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GM and Vacuumschmelze Face Arbitration Over U.S. Magnet Supply Deal

Vacuumschmelze is a German company, and the arrangement was associated with a U.S. factory that makes rare-earth magnets.

Updated 1 min read
Rare-earth magnet blanks sit on a production bench at a factory in Sumter, South Carolina. / TokenPost.ai (macro)
Rare-earth magnet blanks sit on a production bench at a factory in Sumter, South Carolina. / TokenPost.ai (macro)

The dispute concerns GM’s ended supply arrangement for rare-earth magnets linked to a U.S. factory.

Vacuumschmelze is a German company. The factory makes rare-earth magnets.

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