Reported about 21 hours ago
China has issued temporary export licenses for rare earths to suppliers of General Motors, Ford, and Stellantis as the country faces disruptions in its supply chain due to recent export restrictions. These licenses, valid for six months, come amidst growing concerns regarding potential production impact on the U.S. automotive industry, which relies heavily on these critical materials. This move follows similar approvals for suppliers in other sectors and highlights China's significant role in the global rare-earth market.
Source: YAHOO