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Story summary
- Japan and France agreed to enhance cooperation on rare earth supply chains to reduce dependence on China, signing a roadmap during French President Emmanuel Macron's visit.
- The roadmap emphasizes diversification amid concerns about China's export controls.
- Japan aims to secure about 20% of its future dysprosium and terbium needs from a French refining project starting in late 2026, and will pursue overseas investments and US-India joint ventures in rare earths.
