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We cannot get any high-power magnets without China,” declared Ford CEO Jim Farley at a June 2025 event, a statement that encapsulates the urgency and vulnerability at the heart of America’s rare ...
Nintendo’s Switch 2 videogame machine uses a rare-earth magnet to attach its hand-held controllers to the main console, ...
CEO Jim Farley made the comment in an interview with Bloomberg News. China controls more than 90% of global rare earth processing capacity.
Rare Earth Magnet Users Jolted Into Paying Premium Prices for Ex-China Supply By Eric Onstad and Hyunjoo Jin LONDON/SEOUL (Reuters) -For years, Rahim Suleman had reached out repeatedly to ...
Rare earth magnets are in a lot of everyday items, and make a lot of your most basic electronics work, but they're also an essential component in cars.
An unprecedented rare earth magnet shortage is pushing U.S. car factories to the brink of shutdown. This critical supply chain crisis, fueled by China's export curbs, could halt vehicle production ...
USA Rare Earth partners with PolarStar Magnetics to advance domestic rare earth magnet production and supply chain.