"Without reliable access to these elements and magnets, automotive suppliers will be unable to produce critical automotive components, including automatic transmissions, throttle bodies, alternators, various motors, sensors, seat belts, speakers, lights, motors, power steering, and cameras," the Alliance for Automotive Innovation wrote in the letter.
It seems the time has come to separate the reliable supply of Lynas product from unreliable Chinese supply lines. Paying Lynas a price that reflects its production costs in order to insure a reliable supply of the REEs needed to produce products, like automobiles, is now a reality. Get ready to Rock !
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