The Race Is on to Make Rare Earth Magnets Outside China

The New York TimesFriday, September 19, 2025 at 9:30:13 AM
The Race Is on to Make Rare Earth Magnets Outside China
The global race to produce rare earth magnets outside of China is gaining momentum as countries respond to Beijing's leverage over this critical resource. While production efforts are increasing, they remain slow and incremental, leaving China still in the lead. This situation highlights the importance of diversifying supply chains and reducing dependency on a single nation for essential materials.
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