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German engineering sector calls on EU to secure access to magnets in China

Published by Global Banking & Finance Review

Posted on October 27, 2025

1 min read

· Last updated: January 21, 2026

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German engineering sector calls on EU to secure access to magnets in China
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FRANKFURT (Reuters) -Germany's VDMA machinery and equipment manufacturers' lobby said on Monday it welcomed a push by the European Union to reduce the region's dependence on imports of critical raw

VDMA Urges EU to Ensure Access to Critical Magnets from China

VDMA's Call for Secure Magnet Access

FRANKFURT (Reuters) -Germany's VDMA machinery and equipment manufacturers' lobby said on Monday it welcomed a push by the European Union to reduce the region's dependence on imports of critical raw materials from China, urging for a particular focus on permanent magnets.

Importance of Raw Materials for Industry

In a statement, the association said the entire sector of European small and medium-sized industrial companies was dependent on access to raw materials.

Focus on Permanent Magnets

"Permanent magnets are a particular focus for the mechanical and plant engineering sector," it added.

(Reporting by Ludwig Burger, Editing by Friederike Heine)

Key Takeaways

  • VDMA emphasizes the need for EU to secure magnet access.
  • European industries depend on Chinese raw materials.
  • Permanent magnets are crucial for engineering sectors.
  • EU aims to reduce dependency on Chinese imports.
  • VDMA supports EU's push for raw material independence.

Frequently Asked Questions

What are permanent magnets?
Permanent magnets are materials that maintain a persistent magnetic field without the need for an external power source. They are crucial in various applications, including electric motors and generators.
What is the VDMA?
The VDMA, or the German Engineering Federation, represents the interests of machinery and equipment manufacturers in Germany. It advocates for policies that support the industry, including access to raw materials.
What are critical raw materials?
Critical raw materials are essential materials for the economy that have a high risk of supply disruption. They are vital for manufacturing and technology sectors, including permanent magnets.

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