Global Magnet Crisis Subsides as China Eases Up on Supply Curbs
China boosted shipments of rare earth magnets in June — including to the US — after a global supply squeeze…
Tag: magnet
Charged EVs | MP Materials announces deal with Department of Defense to develop US rare earth magnet supply chain
MP Materials has formed a public-private partnership with the US Department of Defense (DoD) aimed at developing a US rare…
Pentagon to become largest shareholder in rare earth magnet maker MP Materials
A wheel loader operator fills a truck with ore at the MP Materials rare earth mine in Mountain Pass, California,…
China’s rare earth magnet shipments halve in May due to export curbs
By Amy Lv and Ryan Woo BEIJING (Reuters) -China’s overseas shipments of rare earth magnets halved in May from April,…
Charged EVs | NEO ships first magnet samples produced at new European facility to traction motor customer
Canada-based NEO Performance Materials has shipped sintered magnet samples to a Tier 1 EV traction motor customer from its new…
China Rare-Earth Magnet Maker Gets Green Light for US Exports
A major Chinese manufacturer of rare-earth magnets received export permits to countries including the US, in a possible sign of…
Diplomats, automakers push Beijing to loosen rare earth magnet export restrictions
By Laurie Chen and Aditi Shah BEIJING/NEW DELHI (Reuters) – Diplomats, automakers and other executives from India, Japan and Europe…
The Next Car Production Crisis Could Be Caused by Magnet Shortage
Get The Drive’s daily newsletter The latest car news, reviews, and features. Our reliance on rare-earth minerals is creating a…