SMF - Just Installed!
Quote from: Shen Li on June 05, 2025, 08:24:47 PMPraise the Motherland.
Quote from: Lokmar on June 05, 2025, 12:46:59 PMFUK CHINA! CHINA IS ASSHOLE!Praise the Motherland.
https://youtu.be/8fwgVUfW_O4
Quote from: Lokmar on June 05, 2025, 12:59:00 PMFukin chanks are liars too! They make an agreement and promptly break it. If I were POTUS, I'd embargo ALL china goods. I support Thermonuclear War against china and winnie the xi!!!! FUK CHINA IN ITS SHITTY CHANK ASSHOLE!It is not a country with the rule of law. We open up our country to tariff free trade and they will not allow Western products into their country unless it's assembled in China.
Quote from: Brent on June 05, 2025, 12:07:25 PMThey do not compete fairly.
Quote from: Shen Li on June 04, 2025, 09:41:07 PMChina is a competitor of the West. That's it.
Quote from: Shen Li on June 04, 2025, 09:41:07 PMChina is a competitor of the West. That's it.They do not compete fairly.
Quote from: Thiel on June 04, 2025, 04:13:27 PMIt is our own fault. Rare earths produce a lot of pollution. But, we need them. It's dangerous and just plain stupid relying on a hostile foreign government.China is a competitor of the West. That's it.
Quote from: Brent on June 04, 2025, 11:39:47 AMShame on us for letting China control rare earth mineral supplies.It is our own fault. Rare earths produce a lot of pollution. But, we need them. It's dangerous and just plain stupid relying on a hostile foreign government.
Quote from: formosan on June 04, 2025, 10:41:00 AMThis is a very serious situation.
Alarm over China's stranglehold on critical minerals grew on Tuesday as global automakers joined their U.S. counterparts to complain that restrictions by China on exports of rare earth alloys, mixtures and magnets could cause production delays and outages without a quick solution.
German automakers became the latest to warn that China's export restrictions threaten to shut down production and rattle their local economies, following a similar complaint from an Indian EV maker last week.
China's decision in April to suspend exports of a wide range of critical minerals and magnets has upended the supply chains central to automakers, aerospace manufacturers, semiconductor companies and military contractors around the world.
Shipments of the magnets, essential for assembling everything from cars and drones to robots and missiles, have been halted at many Chinese ports while the Chinese government drafts a new regulatory system. Once in place, the new system could permanently prevent supplies from reaching certain companies, including American military contractors.
The suspension has triggered anxiety in corporate boardrooms and nations' capitals - from Tokyo to Washington - as officials scrambled to identify limited alternative options amid fears that production of new automobiles and other items could grind to a halt by summer's end.
"If the situation is not changed quickly, production delaysand even production outages can no longer be ruled out," Hildegard Mueller, head of Germany's auto lobby, told Reuters on Tuesday.
Frank Fannon, a minerals industry consultant and former U.S. assistant secretary of state for energy resources during Trump's first term, said the global disruptions are not shocking to those paying attention.
"I don't think anyone should be surprised how this is playing out. We have a production challenge (in the U.S.) and we need to leverage our whole of government approach to secure resources and ramp up domestic capability as soon as possible. The time horizon to do this was yesterday," Fannon.
Diplomats, automakers and other executives from India, Japan and Europe were urgently seeking meetings with Beijing officials to push for faster approval of rare earth magnet exports, sources told Reuters, as shortages threatened to halt global supply chains.
A business delegation from Japan will visit Beijing in early June to meet the Ministry of Commerce over the curbs and European diplomats from countries with big auto industries have also sought "emergency" meetings with Chinese officials in recent weeks, Reuters reported.
India, where Bajaj Auto warned that any further delays in securing the supply of rare earth magnets from China could "seriously impact" electric vehicle production, is organizing a trip for auto executives in the next two to three weeks.
In May, the head of the trade group representing General Motors, Toyota, Volkswagen, Hyundai and other major automakers raised similar concerns in a letter to the Trump administration.
"Without reliable access to these elements and magnets,automotive suppliers will be unable to produce criticalautomotive components, including automatic transmissions,throttle bodies, alternators, various motors, sensors, seatbelts, speakers, lights, motors, power steering, and cameras,"the Alliance for Automotive Innovation wrote in the letter.
https://www.msn.com/en-ca/money/topstories/global-alarms-rise-as-china-s-critical-mineral-export-ban-takes-hold/ar-AA1G1p3b?ocid=hpmsn&cvid=73ac612ad6864f68ab39ed95e34162f6&ei=32
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