Rare earths magnet firms turn to Vietnam in China hedge
Korean and Chinese magnet firms, including an Apple supplier, are set to open factories in Vietnam, amid a push to diversify supply chains away from China and defend against Sino-U.S. tension.
Korean and Chinese magnet firms, including an Apple supplier, are set to open factories in Vietnam, amid a push to diversify supply chains away from China and defend against Sino-U.S. tension.
Vietnam aims to raise its rare earths production to 2.02 million tonnes of unprocessed minerals a year by 2030.