China has issued temporary export licenses to rare earth suppliers working with General Motors, Ford, and Stellantis, easing some pressure from recent export curbs, Reuters reported, citing two unnamed sources.
Some of the licenses are valid for six months, but it's unclear how much material is covered or whether the move signals a broader shift in policy.
Beijing’s export restrictions on rare earths—critical for electric vehicles, semiconductors, and defense tech—have disrupted global supply chains. China controls about 90% of global rare earth production.
Reuters noted that GM and Ford declined to comment, while Stellantis confirmed it's working with suppliers to keep production stable. Ford reportedly paused SUV production in Chicago in May due to shortages.
The report follows Reuters coverage of a new Chinese tracking system for rare earth magnets, aimed at cracking down on smuggling and tightening export oversight.
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Iran announced on Saturday (21 February) that it has designated the naval and air forces of European Union member states as “terrorist entities” in a reciprocal move after the EU blacklisted the Islamic Revolutionary Guard Corps (IRGC).
A seven-month-old Japanese macaque has drawn international attention after forming an unusual bond with a stuffed orangutan toy after being rejected by its mother.
Ukraine’s President Volodymyr Zelenskyy has approved new sanctions targeting Russian maritime operators, defence-linked companies and individuals connected to Moscow’s military and energy sectors, according to official decrees issued on Saturday.
The chief executive of Google DeepMind, Demis Hassabis, has called for more urgent research into the risks posed by artificial intelligence, warning that stronger safeguards are needed as systems become more advanced.
A seven-month-old Japanese macaque has drawn international attention after forming an unusual bond with a stuffed orangutan toy after being rejected by its mother.
Quentin Griffiths, co-founder of online fashion retailer ASOS, has died in Pattaya, Thailand, after falling from the 17th floor of a condominium on 9 February, Thai police confirmed.
Divers have recovered the bodies of seven Chinese tourists and a Russian driver after their minibus broke through the ice of on Lake Baikal in Russia, authorities said.
President Donald Trump said on Saturday (21 February) that he will raise temporary tariffs on nearly all U.S. imports from 10% to 15%, the maximum allowed under the law, after the Supreme Court struck down his previous tariff program.
Hungary announced on Friday it was blocking a €90 billion ($106 billion) European Union loan intended to support Ukraine’s 2026–2027 budget and military needs, citing disruptions to Russian oil deliveries via the Druzhba pipeline.
U.S. President Donald Trump said he plans to send a hospital ship to Greenland with Louisiana Governor Jeff Landry, drawing a quick rejection from Greenland’s prime minister.
U.S. Secret Service and local police shot and killed a man armed with a shotgun early on Sunday after he breached a secure perimeter at President Donald Trump’s Mar-a-Lago resort in Palm Beach, Florida, law enforcement officials said.
U.S. President Donald Trump is weighing why Tehran has not moved toward limiting its nuclear programme even as Washington expands its military presence across the Middle East.
Comments by U.S. Ambassador to Israel Mike Huckabee suggesting that Israel had a biblical right to much of the Middle East drew condemnation over the weekend from countries across the region, which described the remarks as “dangerous and inflammatory”.
Brazilian President Luiz Inácio Lula da Silva has said he will urge U.S. President Donald Trump to avoid a "new Cold War" when the two leaders meet in Washington next month.
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