CHINA RARE EARTH EXPORTS
Rare earth rattles: As US woos China, India watches and weighs its chances
Amidst China's rare earth export restrictions causing global concern, India is actively seeking joint exploration opportunities with Central Asian nations to diversify its supply chains. Minister Piyush Goyal has called China's actions a "wake-up call," as India aims to become a reliable alternative for businesses reducing dependence on Chinese suppliers, though challenges and a lengthy process are anticipated.
Rare earths are not rare: Chinese move can backfire
China's export controls on rare earth elements, crucial for various industries, have sparked global concern, particularly in the electric vehicle sector. While China dominates rare earth mining and refining, this strategic move to weaponize these resources is incentivizing other nations to develop their own supply chains and explore alternative materials.
Disruption of rare earth magnet supplies beyond 30 days can impact vehicle production in India: Report
A potential disruption in rare earth magnet supplies from China threatens India's automotive sector, particularly EV production, due to export restrictions and clearance delays. Automakers are exploring alternative suppliers and optimizing inventories to mitigate the impact. The government is also focusing on building strategic reserves and boosting domestic production to reduce long-term import dependence.
China's rare earth curbs a 'wake-up call' as India builds alternative supply chains: Piyush Goyal
Piyush Goyal addressed China's rare earth export restrictions as a global wake-up call, highlighting India's efforts to build alternative supply chains. He acknowledged short-term challenges for the automotive and white goods sectors but expressed confidence in overcoming them through collaboration and innovation. India aims to become a trusted partner for businesses seeking to reduce dependence on Chinese suppliers.
India looking for other magnet sources after China's curbs on rare earth metals
India is negotiating with China to secure supplies of permanent magnets made from rare earth minerals, crucial for manufacturing cars, electric vehicles, and renewable energy equipment, said Commerce and Industry Minister Piyush Goyal. China controls 90% of these supplies and recently imposed export restrictions requiring special licenses and assurances that the magnets won’t be used by the US or defense sectors.
Auto companies 'in full panic' over rare-earths bottleneck
Global automakers are alarmed by China's rare-earth export restrictions, fearing a new supply chain crisis. With limited alternative magnet sources, companies are stockpiling and seeking workarounds to avoid factory shutdowns. The industry's reliance on China for critical raw materials raises concerns about future leverage and potential disruptions.
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US-China talks in London: Rare earths, export curbs on table
The first round of negotiations since the teams met a month ago is aimed at restoring confidence that both are living up to commitments made in Geneva. During those discussions, Washington and Beijing agreed to lower crippling tariffs for 90 days to allow time to hammer out ways to address a trade imbalance that the Trump administration blames on an unfair playing field.
No impact of rare earth magnet shortage on production so far, says Maruti Chairman
Maruti Suzuki India states that the rare earth magnet shortage has not affected production. R C Bhargava believes there will be no problem if licenses are approved. The automobile industry seeks government help to speed up approvals from China. Approvals are pending for domestic suppliers. Many companies face challenges due to shortages of critical raw materials.
China says its exports to the US fell 35% in May, as trade talks are due to start in London
China's exports to the U.S. experienced a significant 35% drop in May, intensifying economic pressures as trade talks with Washington commenced. While overall exports saw a modest increase, imports declined, resulting in a substantial trade surplus. Despite the U.S. decline, exports to Southeast Asia and the EU remained strong, offsetting some of the impact of trade tensions.
Auto sector seeks government action on China rare earth magnet imports
The automobile industry is urging the government to help speed up Chinese approvals for rare earth magnet imports, essential for passenger cars. Domestic suppliers have applied through Chinese vendors, but approvals are pending. China, controlling over 90% of global processing, now requires special export licenses for these magnets, impacting various sectors.
Batteries, EVs under threat? India fires on all cylinders for rare earths amid China's tightening grip
India is accelerating its efforts to secure critical mineral supplies, driven by China's increasing control over rare earth elements. New Delhi is forging partnerships with Central Asian nations and implementing an incentive scheme for mineral recycling under the National Critical Mineral Mission.
Urgency grows in Motown India as rare earth deadlock deepens, call goes out to govt for help
The Indian automobile sector is urging the government to facilitate quicker approvals from China for importing rare earth magnets crucial for various applications, especially in electric vehicles (EVs). With China controlling a significant portion of the global supply, the recent export restrictions are causing disruptions in production and could lead to increased costs for manufacturers.
China approves some exports of rare earths ahead of US talks
Beijing has approved some rare earth export applications, potentially easing tensions before US-China trade talks. The commerce ministry confirmed the approvals, noting growing demand in robotics and electric vehicles, and will expedite approvals for qualified exporters to Europe. This follows a call between Presidents Trump and Xi, where Trump expressed optimism about resolving trade issues and advancing towards a deal.
China says willing to improve communication with countries on rare earth controls
China said it has approved some rare earth export requests and aims to refine its approval process. The move comes as India faces growing shortages, with recent export requests reportedly denied.
China rare earth curbs choke India automakers, add to tensions
Indian automakers are facing challenges in importing rare earth magnets from China, leading to potential production disruptions. China has reportedly rejected India-bound shipments while approving those to other countries.
China okays rare earth licences to suppliers of top three US auto companies
China's dominance of the critical mineral industry, key to the green energy transition, is increasingly viewed as a key point of leverage for Beijing in its trade war with US President Donald Trump. China produces around 90% of the world's rare earths, and auto industry representatives have warned of increasing threats to production due to their dependency on it for those parts.
India, five central Asian countries express interest in joint rare earth mineral exploration amid Chinese restrictions
India and five Central Asian nations are keen to collaborate on exploring rare earths and critical minerals, as stated after the India-Central Asia Dialogue in New Delhi. Following the first Rare Earth Forum, they plan further discussions and delegation exchanges to identify new cooperation areas. This initiative aims to diversify the rare earth supply chain, currently dominated by China.
Indian EV Industry being hurt by additional restrictions on rare earth minerals by China: Jefferies
Indian EV companies are facing challenges due to China's restrictions on rare earth metal exports. Importing magnets, crucial for EV motors, has become difficult. Companies might consider importing fully assembled motors, but this poses new challenges. The Indian government is exploring options like building stockpiles and offering incentives for domestic production.
China's rare earth weapon changes contours of trade war battlefield
China is strategically weaponizing its supply chain, mirroring U.S. export controls. Recent rare earth export license issues, highlighted by a Trump-Xi call, reveal China's refined trade war tactics. Modelled after U.S. sanctions, China's system grants insight into critical supply chain points.
The world's auto supply chain is in the hands of a few Chinese bureaucrats
China's control over rare earth magnet exports, crucial for electric vehicles and other industries, has become a point of contention in the trade war with the U.S. Stricter export controls implemented in April have led to significant delays in license approvals, impacting global automakers and technology firms.
China silent about lifting export curbs on rare earth metals amid growing concerns in India, world
China is maintaining its export restrictions on rare earth metals, despite international pressure from the US, EU, and India. These metals are crucial for manufacturing various products, including electronics, automobiles, and military equipment. Concerns are growing globally about potential shortages and production stoppages, as evidenced by Suzuki's recent production halt in Japan due to these restrictions.
Why rare earths are the new battleground in US-China trade war
China Rare Earths Policy: Two months after China enforced strict export controls on key rare earth elements, manufacturing industries across the United States, Europe, and India face mounting disruptions. These elements are vital to defence, electronics, and electric vehicles. India’s Bajaj Auto has issued a public warning, citing looming production halts. With global dependency on China’s rare earth dominance, the trade standoff is sparking urgent diplomatic efforts and renewed calls for supply chain diversification.
Not just India's worry, China’s rare earth chokehold tests the mettle of global industry
Global automakers and governments are raising concerns as China's restrictions on rare earth magnet exports disrupt supply chains. These restrictions, citing national security, impact critical industries like electric vehicles and defense. Nations like India, Japan, and the US are scrambling to mitigate the effects, seeking alternative sources and domestic production to reduce reliance on China.
Suzuki Motor halted Swift car production due to China's rare earth curb, Nikkei says
Suzuki Motor has stopped producing its Swift model cars in Japan. The production halt began on May 26. This is due to restrictions on rare earth elements imposed by China. The Japanese automaker initially planned to halt production until June 6. Suzuki has not yet provided an official statement regarding the matter.
EU asks China to address ‘alarming’ rare earth disruptions
Automakers like Mercedes-Benz and BMW are preparing for possible supply crunches, drawing parallels to the semiconductor crisis.
US auto suppliers say immediate action needed on China rare earths restrictions
U.S. auto suppliers are urgently calling for action as China's restrictions on rare earth exports threaten to disrupt auto parts production. The Vehicle Suppliers Association warns of serious supply chain risks due to the new licensing requirements, which have already halved rare-earth magnet exports. Automakers are feeling the impact, with Ford already halting production due to shortages.
European auto suppliers shut plants as China blocks rare earth flow, association says
European auto component plants are facing shutdowns due to a rare earth element shortage, triggered by recent Chinese export restrictions, CLEPA reports. Despite hundreds of applications for export licenses since April, only a quarter have been approved, causing significant disruption.
US F-35 stealth fighter has a 'kill switch', but it's controlled by China and not America
The F-35 fighter jet's effectiveness is under threat. China's dominance in rare earth elements gives it a potential 'kill switch' over US military technology. This includes the F-35, future F-47 fighters, submarines, destroyers, drones and missiles. The US relies heavily on China for these critical materials. China has already restricted exports of some elements.
US dependence on China for rare earth magnets is causing shortages
US faces challenges in restarting its domestic rare earth magnet production due to high costs and technical demands, while companies like Phoenix Tailings are attempting to address the supply gap.
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