In late January, the week before Commerce Secretary Howard Lutnick announced a $1.6 billion government commitment to fund a US magnet maker, bankers at his former financial services company, now run ...

Texas rare-earth magnet maker Noveon Magnetics has raised $215 million from investors as the U.S. pushes to develop domestic sources of a vital electronics component that China, the world’s largest ...

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 ...

Over the past year, the US and its allies have pledged billions of dollars to develop new sources of rare earths outside China. Indispensable to everything from missiles to electric vehicles, the ...

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, Nov 12 (Reuters) - Chemicals group Solvay (SOLB.BR), opens new tab has agreed two deals to supply rare earths to U.S. magnet makers as it seeks to ramp up its processing plant in France, the ...

Baotou, an industrial city near the Gobi Desert, is the Silicon Valley of rare earths. Off Rare Earth Street, research institutes sit alongside a museum devoted to the minerals. Nearby, JL Mag Rare ...

BAOTOU, an industrial city near the Gobi Desert, is the Silicon Valley of rare earths. Off Rare Earth Street, research institutes sit alongside a museum devoted to the minerals. Nearby, JL Mag Rare ...