The automaker has quietly seeded the revival of the domestic magnet industry, locking down supply amid trade tensions.
In late 2021, GM ( NYSE: GM) and Germany's VAC announced plans for a U.S. manufacturing plant for rare earth magnets. The ...
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China quietly restricted rare earth magnet exports in September contradicting May promise to US
China began making rare earth magnet export approvals harder in September, weeks before publicly announcing broader ...
(Reuters) -General Motors has entered into a multi-year deal under which Noveon Magnetics will supply rare earth magnets for use in components of the automaker's full-size SUVs and trucks, the magnet ...
Industry players have engaged with commerce minister Piyush Goyal and the ministry of heavy industries, seeking incentives to support rare-earth-free technologies alongside mining ...
BOSTON, July 31, 2025 /PRNewswire/ -- Rare earth magnets such as NdFeB and SmCo are critical materials used in electric vehicle motors, wind turbine energy generators, industrial robotics and consumer ...
USA Rare Earth expects to start operations at its rare-earth-magnet production facility in Q1 2026. Reuters reported that Vulcan Elements and ReElements signed a rare earth supply deal. Investors ...
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