Due to policy and market uncertainty, we are pausing construction at our South Carolina facility at this time,” the Automotive Energy Supply Corp. said in a statement.

Industry seeks Chinese approval for rare earth magnets import to avoid supply chain disruptions in automobile sector.

China's recent restrictions on rare earth magnet exports threaten to disrupt the global auto industry, with significant ...

As per the industry sources, various domestic suppliers have already sought approval from the Chinese government through ...

The government is negotiating with companies to create long-term stockpiles of rare earth magnets, aiming to reduce reliance ...