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Hyundai has year-long rare earths stock amid China's curbs: Report
short by Pragya Swastik / on Tuesday, 10 June, 2025
Hyundai Motor has a one-year inventory of rare earths-related minerals and magnets needed for its EVs and hybrid vehicles, Reuters reported. Hyundai does not expect any near-term impact from global supply chain disruptions caused by China's export curbs, the report added. China, which produces around 90% of the world's rare earths, has curbed exports, affecting vehicle manufacturing globally.
read more at Reuters