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Africa Emerges as New Home for Rare Earth Element Production, an Industrial Info Market Brief

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Industry Segment: Market Brief | Word Count: 135 Words
Attachment: Africa rare earth 0619

The U.S. is eyeing Africa as a possible means of reducing China's near-monopoly of rare earth elements. Africa features healthy deposits and favorable environmental laws for their extraction, as well as cheaper labor costs. Industrial Info is tracking nearly $22 billion worth of projects for rare earth elements in Africa.

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