Iluka Resources CEO warns of China's dominance in rare earths market threatening Western manufacturing.
Iluka Resources' CEO Tom O'Leary warns that China's dominance in the rare earths market poses an existential threat to manufacturing in Western countries. During Chinese Premier Li Qiang's visit to a lithium processing plant in Western Australia, O'Leary highlights China's manipulation of resource prices and control over the global supply of rare earths, essential for advanced technology and electric vehicles.
June 23, 2024
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