China’s rare earth export curbs hit Europe’s auto industry

Posted by IHateTrains123

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    * EU trade chief says he hopes to clarify situation with Chinese counterpart
    * BMW says supplier network affected, but plants running normally
    * Supplier association CLEPA warns of further production outages due to shortages
    * Mercedes is looking for ‘buffers’ to protect supplies
    * China produces around 90% of the world’s rare earths

    !ping Europe&Containers

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