Interesting Engineering on MSN

High-purity critical rare earths to be produced from dead magnets at 1,800-acre US site

Australia-based Ionic Rare Earths Limited (IonicRE) and US Strategic Metals (USSM) have signed a memorandum of understanding ...
Crude Oil Prices

Rare Earth Magnets Have Become the New Battleground for Global Power

China controls roughly 80% of global rare earth magnet production and has recently tightened export controls, reshaping global supply dynamics. EU imports of Chinese magnets rose 21% in August, while ...
NBC Los Angeles

MP Materials stock rips 20% higher after $500 million Apple deal for rare earth magnets

MP Materials stock climbed 20%. Shares of Apple were marginally higher. As part of the agreement, Apple will buy rare earth magnets created at the company's facility in Fort Worth, Texas. Both ...
The New York Times

The Race Is on to Make Rare Earth Magnets Outside China

After Beijing exerted its power over the valuable magnets as leverage, other countries started to add production, but only incrementally. And China is far ahead. After Beijing exerted its power over ...
NBC New York

U.S. firms scramble to secure rare-earth magnets — imports from China surge 660%

China's exports of rare-earth magnets to the United States in June surged more than seven times from the prior month, as American firms clamor to get hold of the critical elements following a ...
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Roth Capital Bets On USAR’s Rare Earth Magnet Supply Chain With $40 Price Target

USA Rare Earth (USAR) received a sharp price target raise from Roth Capital, which boosted its target on the stock to $40 from $20 while reaffirming a ‘Buy’ rating. This development follows a series ...
Business Facilities

Apple Commits $500M To Expand U.S. Rare Earth Magnet Supply With MP Materials

E arlier this month, Apple announced a new commitment of $500 million with MP Materials, the only fully integrated rare earth producer in the United States. With this multiyear deal, Apple is ...
BGR

AI Developed A New Rare-Earth-Free Magnet 200 Times Faster Than Humans

If you want to buy an electric vehicle or another device with an electric motor, chances are that motor will contain a magnet made with rare-earth minerals. These are compounds like neodymium and ...