Rare Chinese minerals threaten the automotive industry globally

Aljazeera - 20/04
The latest controls for exporting China threaten rare ground minerals to stop cars, as basic magnet stocks are expected to be dedicated within months if Beijing completely stops its exports.

The latest controls for exporting China threaten rare ground minerals to stop cars, as basic magnet stocks are expected to be dedicated within months if Beijing completely stops its exports, according to the Financial Times in a report.

Beijing expanded its export restrictions to 7 rare ground elements and vital magnets for electric cars, wind turbines and combat aircraft in early April, in response to the high tariffs imposed by US President Donald Trump on China by 145%.

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Government officials, merchants and executive managers in car companies said that with an estimate that the stocks will suffice between 3 and 6 mo...
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