Taiwan's ITRI Aims for Domestic Rare Earth Production to Bolster Semiconductor Industry

Taiwan's Industrial Technology Research Institute (ITRI) plans to establish a 500-metric-ton annual rare earth production facility by 2030. This initiative aims to supply up to half of Taiwan's domestic demand, crucial for its semiconductor sector, and reduce reliance on China. The facility's construction is slated for completion by 2028, with process optimization continuing through 2030.