TOKYO (Reuters) – The United States, Japan, India and Australia will work together to secure rare earth metals that are essential to the production of electric car motors and other products, the Nikkei newspaper reported on Thursday.
The four-nation group, referred to as the “Quad” countries, are on Friday due to hold an online summit meeting seen as part of efforts to counterbalance China’s growing military and economic power.
(Reporting by Chang-Ran Kim; Editing by Alex Richardson)