German electronics firms worried about rare earths shortages, lobby group says
FRANKFURT, June 4 (Reuters) - Shortages in rare earths are posing ever-greater challenges for companies in Germany's electronics and digital sector, the ZVEI lobby group said on Wednesday, after China restricted exports of rare earths and other minerals.
"We can see that concern is growing. Many companies currently only have resources for a few weeks or months," ZVEI CEO Wolfgang Weber said in an emailed statement to Reuters.
Some companies are trying to find their own solutions in China, Weber added, calling for greater intervention on the issue from the European Commission and the German government.
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