US EditionPrecious Metals for the Automotive Industry: China Tightens Rules, a Problem for Europe
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Car manufacturers are sounding the alarm over China's decision to tighten rules on rare earth metals exports. The German VDA association fears that this will cause chaos in supply chains with far-reaching consequences, wrote the financial server CNBC. According to experts, the remaining stocks of these metals are at risk of being exhausted. They are key in the production of cars and their parts. The Ministry of Commerce in Beijing announced last…
Car manufacturers are sounding the alarm over China's decision to tighten export rules for rare earth metals. The German VDA association fears that this will cause chaos in supply chains with far-reaching consequences, the financial service CNBC reported. According to experts, the remaining stocks of these metals are at risk of being depleted. They are key in the production of cars and their parts.
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