Ford Motor CEO Jim Farley Talks Rare Earth Supply
Ford Motor CEO Jim Farley says the company continues to struggle to obtain rare earth magnet supplies that are essential to car production and have already forced a temporary shutdown of one of its factories. The supply of the critical components has been trickling out of China, which has instituted a new approval process for exports of rare earths that continues to slow supply lines, Farley saidin an interview with Bloomberg's Matt Miller.
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