Overview
- European Chamber data point to 46 factory stoppages in September, up from seven in August, with more likely through December.
- Of 141 export-license applications filed in China, 19 were approved, 121 remain pending, and one was rejected due to a data error.
- One member company reported losses of several million euros, and the Chamber warns of threats to global supply chains.
- An EU-brokered mechanism announced in July delivered some relief, yet many firms still struggle to secure essential materials.
- Rare earths vital for permanent magnets, electronics, LEDs and EV motors are largely produced and processed in China, giving Beijing significant leverage.