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 ...

Two weeks after China promised the U.S. it would ease the exports of rare-earth magnets, Chinese authorities are dragging out approval of Western companies’ requests for the critical components, a ...

MP Materials will build a $1.25 billion facility in Northlake, creating more than 1,500 jobs. The U.S. Defense Department-backed project aims to expand domestic production and reduce U.S. reliance on ...

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 ...

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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 ...

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 ...

(Reuters) -General Motors has entered into a multi-year deal under which Noveon Magnetics will supply rare earth magnets for use in components of the automaker's full-size SUVs and trucks, the magnet ...

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 ...