Tag: magnets
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China Tightens Rare Earth Exports: Auto Supply Chains at Risk
Chinese Rare Earth Curbs Trigger Alarm Across the Auto Industry The latest move by China to tighten exports of rare earths and related technologies has reignited concerns about the resilience of global automotive supply chains. As the world’s leading supplier of critical minerals and processing capacity, Beijing’s expanded restrictions are being watched closely by carmakers,…
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Auto industry alarm as China tightens rare earth curbs
China’s rare earth clampdown ripples through the auto sector The automotive industry is sounding the alarm as Beijing expands restrictions on rare earth exports and related technologies. The move, announced by China’s Commerce Ministry, is intended to curb the “misuse” of these critical minerals in military and sensitive sectors. But industry groups warn that tighter…