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Automakers Scramble for Rare Earth Supplies Amid Looming China Export Curbs
Automakers Scramble for Rare Earth Supplies Amid Looming China Export Curbs
20
3
BTCCSquare news:
Global automakers are racing to secure rare earth supplies as China tightens export controls, sparking fears of a supply chain crisis. The materials, essential for high-performance magnets in electric vehicles and automotive components, face restricted access starting November 8.
Neodymium, dysprosium, and terbium—critical for EV motors and safety systems—are now at the center of a geopolitical tug-of-war. China's recent licensing hurdles mark a reversal from earlier agreements with the U.S., escalating trade tensions.
The move threatens to disrupt production of everything from brake sensors to windshield wipers. Industry leaders warn of shortages that could Ripple through global manufacturing networks.
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