# EconoScope | GM’s exit exposes cracks in US rare-earth ambitions

https://mins.news/en/item/122053

- China News Service, 2026-10-30 08:12 UTC
- Economy
- Original: http://www.ecns.cn/cns-wire/2026-10-30/detail-ihfmqavp9416793.shtml

> General Motors, which accounted for 90% of orders at a South Carolina rare-earth magnet plant, canceled its long-term supply agreement with manufacturer VAC. The report says the withdrawal weakens the project and highlights broader obstacles to rebuilding US rare-earth processing and magnet-making expertise, including shortages of skilled workers and the challenge of producing reliably at competitive cost and quality.