A turbulent year of export restrictions and tariff threats has thrust the importance of magnet makers into the global spotlight. Rare earth magnets power everything from electric vehicles, wind ...

GM signed a binding agreement with German magnet maker Vacuumschmelze, calling for the latter to build a factory in North America. Vacuumschmelze’s facility will supply GM with rare earth permanent ...

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Prices of two key rare earths used in high-strength magnets have jumped to the highest point in 2 years after US-based miner MP Materials halted exports of raw materials to China, the world’s top ...

Magnet makers squeezed by export curbs and weak Chinese economy Exports made up as much as 50% for some major magnet makers' sales in 2024 Recovery from export slump may be slow, even with deal to ...

LONDON/BEIJING (Reuters) -Prices of two rare earth elements needed for super-strong magnets have surged to their highest in more than two years after U.S. miner MP Materials stopped raw material ...

The Defense Department will buy $400 million of preferred stock in MP Materials. MP Materials owns the only operational rare earth mine in the U.S. at Mountain Pass, California. It will build a second ...

French chemical company Solvay (OTCPK:SVYSF) (OTCPK:SLVYY) reached two agreements to supply rare earth oxides to U.S. magnet makers Noveon Magnetics and Permag, Reuters reported Wednesday; financial ...

By removing rare earths from the equation, these designs promise cleaner supply chains and more sustainable production.

Detroit — The venture capital arms of General Motors Co. and Stellantis NV are among investors sinking $33 million into a Minnesota company with technology to make magnets for electric vehicle motors ...