Shin-Etsu Chemical is investing 35 billion yen to build a new rare-earth refinery in Japan, its first since 2008, to reduce dependency on Chinese supply

Chemical giant to invest $220m in Fukui to build first new refinery since 2008

Shin-Etsu Chemical plans to build a rare-earth smelter in Japan, reducing dependence on Chinese processing as demand for EV and clean energy magnets surges.

Shin-Etsu Chemical is investing 35 billion yen to build a new rare-earth refinery in Japan, its first since 2008, to reduce dependency on Chinese supply

Tokyo, June 11 (Jiji Press)--Shin-Etsu Chemical Co. plans to build a new rare earth factory in Fukui Prefecture, central Japan, in order to increase domestic supplies, thereby…