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World battles to loosen China s grip on vital rare earths for clean energy transition | The Asahi Shimbun: Breaking News, Japan News and Analysis

World battles to loosen China s grip on vital rare earths for clean energy transition

World battles to loosen China s grip on vital rare earths for clean energy transition
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

World battles to loosen China s grip on vital rare earths for clean energy transition

Refining rare earths for the green energy transition is hard. Just ask MP Materials and Lynas. The world s two biggest rare earths companies outside of China are facing challenges.

INSIGHT-World battles to loosen China s grip on vital rare earths for clean energy transition

INSIGHT-World battles to loosen China s grip on vital rare earths for clean energy transition
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rare earths: World battles to loosen China s grip on vital rare earths for clean energy transition

MP Materials and Lynas, the world s two largest rare earths companies after China, are struggling to refine its metals into magnets used in renewable energy technology. A dozen consultants, executives, investors and industry analysts say technical complexities, partnership strains, and pollution issues hinder the companies ability to capture market share from China, which controls 87% of refining capacity globally.

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