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In an effort to secure the availability of rare earth minerals from domestic sources, General Motors signed a multi-year agreement with Texas-based Noveon Magnetics for rare earth magnets. GM (NYSE:GM ...
Ford Motor (F) recently announced a groundbreaking initiative: the introduction of its Ford Universal EV Platform and ...
Army Technology on MSN13d
China’s Trump card: using rare earth elements as geopolitical bargaining chips
Amid border conflict with Myanmar and a trade war with the US, Beijing’s heavy rare earth restrictions are having a global ...
In total, China exported 3,188 tons of rare earth permanent magnets globally last month, up 157.5% from 1,238 tons in May, although the June volume was still 38.1% lower than the corresponding ...
Pentagon invests $400M, becoming MP’s largest shareholder. New Texas plant will recycle materials for iPhone magnets by 2027. U.S. aims to cut China reliance amid rare earth trade tensions.
Companies linked to rare earth minerals surged after the US government announced plans to take a large stake in MP Materials, the operator of the only rare earths mine in the US.
Meuser also co-sponsored H.R. 1496, the “Rare Earth Magnet Security Act of 2025,” that would offer tax credits for domestically produced rare earth magnets.
The Defense Department will buy a 15% stake in MP Materials and fund the construction of a magnet-making facility, all with an eye toward breaking the U.S.' reliance on China for rare earths.
USA Rare Earth Will Produce Lightweight, Powerful Magnets Needed for Production of Uncrewed Air, Land and Sea Vehicles ...
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