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 ...
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 ...
China's export restrictions on rare earths brought parts of the global auto supply chain to a halt and U.S. President Donald Trump to the negotiating table. But at home, they're a big headache for ...
Gov. Greg Abbott announced Thursday that MP Materials Corp. will establish a rare earth magnet manufacturing campus in Northlake called 10X. 10X is part of MP’s public-private partnership with the U.S ...
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 ...
GM has invested an unspecified amount in EV rotor permanent magnet maker Niron Magnetics, as well as launching a strategic partnership with the magnet manufacturer as The General expands its North ...
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 ...