British media: British rare earth producers turn t

Aihucha, September 13: According to the Financial Times, Albert Slot, managing director of Less Common Metals, the UK’s only producer of rare earth metals, said that the company is considering priorities after Brexit creates obstacles to exports to the European continent. Expand the US and EU markets and slow growth in the UK. One factor in their decision was the huge subsidies offered by U.S. President Joe Biden to develop critical mineral supplies. Albert Slot said they are working to expand into Europe as they have in the United States. The Brexit implemented by the UK has not really helped their industry and means they have to establish themselves in Europe. In addition, the company must maintain close ties with manufacturers of new technology magnets, so discussions of expansion into the United States and the European Union have emerged.