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.
Fourteen people were killed on Sunday after a helicopter belonging to Saudi oil giant Aramco crashed in Ras Tanura, according to Saudi state media....
More than 1,300 excess deaths have been recorded across Europe since June 21 as the continent faces extreme heat, World Health Organization Director-G...
Russian President Vladimir Putin has said the country is going through a “difficult period”, but has learned much from it, according to state news...
Pope Leo has expressed solidarity with people in Venezuela after twin earthquakes struck the country earlier this week, causing widespread damage and ...
Iran has launched missiles and drones targeting U.S. military sites in Bahrain and Kuwait, according to Iranian state media and a U.S. official, in re...
Iran has launched missiles and drones targeting U.S. military sites in Bahrain and Kuwait, according to Iranian state media and a U.S. official, in retaliation for recent U.S. strikes on Iran.
France has recorded 1,000 excess deaths during the severe heatwave that swept across Europe, according to the country's public health agency, which warned the final toll is likely to rise.
Lebanon says Israeli air strikes and ground operations have damaged or destroyed historic landmarks across the country's south, raising fears that parts of its cultural heritage have been lost forever.
The World Cup knockout stage is finally ready to begin after 72 group matches trimmed the expanded 48-team field down to 32.
France said on Saturday it was considering taking reciprocal measures after Burkina Faso broke off diplomatic relations.
Japan remained on high alert Saturday as Typhoon Mekkhala approached the eastern coast after Typhoon Higos weakened into a tropical depression. Authorities warned of continued heavy rain, flooding, and landslides, according to media reports.
A tanker reported being struck by a projectile in the Strait of Hormuz on Saturday, Britain's maritime security agency said, after the United States and Iran each launched strikes in the worst escalation since they signed their interim peace deal.
Germany and Poland are bracing for sweltering conditions as a deadly heatwave that has gripped Western Europe moves east, with temperatures expected to approach 40°C over the weekend.
Iran had a stoppage-time goal disallowed as they drew 1-1 with Egypt in their final Group G match at Seattle Stadium on Friday.
Russian President Vladimir Putin has said the country is going through a “difficult period”, but has learned much from it, according to state news agency TASS.
Pope Leo has expressed solidarity with people in Venezuela after twin earthquakes struck the country earlier this week, causing widespread damage and leaving communities in urgent need of assistance.
Eleven people were killed when a small plane carrying skydivers crashed near Nancy in eastern France on Sunday, local officials said.
France has recorded 1,000 excess deaths during the severe heatwave that swept across Europe, according to the country's public health agency, which warned the final toll is likely to rise.
Lionel Messi made World Cup history as Argentina finished top of Group J, while Austria and Algeria both reached the Round of 32 after a dramatic draw that ended Iran's hopes of progressing.
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