Germany’s dependence on rare earths from China reaches 93.5%

International Business News The Global Times reported on June 22 that there is an article that I think provides some interesting information.

Global is citing the news of the German media “Handsblatt” on June 20, saying that a strategic document issued by the German Federal Academy of Security Policy (BAKS) under the German federal government proposed to the German government to get rid of its dependence on Chinese raw materials. Suggest. This strategic document requires the German government to make raw material safety part of its national security strategy.

According to Wachter, head of the raw materials department at the Confederation of German Industry (BDI).

Germany(Nyheter)’s reliance on many mineral raw materials from China has surpassed its reliance on Russian oil and gas.