US Companies Move into Kenya's Rare Earths Race as Chinese Firms Exit
American firms are stepping up efforts at Kenya's Mrima Hill as Chinese companies quietly withdraw from the rare earths race, The Kenya Times and The China-Global South Project reported.
Chinese companies are withdrawing from the competition over rare earth minerals in Kenya, while US firms are moving in and stepping up their involvement, The Kenya Times and The China-Global South Project reported.
According to the reports, the rivalry centers on Mrima Hill in Kenya, a site known for rare earth deposits. While Chinese firms are quietly pulling out of the race, American entities are intensifying efforts to secure a foothold in the area.
At this stage, the identities of the specific companies involved and the background behind the Chinese withdrawal have not been disclosed, and further details have not yet been released.
Sources: The Kenya Times, The China-Global South Project
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