Rare Earths: Uzbekistan Seeks to Ramp up Production
500 million dollars planned to be invested in rare earth projects.
500 million dollars planned to be invested in rare earth projects.
National interests must be prioritized in critical sectors, according to the minister responsible.
An increase in local value addition and global support are needed. Possible investment gap of up to $270 billion.
Focus on environmental and social challenges connected to the industry.
In April 2024, the EU passed the Critical Raw Materials Act (CRMA) into law in a landmark accomplishment seeking to strengthen the union’s critical raw materials supply chains.
Ministry of Trade: Planned investigation into Chinese subsidies harms cooperation.