCG
It may be logical for the Quad alliance, grouping the US, Japan, Australia and India, to team up to counter China in the rare-earth sector, given the dominant role the country plays in supplying more than half of the world's such key materials, yet the lack of relevant technologies and talent could obstruct their progress in building up a supply chain from scratch, which needs to take quite a few years to complete, industry observers told the Global Times.