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GM cancels rare-earth magnet supply deal with US plant

   2026-10-23 FMT 4
Core Tip: GM’s cancellation of its deal with US magnet maker VAC highlights challenges Western firms face in building domestic rare-earth magnet production and

GM cancels rare-earth magnet supply deal with US plant

GM’s cancellation of its deal with US magnet maker VAC highlights challenges Western firms face in building domestic rare-earth magnet production and reducing reliance on China.
 
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