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Shin-Etsu Chemical (4063.T): Expanding rare earth refining facilities, a key economic security issue-20260610
Citi· 2026-06-10 22:11
Flash | 10 Jun 2026 09:47:58 ET │ 10 pages Shin-Etsu Chemical (4063.T) Expanding rare earth refining facilities, a key economic security issue CITI'S TAKE The Nikkei reported on June 10 that Shin-Etsu Chemical will establish new rare earth refining facilities. According to the article, the company will invest over ¥35bn in Fukui Prefecture, with ¥17.5bn coming from subsidies. The company currently operates two refining sites in Fukui Prefecture and has Japan's top refining capacity. Rare earths undergo refi ...