Japan is mining for deep sea rare earths to combat China's chokehold, according to FT

Japan is mining for deep sea rare earths to combat China's chokehold, according to FT.

Japan's move to mine deep-sea rare earths signals a strategic effort to reduce dependence on Chinese supplies, which could reshape the global supply chain for critical metals. Given China's dominant position in this sector, this initiative may have implications for pricing and availability in metals markets, particularly for those industries reliant on these resources.