Despite being a high-tech powerhouse, South Korea is considered resource-poor, whereas Malaysia boasts vast, largely untapped reserves of rare earths.
ReElement Technologies and South Korean conglomerate Posco aim to diversify rare earth supply chains.
International research team develops technology based on gallium and other metals.
Access to responsibly sourced minerals should become an international priority.
Faster power grids and computers, nuclear fusion, fully electric aircraft – new materials with lutetium, yttrium, and other critical minerals could pave the way for technological innovation.
Study by Roland Berger and Federation of German Industries (BDI) reveals a slight increase in import dependencies.