Vietnam’s production of rare earth materials soared in 2022
E&T
MAY 5, 2023
From 2008 to 2018, China exported nearly 408,000 metric tons of rare earths, which amounted to 42.3 The main beneficiary of the increased production in Vietnam appears to be China, the world's largest auto and EV market and also a major global manufacturing hub for electronic goods such as smartphones.
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