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Reuters

Reuters

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World

Siemens Gamesa, Chinese magnet suppliers discuss European production, COO says

Reuters
Summary
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81% Informative

Wind turbine maker Siemens Gamesa is in talks with Chinese suppliers of rare earth permanent magnets about the possibility of bringing production to Europe .

Delays in Chinese rare earth export permits have caused European car makers and suppliers to scramble for alternatives.

Wind sector also depends on rare earths processed in China , most notably neodymium, which is used in permanent magnets.

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90

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English

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60

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