Turkey Seeks Chinese Partnership on Rare Earth Elements for EVs
- Erdogan, Xi discussed cooperation in developing Turkey deposit
- Turkey hopes deal will make it more appealing to Chinese firms
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Turkey is working toward teaming up with China to process a deposit of rare earth elements, a potential partnership that could make the country more appealing to Chinese manufacturers of electric vehicles and batteries.
The government in Ankara is poised to dispatch Energy Minister Alparslan Bayraktar to lead a delegation to China in October for advanced talks, according to people familiar with the matter, who asked not to be named because the details aren’t public. The push would follow Turkey’s formal bid to join the BRICS group of emerging market nations including China and Russia.