Browsing: rare earth magnets

U.S. firms are dramatically ramping up imports of rare-earth magnets from China, with shipments skyrocketing 660% as supply chain worries mount and demand for these vital materials in technology and defense soars

India is embarking on a bold mission to break China’s dominance in rare earth magnets. By aggressively boosting domestic production and strengthening supply chains, the government aims to reduce reliance and supercharge its technology and defense sectors

China’s tightened grip on rare earth magnets has sent shockwaves through India’s auto industry, igniting urgent appeals to the government for support in securing these crucial components amid soaring EV demand