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Rare earth processing requires approximately 1500 processes outsiders are rarely allowed in
Norway Sweden rare earth projects are advanced but likely another decade before ready
Mr Kehren says it's necessary to have our own rare earth mines for sourcing
Europe has no operational rare earth mines
Philippe Kehren says facility aims to provide 30% of Europe's rare earths by 2030
Growing demand will require more virgin rare earth material from Brazil Canada Australia
Mr Kehren says recycling can produce 30% of Europe's needed rare earths
Europe has two rare earth processing facilities one in Estonia one in France
French plant is only plant outside China that can process all 17 rare earths
Critical Raw Materials Act sets targets for reducing import dependence by 2030
Solvay's rare earths facility is one of two in Europe
EU's Critical Raw Materials Act came into force last year
Covid pandemic and Ukraine war made companies and politicians try to remove supply chain vulnerabilities.
Solvay's CEO Philippe Kehren says the rare earth market is growing fast.
Europe is trying to reduce its dependence on importing key metals from China.
Around 70% of rare earths mining and 90% of refining happens in China.
17 rare earth metals are essential to modern technology.
Solvay is expanding its processing plant to meet surging demand across Europe.
Rare earth metals have been pumped out of La Rochelle industrial plant for almost 80 years.
Europe is vying for rare earth independence from China