EconPulse Markets. Economy. Malaysia & The World. Fri, 23 Oct 2026
Malaysia

GM cancels rare-earth magnet supply deal with US plant

GM cancels rare-earth magnet supply deal with US plant
Image: Free Malaysia Today Business

Summary

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.

Source & full coverage: this summary is aggregated from Free Malaysia Today Business, the original publisher. Read the complete report for full context, data and quotes.

Read the original report at Free Malaysia Today Business →