Image A rare earth magnet at an MP Materials facility in Fort Worth, Texas. These small yet powerful magnets are a component of electric motors. Credit...Business Wire, via Associated Press The ...

The United States once led global rare earth magnet manufacturing. Yet over decades, it ceded this position to China, which today dominates around 90% of the market. It’s a monopoly the country ...

There are 17 rare earth elements (REEs) in all — 15 lanthanides plus yttrium and scandium. It's a fairly diverse group, with ...

China’s dominance in the rare earth sector stems from its control over the mineral deposits in Jiangxi province and the powerful magnet production hub in Ganzhou. Factories like JL Mag Rare ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. President Donald Trump has designs on potential rare earth resources in Ukraine, the Democratic Republic of ...

The transaction closed on March 31, 2025 and includes the acquisition of rare earth magnet production equipment, know-how, intellectual property, research & development, existing contracts ...