Ford suppliers receive China's new streamlined rare-earth licences [Yahoo! Finance Canada]
Ford Motor Company (F)
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Source: Yahoo! Finance Canada
October 20, 2025. REUTERS/Mike Blake/File Photo By Lewis Jackson and Nora Eckert 2 min read In this article By Lewis Jackson and Nora Eckert Dec 10 - Chinese rare-earth magnet suppliers to U.S. automaker Ford Motor were included in the first batch of new ?export licences issued by Beijing to boost shipments and reduce shortages of ?the vital components, the carmaker said on Wednesday. The so-called general licences were agreed after Presidents Xi Jinping ?and Donald Trump met in South Korea and will reportedly allow larger shipments with fewer hurdles under year-long permits for individual customers. China's introduction of rare-earth export controls in April forced companies to apply for licences for every shipment, creating shortages that brought parts of ?the auto supply chain to ?a halt and handed Beijing enormous leverage in trade talks with Washington. Reuters reported last week that three Chinese magnet suppliers had licences ?issued, but Ford appears to be the
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