Brind.
  1. China offers complete industrial supply chain and vast market, while a push toward intelligent manufacturing is boosting corporate confidence.
  2. Chinese authorities required permission for rare earth exports, leading to shortages, tariffs, and trade tensions affecting global supply chains.

GM secured a multi-year agreement with Vacuumschmelze for rare earth magnets following China's export controls.

1 report, 1 independent Updated Aug 8
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What happened

Some supportReported by 1 outlet

GM secured a multi-year agreement with Vacuumschmelze for rare earth magnets following China's export controls.

Who's involved

What this event is mainly about
General MotorsChina

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Chinese authorities required permission for rare earth exports, leading to shortages, tariffs, and trade tensions affecting global supply chains.

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Within China offers complete industrial supply chain and vast market, while a push toward intelligent manufacturing is boosting corporate confidence.

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Coverage

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  • Just AutoGM strikes deal with Noveon Magnetics for supply of rare earth magnets General Motors (GM) has inked a multi-year agreement with Noveon Magnetics, a US-based company, for the supply of rare earth mag