Germany's Rare Earths Dilemma: China's Grip & Geopolitical Tensions

Germanys reliance on China for rare earths, crucial for its automotive sector, persists despite political tensions. Despite warnings to de-risk from China, German companies continue to invest heavily, with BMW recently putting billions into a battery project. The markets necessity for Chinese materials, covering over ninety-five percent of the market, makes alternative sources unviable, ensuring continued engagement.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.