Shin-Etsu to set up rare-earth smelter in Japan to ease reliance on China

Shin-Etsu plans to use the new refinery to boost its capacity for supplying elements such as dysprosium and terbium -- which are used in neodymium-based magnets in EV motors -- and yttrium used in semiconductor manufacturing equipment. (Nikkei montage/Source photos by SIP and JAMSTEC)

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