According to a report by “Nihon Keizai Shimbun” on July 28, an International Monetary Fund estimate shows that if the supply of rare earths falls by 80%, Japan's real gross domestic product will drop by 2.3%. The agency's analysis indicates that compared to other major countries such as the US and Europe, Japan will be hit the hardest.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.