Nintendo’s Switch 2 videogame machine uses a rare-earth magnet to attach its hand-held controllers to the main console, ...

China accounts for about 60% of global rare earth mine production, but its share jumps to 85%-90% of processed rare earths and magnet output.

Reuters. FILE PHOTO: A view of pressers and furnaces used to make rare earth permanent magnets at a factory owned by Neo Performance Materials, in Narva, Estonia, March 10, 2025.