Exclusive-China issues rare earth licenses to suppliers of top 3 US automakers, sources say

From Yahoo Finance: 2025-06-06 11:18:00

China has granted temporary export licenses to rare-earth suppliers of top U.S. automakers, easing supply chain disruptions from export curbs. China produces 90% of the world’s rare earths, crucial for green energy transition. GM, Ford, and Stellantis cleared for rare earth export licenses. U.S. auto companies impacted by restrictions, Ford halts SUV production. China introduces tracking system for rare earth magnet sector.



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