Chinese Rare-Earth Project in Laos Suspended
A Chinese rare-earth project in Laos has been suspended, underlining China's dependence on imports for certain rare-earth elements despite its large domestic reserves.
A Chinese rare-earth project in Laos has been suspended, according to a social media post. The development highlights that China, while holding the world's largest rare-earth reserves, still relies on imports for specific types of rare-earth elements.
Laos and Myanmar are cited among the countries from which China sources certain rare-earth elements. The suspension focuses attention on the supply chain for those specialized materials.
No details on the reason for the suspension or its expected duration were provided.
Source: First Squawk