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Japan's Rare Earth Crisis Deepens | Spokane News
Japan’s economy is in a bind as critical mineral shortages threaten supply chains across industries—from electronics to watchmaking. China’s export restrictions on rare earths, essential for everything from electric cars to AI tech, are forcing companies to scramble. Filings about rare earth risks have doubled since May, with some firms already feeling the squeeze. While a few businesses weathered the storm by stockpiling early, overall supply is tightening as demand surges. Tokyo is racing to find alternatives, partnering with the U.S. and other G7 nations to secure supplies through joint…
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