USA Rare Earth stock dropped despite an analyst making the case that the company can help the U.S. address its need for more rare-earth mining, refining, and finished goods production.Shares fell 8.9% to $13.

The U.S. automaker is struggling to procure rare earth materials essential to its cars, as exports from China slow.

The Trump administration is developing a plan to use Cold War-era powers to prioritize and fund rare earth projects it deems critical to national security, people familiar with the matter said.

Jim Farley said he is pleased with the progress in trade talks between the U.S. and China but has yet to see an improvement in the flow of magnets.

Rare-earth magnet supply shortages from China threaten U.S. auto production, putting key parts and plant operations at risk.

China has approved “a certain number” of export permits for rare earth elements and related items, its commerce ministry spokesman said on Thursday

Suzuki Motor last month suspended production of Swift compact cars made at a Japanese plant. A shortage of rare earths delayed supplies of needed components, Nikkei reported. Ford Motor also temporarily halted production of sport utility vehicles at its Chicago plant.