Daimler Truck Increases Rare Earth Inventory to Reduce Risks

Published: Jun 18, 2025 11:58
Karin Radstrom, CEO of Daimler Truck, a German commercial vehicle manufacturer, stated that the company has decided to increase its inventory of rare earths and key raw materials in the short term to mitigate production risks. Despite the need for additional investment, the company's procurement department is closely monitoring relevant developments, and there have been no supply disruptions or production halts so far. This decision is deemed necessary due to the heightened supply uncertainty caused by China's restrictions on rare earth exports.

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Karin Radstrom, CEO of Daimler Truck, a German commercial vehicle manu - Shanghai Metals Market (SMM)