South Korea seeks closer China cooperation on rare earth supply

Government

SEOUL, Feb. 5 (UPI) -- South Korea will seek closer cooperation with China to stabilize supplies of rare earth minerals critical to its high-tech industries, the government said Thursday, as Seoul unveiled a strategy to strengthen supply chain security. The Ministry of Trade, Industry and Resources announced a comprehensive plan calling for expanded cooperation channels with Beijing, including the establishment of a government-to-government hotline and joint consultative body to help prevent