China, rare earths
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Apple Invests $500 Million in U.S. Rare-Earth Supply Chain
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China's rare earth export curbs disrupt India's electric vehicle (EV) ambitions, sparking urgent policy shifts and efforts to reduce dependency through domestic production and alternative sourcing.
This comes after China had earlier in April imposed tighter export controls on rare earth magnets — critical components for electric vehicles, wind turbines, and electronics. The move resulted in a sharp drop in global shipments and rising uncertainty across supply chains.
Just four months into his tenure at the Pentagon, private equity billionaire Steve Feinberg has landed his first big deal: a $400 million bet on the US’s only miner of rare-earth elements, a key commodity in the rivalry with China.
Explore how India is redesigning its electric vehicle powertrains to eliminate dependence on China's rare earths, strengthening its domestic industry and creating a sustainable future for EVs.
MP Materials’ goal to become a national rare-earths “champion” that can go toe-to-toe with China was turbocharged by Pentagon investment and an Apple deal. But its journey there highlights the hurdles American producers face.
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China's exports growth beat expectations in June as businesses continued to divert shipments to non-U.S. markets while shunning the U.S. despite a tariff reprieve.
Sona Comstar has developed new motors using light rare earth elements like cerium, samarium and neodymium, while Ather Energy too is keen to move towards light rare earth magnets. Ola Electric says it