Siemens Seeks Rare Earths Outside China After Supplies Curbed

Siemens AG is working to obtain rare earths used in its wind turbines from outside China, the world’s biggest supplier, after the nation curbed production of the strategic commodities to reduce environmental damage.

Siemens, Germany’s largest engineering company, is seeking to develop supplies for rare earths in Australia, Russia, Greenland and California that will limit price increases and keep materials crucial to their products flowing, said Henrik Stiesdal, chief technology officer of Siemens Wind Power.