China Tightens Rare Earth Exports, Impacting Global Automakers
TL;DR Summary
China has issued temporary export licenses to rare-earth suppliers of the top three US automakers, easing some supply chain disruptions caused by China's export curbs on these critical materials, which are vital for the auto industry and other sectors. The licenses are valid for six months, but details on quantities are unclear, amid ongoing trade tensions between the US and China.
- Exclusive: China issues rare earth licenses to suppliers of top 3 US automakers, sources say Reuters
- China Allows Limited Exports of Rare Earths as Shortages Continue The New York Times
- Automakers Race to Find Workaround to China’s Stranglehold on Rare-Earth Magnets WSJ
- Auto industry sounds the alarm as China's rare earth curbs start to bite CNBC
- China Rare Earth Curbs Choke India Automakers, Add to Tensions Bloomberg.com
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