Taiwan Looks at Refining US Rare Earths Amid Supply Push

TaiwanPlus News

Taiwan plans to send officials to the US to assess whether American rare earth deposits could be refined in Taiwan, as Washington works to secure critical mineral supplies and reduce reliance on China. While Taiwan aims to expand refining capacity to meet one-third of domestic demand by 2030, experts warn the target may be difficult to achieve.

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00:00Taiwan is planning to send officials to the U.S. to see whether its rare earth deposits can be refined

00:05in Taiwan.

00:25The U.S. is working to secure its supply of critical minerals and reduce China's near monopoly over the supply

00:32chain.

00:32Taiwan's economy minister says that while Taiwan does not mine rare earths, it plans to expand refining capacity to meet

00:40about one-third of domestic demand by 2030.

00:43However, some experts say Taiwan may need more time to achieve the goal.

01:12Taiwan currently imports most of its rare earth minerals from Japan.

01:17Taiwan has the same number.

01:17Taiwan has the same number of exclusions.

01:17Taiwan is a global worker in Taiwan.

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