Finance
Stellantis 'fine for June' on rare earth supplies, top manager says
Published by Global Banking & Finance Review®
Posted on June 12, 2025
1 min readLast updated: January 23, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on June 12, 2025
1 min readLast updated: January 23, 2026
Stellantis is confident about its rare earth supply for June despite past challenges due to China's export restrictions, says European operations head.
TURIN, Italy (Reuters) -Stellantis is currently unaffected by supply bottlenecks for rare earths from China, but the automaker had past difficulties in managing the situation, the head of its European operations said on Thursday.
China, which controls over 90% of global processing capacity for rare earths used in everything from automobiles and fighter jets to home appliances, imposed restrictions in early April requiring exporters to obtain licenses from Beijing.
This resulted in a squeeze of rare earth exports to Western manufacturers.
"We're all fine for June," Stellantis' Jean-Philippe Imparato said during an automotive event in Turin, Italy.
"But, let me tell you, we have spent some tough hours" on managing the whole situation, he added, without elaborating.
(Reporting by Giulio Piovaccari, editing by Alvise Armellini)
Stellantis is currently unaffected by supply bottlenecks for rare earths from China.
China imposed restrictions in early April requiring exporters to obtain licenses, resulting in a squeeze of rare earth exports to Western manufacturers.
"We're all fine for June," said Stellantis' Jean-Philippe Imparato during an automotive event in Turin, Italy.
Yes, Imparato mentioned that they have spent some tough hours managing the whole situation.
China controls over 90% of global processing capacity for rare earths used in various industries.
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