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Taking on China from Russia’s border: Inside Europe’s biggest rare earths factory

Summary by CNBC
Developed by Canada's Neo Performance Materials, Europe's largest rare earths facility sits in Estonia's border city of Narva.

3 Articles

The European Union is trying to wean itself off its dependence on imports of precious metals from China by increasing production at a plant in Estonia. The magnet manufacturing facility in the city of Narva is the largest of its kind in Europe and is located right on the border with Russia, the American server CNBC wrote on Friday. The facility was built by a Canadian company...

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CNBC broke the news in United States on Thursday, December 4, 2025.
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