Germany Bets On Homegrown Rare Earth Mining To Reduce Its Dependence On China

Germany is betting on domestic rare earth mining as countries scramble to reduce their dependence on China. Hades Mining has raised over €20 million to develop a rare earth project in Saxony, hoping laser technology could make extraction commercially viable. But with low ore concentrations, costly refining and China’s massive infrastructure advantage, the project may be more about supply security than replacing Beijing.

#Germany #China #RareEarths #CriticalMinerals #Neodymium #Mining #ElectricVehicles #Europe

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