China’s rare earth export curbs could hit European auto sector
NegativeFinancial Markets

China's recent decision to impose export restrictions on rare earth materials is raising concerns for the European auto sector, which heavily relies on these resources for electric vehicle production. This move could disrupt supply chains and increase costs for manufacturers, potentially slowing down the transition to greener technologies in Europe. As the demand for electric vehicles grows, the impact of these curbs could be significant, highlighting the geopolitical tensions surrounding critical materials.
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