ZGXT(SZ:000831) Sou Hu Cai Jing·2025-12-29 06:15Group 1 - South Korea has formed a technology alliance with the US, Australia, Israel, Singapore, and Japan to weaken China's dominance in the global rare earth market [1] - South Korea has invested 9.8 billion KRW in Mongolia to establish a Rare Metals Research and Experiment Center, focusing on the analysis, processing, and refining of rare earth metals found in Mongolia [1][3] - The establishment of the research center is a strategic move by South Korea to reduce its dependence on Chinese rare earth processing and to assist Mongolia in upgrading its mining industry [3] Group 2 - South Korea's Ministry of Trade, Industry and Energy plans to implement supply projects in Mongolia, Uzbekistan, Vietnam, Indonesia, and Kazakhstan, with the first research center already opened in Mongolia [4] - The initiative is part of a trilateral consultation mechanism established with the US to create a rare earth supply chain that excludes China, potentially challenging China's midstream dominance in the global rare earth industry [6] - Despite these efforts, Mongolia's logistics are still controlled by China and Russia, making it economically challenging to export minerals through alternative routes, thus maintaining China's control over the supply chain [8]