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China’s rare earth export curbs hit global auto industry

21 0
06.06.2025
Mercedes-Benz was in talks with top suppliers on Wednesday about building ‘buffers’ such as stockpiles to protect against potential threats to supply.—Reuters

BERLIN: Some European auto parts plants have suspended output and Mercedes-Benz is considering ways to protect against shortages of rare earths, as concerns about the damage from China’s restrictions on critical mineral exports deepen across the globe.

China’s decision in April to suspend exports of a wide range of rare earths and related magnets has upended the supply chains central to automakers, aerospace manufacturers, semiconductor companies and military contractors around the world.

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........

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