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 ...

Takeaways Up Front 1. The U.S. Army selected North Carolina magnet maker Vulcan Elements to supply neodymium-iron-boron ...

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 ...

BEIJING (Reuters) -Chinese rare earth magnet companies have been facing tighter scrutiny on export license applications since September, sources say, even before Beijing's move last week to expand ...

Over the past year, the US and its allies have pledged billions of dollars to develop new sources of rare earths outside ...

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 ...

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 ...

HANOI/SEOUL (Reuters) - Korean and Chinese magnet firms, including an Apple supplier, are set to open factories in Vietnam, according to documents and people familiar with the plans, amid a push to ...

JL Mag Rare Earth Co., the world’s biggest producer of magnets made from the critical minerals, said profit surged in the first half as sales boomed in growth markets including electric vehicles and ...

LONDON/BEIJING, Aug 26 (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 (MP.N), opens new ...