Daily Memo: EU Support for Domestic Rare Earths, More Concerns Over US Withdrawal

The bloc is considering ways to help European firms compete with their Chinese counterparts.

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EU support. The European Union is reportedly developing proposals to support domestic production of a rare earth magnet used in the manufacturing of electric car motors. The bloc may offer cheap financing and compensation to European firms that are struggling to compete in this space with Chinese companies. More concerns over Afghanistan. France and Germany […]

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