TOKYO — Japanese companies are targeting Southeast Asia in their efforts to build rare-earth supply chains that do not rely on China, with Sumitomo Metal Mining tapping resources from the Philippines and trading house Sojitz developing mines in Vietnam and Malaysia.
Commodities
Philippines, Malaysia and Vietnam hold promise for building China-free supply chain
Sumitomo Metal Mining seeks to tap the Philippines’ rare-earth resources to step up production. (Sumitomo Metal Mining)
ARATA SHIGENO and YUI SATO
