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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China has restricted government purchases of European Union-made medical devices worth over 45 million yuan ($6.3 million), in response to EU trade curbs announced last month.
South African President Cyril Ramaphosa and Austrian President Alexander van der Bellen on Friday called for reforms to global governance bodies and pledged to strengthen bilateral cooperation.
Two women were killed in a stabbing attack at a bar in Hamamatsu, Japan, early Sunday morning. A 41-year-old male suspect was arrested at the scene.
China's finance ministry announced on Sunday that it is imposing restrictions on imports of medical devices from the European Union valued over 45 million yuan ($6.3 million).
A magnitude 5.5 earthquake struck off Japan’s Tokara Islands on Wednesday, with no tsunami warning issued but residents advised to remain vigilant.
The United States has rescinded licensing restrictions on ethane exports to China, allowing shipments to resume after a temporary halt and signalling progress in efforts to ease recent trade tensions.
Italy plans to grant approximately 500,000 work visas to non-EU nationals between 2026 and 2028, as announced in a cabinet statement. The initiative aims to address labor shortages by expanding legal immigration pathways
Following a deadly glacier collapse in Blatten, near the Swiss Alpine village of Kandersteg, the town is on high alert as melting permafrost and shifting rock threaten another potential disaster after it was buried a month ago.
China’s northern and western provinces are on high alert for flash floods and landslides as intense monsoon rains continue to overwhelm defences, killing at least seven and displacing communities across the country.
OPEC+ has agreed to raise oil production by 548,000 barrels per day in August, accelerating output increases amid geopolitical tensions and pressure from U.S. President Donald Trump to help ease fuel prices.
Japan plans to export six used naval destroyers to the Philippines to bolster its maritime defence capabilities against China's growing presence, Japanese media reported Sunday.
President Donald Trump has signed into law a $170 billion immigration enforcement package, setting the stage for an unprecedented expansion of U.S. border and deportation infrastructure.
China has restricted government purchases of European Union-made medical devices worth over 45 million yuan ($6.3 million), in response to EU trade curbs announced last month.
South African President Cyril Ramaphosa and Austrian President Alexander van der Bellen on Friday called for reforms to global governance bodies and pledged to strengthen bilateral cooperation.
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