US EditionCar makers warn China's rare-earth curbs could halt production
- Germany's VDA and other carmakers warned this week that China's export curbs on rare earth elements and magnets threaten global automotive production.
- This warning follows last month's alerts from the Alliance for Automotive Innovation and recent concerns by Indian and European manufacturers about supply delays.
- Critical automotive components such as transmissions, motors, sensors, and power steering require rare earths and magnets, making production vulnerable to shortages.
- VDA head Hildegard Mueller warned that the industry faces increasing risks to supply security, with the possibility of interruptions and setbacks in production becoming more likely.
- U.S. company NioCorp urged accelerating domestic production of strategic minerals to reduce dependence on China and avoid halts in automotive manufacturing.
146 Articles
146 Articles
Rare earths: China's magnet war threatens global industry
Rare earth magnets, which are essential to car manufacturing as well as the defense and home appliance sectors, have started to run short in factories worldwide following China's export restrictions. The country holds a monopoly over their production.
Auto Industry Crash on Horizon from Lack of Rare Earth Minerals & Magnets? - CleanTechnica
Whether electric vehicles or gas-powered cars, production could come to a grinding halt in the US and Europe soon. Word on the street is that the escalating trade combativeness between the West and China has led to China putting restrictions on rare earth minerals and magnets. China controls more than ... [continued] The post Auto Industry Crash on Horizon from Lack of Rare Earth Minerals & Magnets? appeared first on CleanTechnica.
China Rare Earth Curbs Choke India Automakers, Add to Tensions
Indian automakers are facing conditions tougher than others in importing rare earth magnets from China, according to people familiar with the matter, risking a crippling shortage that may disrupt production within weeks.
German industry suffers not only from the general climate malaise, but also from geopolitical conflicts and decades of misguided energy, industrial and economic policies. Now the German automakers are in a precarious situation, as there are supply problems with the rare earths as a result of export restrictions by Beijing. What we are currently seeing is not simply an economic-political dispute between the global powers. It is the unmasking of a…
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A high-stakes U.S.-China call has yet to resolve a rare earth metals shortage. Businesses say the shortage could halt production of cars and other industrial parts this summer. Only some Chinese suppliers of U.S. companies have received six-month export licenses. BEIJING — A high-stakes call between the U.S. and Chinese presidents on Thursday has yet to resolve a global shortage of rare earth exports that businesses say could halt production of …
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