#RareEarthMagnets

The Daily Tech Feed

@thedailytechfeed.com

3 months ago

Vulcan Elements lands a $620M defense contract to boost domestic rare-earth magnet supply, backed by 1789 Capital. #DefenseContract #RareEarthMagnets #VentureCapital #NationalSecurity Link: thedailytechfeed.com/vulcan-eleme...

bne IntelliNews

@intellinews.com

3 months ago

India approves domestic rare earth magnet scheme India has authorised final approval for a programme to establish an integrated manufacturing base for sintered rare earth permanent magnets.

India has authorised final approval for a programme to establish an integrated manufacturing base for sintered rare earth permanent magnets. Bne IntelliNews #India #RareEarthMagnets #Manufacturing #Innovation #TechIndustry

Ars Technica News

@arstechni.ca

5 months ago

“Extremely angry” Trump threatens “massive” tariff on all Chinese exports https://arstechni.ca #rareearthmagnets #us-chinatradewar #chinatariffs #trumptariffs #DonaldTrump #rareearth #Policy

trending stonks

@trendingstocks.bsky.social

7 months ago

Mountain Pass: Magnet Goldmine - All-In Summit

#supplychain #mountainpass #ai #rareearthmagnets

Startupmac

@thestartupmac.com

7 months ago

Apple’s investment aims to build domestic recycling and production of critical rare-earth magnets, reducing reliance on foreign supply chains and boosting national chip security.

Apple pledges $500 million to US rare-earth recycling via MP Materials #rareearthmagnets #innovation #technology #futureoftech #rareearthrecycling

fetchfeeds.com

@fetchfeeds.bsky.social

8 months ago

Pentagon acts to strengthen US rare earth magnet supply chain vital for defense & EVs. 🔁🇺🇸 #RareEarthMagnets https://fefd.link/C8VBY

The Daily Tech Feed

@thedailytechfeed.com

8 months ago

Apple invests $500M in MP Materials to boost U.S. rare earth magnet production, enhancing domestic supply chains and sustainability. #Apple #MPMaterials #RareEarthMagnets #USManufacturing #Sustainability Link: thedailytechfeed.com/apples-500-m...

WealthWise

@wealthwise-dca.bsky.social

8 months ago

MP Materials soared over 50% on Thursday after announcing a major public-private partnership with the U.S. Department of Defense.

#MP #MPStock #MPNews #MPStockNews #MPMaterials #MPMaterialsStock #MPMaterialsNews #MPMaterialsStockNews #RareEarthMetals #RareEarthMagnets #RareEarth #Pentagon

WealthWise

@wealthwise-dca.bsky.social

8 months ago

Chinese investment in overseas mining surged to a decade high in 2023, with 10 deals valued over $100 million—the most since 2013, according to S&P, Mergermarket, and Griffith Asia Institute data.

#RareEarth #RareEarthMetals #RareEarthMagnets #USChina #China #TradeWar

Profit Trading USA

@profittradingusa.bsky.social

8 months ago

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 automakers and other potential clients to market the rare earth magnets from the plant his company was building in Estonia, one of just a handful outside dominant producer China. But after April 4, when Beijing imposed new restrictions on the super-strong magnets used in electric vehicles and wind turbines, Suleman retired his sales pitch. He didn’t need it any more. Ever since China’s export controls tightened some rare earth exports to a trickle in the midst of a trade war with the U.S., causing chaos in supply chains and some auto plant shutdowns, "the phone is ringing off the hook", said Suleman. Companies starting new plants in Europe, the U.S. and Asia had previously reported difficult talks on deals that embedded the higher costs to make magnets outside China, which benefits from cheaper labour costs and economies of scale as well as government support via tax refunds. But the crisis has led many customers to soften or drop objections about paying those premiums as they scramble to hammer out deals, according to a dozen industry participants including automakers, magnet makers, rare earth producers, consultants and government officials interviewed by Reuters. While rare earths magnets from China are beginning to flow again, customers remain on edge about the threat of future shortages. Suleman’s company, Neo Performance Materials, launched output of permanent magnets at its Estonia plant in May. Now, he said, "everybody wants to talk about how (they can) satisfy their demand out of our facility". He said he has no worries about lining up enough customers who will pay a premium - $10 to $30 per kg, with EVs typically holding 2-4 kg of magnets per vehicle - over the price they usually pay for Chinese magnets. Output at Neo’s factory in Estonia is starting small, providing samples to its first customer, which Suleman declined to identify. German auto parts supplier Schaeffler told Reuters it is a customer of the plant, but declined to comment on how much it is paying. In Korea, customers of NovaTech, which produces magnets in China, are prepared to pay 15% to 20% more for magnets made in Vietnam, a company source told Reuters, adding there was "a growing sense of crisis among customers". The company, which sells China-made magnets used in Samsung (KS:005930)’s phones and tablets, is investing at least 10 billion won ($7.39 million) in a plant in Vietnam launching early next year to make magnets using locally processed rare earths from a partner, the person and another company official told Reuters. Britain’s Less Common Metals, one of the few firms outside China involved in a key step of rare earths processing - making rare earth metals and alloys - says it is battling to cope with new enquiries. "Now, post-April 4, it’s like someone stuck a cattle prod into the whole industry," said Grant Smith, its majority owner and chairman. He said LCM has held discussions with numerous companies that use magnets as they seek alternative supply sources, though he declined to name them. The firm now has plans to expand into France and other countries. A FINE BALANCE Despite the new willingness to pay a premium, it will take many years or even decades to build up production outside of China, which accounts for 90% of global permanent magnet supply, industry participants said. And the question of how much more should be paid for rare earths and magnets outside of China is a tricky one. Too high a premium for mined rare earths could see consumers cutting down their use, while premiums that are too low would not be enough to allow for construction of ex-China projects, analysts and consultants say. Automakers are willing to pay more to guarantee ex-China supplies, but they are also in the midst of an EV price war that has left them with razor-thin margins, and will still be queasy at what they regard as excessive premiums, according to industry participants. One executive at a rare earths company said their firm has held discussions with automakers that are prepared to pay $80 per kg for neodymium-praseodymium oxide (NdPr), a rare earth needed for magnets used in motors and generators - a figure Reuters has not independently verified. That is already a significant - near 30% - premium over the Chinese price of $62 based on data from price reporting agency Fastmarkets. "The purchasing departments have it in their DNA to save each cent or fraction of a cent, but things are changing," said the executive, who declined to be identified because he is not authorised to speak to the media. "They’re realising they’re losing more by having to close a plant for a month than paying a premium to guarantee supplies.” Critical minerals consultancy Project Blue says that for NdPr, a price of $75 to $105 per kg is needed to support enough production to meet demand. Australia’s Barrenjoey goes further, saying NdPr prices need to be $120 to $180 per kg to fund a substantial wave of production that would encompass around 20 global mining projects. One executive at a European automaker said his industry could not afford to pay excessive premiums. His company has agreed deals for other critical minerals at a 5% to 10% premium, based on certification they are produced sustainably, he said. His company sold cars globally, he said, and could not make a profit if it had to pay a high premium for all the raw materials produced outside of China. Some automakers, such as BMW (ETR:BMWG), have developed EVs that do not use rare earths, while others have reduced the amount of rare earths in their vehicles. However, getting rid of rare earths is not feasible in the medium term, analysts say. Neo’s Suleman said everyone in the industry had to work together to create a supply of rare earths outside China. "I don’t think that we’re looking at this and saying the floodgates are open, let’s just charge whatever we want, we need to be responsible," he said. ($1 = 1,353.6800 won)

Click Subscribe #RareEarthMagnets #SupplyChain #ElectricVehicles #RenewableEnergy #China

WealthWise

@wealthwise-dca.bsky.social

8 months ago

China to Resume Rare Earth Exports to U.S. After Trade Pact Breakthrough

#RareEarth #RareEarthMagnets #RareEarthMetals #ChinaUSA #RareEarthExportRestrictions #Tariffs #TariffWar #Trump #DonaldTrump #TradeWar #MPStock #MPNews #MPStockNews #USAR #USARStock #USARNews #USARStockNews
$MP $USAR

WealthWise

@wealthwise-dca.bsky.social

8 months ago

Despite a recent pact with the U.S. to ease restrictions, China is still slow-walking export approvals for rare earth magnets, according to The Wall Street Journal.

#RareEarth #RareEarthMagnets #RareEarthMetals #ChinaUSA #RareEarthExportRestrictions #Tariffs #TariffWar #Trump #DonaldTrump

Profit Trading USA

@profittradingusa.bsky.social

8 months ago

Click Subscribe #Investing #USChinaRelations #RareEarthMagnets #ScottBessent #EconomicPolicy

WealthWise

@wealthwise-dca.bsky.social

8 months ago

U.S. to Revoke Chip Waivers as China’s Magnet Exports Hit 5-Year Low

#MP #MPStock #MPNews #MPStockNews #MPMaterials #MPMaterialsStock #MPMaterialsNews #MPMaterialsStockNews #RareEarth #RareEarthMetals #RareEarthMagnets #China #ChinaUSA #TradeWar #Semiconductors #TSM #TSMStock #TSMNews #TSMStockNews

Profit Trading USA

@profittradingusa.bsky.social

9 months ago

Ford struggles with supply of rare earth magnets, CEO tells Bloomberg News Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks. Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website. It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Click Subscribe #Ford #SupplyChain #RareEarthMagnets #BloombergNews #ElectricVehicles

China Biz Buzz

@china-biz-buzz.bsky.social

9 months ago

JUST IN
#China's commerce ministry -- #rareearthmagnets export is approval-based.
So not upfront.
And according to Lutnick on Ingraham, six months
So it's approval-based for six months.
#EconSky

Peter Christian Hall

@peterchristianhall.bsky.social

9 months ago

America Has Plenty of Rare Earths. But Not for Long An administration determined to halt the energy transition knows it’s already lost the argument.

#Trump started a #TradeWar with #China that the #US cannot win because we do not have sufficient #RareEarths and #Biden #InflationReductionAct—which Trump and Congress are moving to erase—was America's only hope of closing the gap. #RareEarthMagnets #Weaponry #USMilitary #CleanTech

Profit Trading USA

@profittradingusa.bsky.social

9 months ago

Click Subscribe #EUDependence #RareEarthMagnets #SupplyChain #ChinaDependency #IndustrialStrategy

Liliputing

@liliputing.bsky.social

10 months ago

US temporarily lowers tariffs on Chinese shipments to 30 percent US and Chinese officials met over the weekend to talk trade and so far the result is that the US has agreed to temporarily lower tariffs on most items shipped from China to the US, while China has also agreed to lower tariffs and allow shipments of rare earth metals for the time being. For the next 90 days, the highest tariffs on Chinese shipments will fall from 145 percent to 30 percent, while China will lower tariffs on US shipments to 10 percent.

US temporarily lowers tariffs on Chinese shipments to 30 percent #China, #DeMinimis, #Government, #RareEarthMagnets, #RareEarthMetals, #Tariffs, #TradeWar

WealthWise

@wealthwise-dca.bsky.social

1 year ago

MP Materials launches U.S. production of rare earth magnets

Video: youtube.com/shorts/1YDhu...

#MP #MPStock #MPNews #MPStockNews #MPMaterials #MPMaterialsStock #MPMaterialsNews #MPMaterialsStockNews #RareEarthMagnets #NdPrMetal #NdPr #NdPrUSA #NdFeB #NdFeBUSA #NdFeBMagnets #RareEarthMagnetsUSA
$MP