Apple drops $500M million on rare Earth magnets
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Asianet Newsable on MSNChina Steps Up For Stellantis After Serbia’s Push; Xi Pledges Faster EV Export PermitsChina has agreed to accelerate export approvals for materials used in electric vehicles (EVs) after a request passed on by Serbia on behalf of carmaker Stellantis, Serbian President Aleksandar Vucic said on Sunday.
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China's rare earths are flowing again, but not freelyVolkswagen said in a statement to Reuters its supply of rare earth components was stable while rival Stellantis said it had addressed its immediate production concerns. China restricted exports of seven rare earths and related magnets in April in ...
Sona Comstar, India's top importer of rare earth magnets, plans to start domestic production to reduce reliance on China. This move aligns with the government’s push to incentivise local production after China restricted the export of rare earth magnets.
Mahindra and Uno Minda are exploring rare earth magnet manufacturing in India as the government considers incentives and stockpiling amid Chinese export curbs
European officials demand action to reduce dependency – but analysts warn more time needed to implement strategy.
Soon after this meeting a deal was made for Ukraine to supply vital rare earths to the United States. AFP via Getty Images America’s rare earths lead came to an end in 1980, brought on by ...