Ivan Murphy’s Harena Resources is developing a strategically important rare earth project in Madagascar
Rare earth minerals are critical for technology and the transition to green energy. Photo: Getty
Western countries including those in Europe should consider emulating a US strategy of investing in rare earth mineral miners around the world in an effort to secure supply as China clamps down on exports, according to Ivan Murphy, the executive chairman of Harena Resources, a company that is advancing a project in Madagascar.
China dominates the global supply of rare earth elements.
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