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via finance.yahoo.comBusiness & Companies

GM terminates rare-earth magnet supply agreement with VAC

FROM THE WIRE · FINANCE.YAHOO.COM

General Motors (GM) has cancelled its long-term rare-earth magnet supply agreement with e-VAC Magnet PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles. Upgrade Already have a…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA major automaker cancels a key supply contract, with possible effects on its supply chain.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01General Motors has cancelled its long-term rare-earth magnet supply agreement.
  2. 02The counterparty named is e-VAC Magnet.
  3. 03The available text is limited, as the full article requires a subscription.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
General Motors CompanyGMStock77.21 USDMarket closedtoday +1.45%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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