France and Japan Collaborate to Establish Europe’s First Rare Earth Recycling Plant

France and Japan are collaborating to build Europe’s first large-scale rare earth recycling plant in Lacq, aimed at diminishing reliance on China, which currently supplies 98% of Europe’s rare earths. With a goal to start operations by the end of 2026, the facility will recycle significant quantities of rare earth materials essential for various industries, including clean energy and technology.

China’s dominance in the global rare metals market has become a growing concern for various industries worldwide. To address this issue, France and Japan are partnering to construct Europe’s first large-scale rare earth recycling facility in Lacq, France. This facility is anticipated to emerge as the leading producer of purified heavy rare earths in the Western region, according to a report by the Central News Agency, referencing Carester, a French rare earth refining company.

The collaborative effort between France and Japan to establish a rare earth recycling plant represents a strategic move to diminish Europe’s dependency on China for essential rare earth elements. With significant financial backing and a clear operational timeline, this project is set to play a pivotal role in bolstering Europe’s capabilities in high-tech manufacturing and clean energy advancements.

Original Source: www.trendforce.com