A turbulent year of export restrictions and tariff threats has thrust the importance of magnet makers into the global spotlight. Rare earth magnets power everything from electric vehicles, wind ...

GM signed a binding agreement with German magnet maker Vacuumschmelze, calling for the latter to build a factory in North America. Vacuumschmelze’s facility will supply GM with rare earth permanent ...

Vulcan Elements, a North Carolina startup determined to revitalize U.S. production of rare earth magnets, has chosen Johnston County as the site of its first major factory. The N.C. Department of ...

Apple is investing $500 million in MP Materials, a US producer of rare earth magnets. News of the deal sent MP Materials' stock price soaring more than 25% Tuesday. The move also sends a message to ...

Magnet makers squeezed by export curbs and weak Chinese economy Exports made up as much as 50% for some major magnet makers' sales in 2024 Recovery from export slump may be slow, even with deal to ...

(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 ...

LONDON/BEIJING (Reuters) -Prices of two rare earth elements needed for super-strong magnets have surged to their highest in more than two years after U.S. miner MP Materials stopped raw material ...

GM has invested an unspecified amount in EV rotor permanent magnet maker Niron Magnetics, as well as launching a strategic partnership with the magnet manufacturer as The General expands its North ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min A rare-earth magnet maker in ...

Detroit — The venture capital arms of General Motors Co. and Stellantis NV are among investors sinking $33 million into a Minnesota company with technology to make magnets for electric vehicle motors ...

Gov. Greg Abbott announced Thursday that MP Materials Corp. will establish a rare earth magnet manufacturing campus in Northlake called 10X. 10X is part of MP's public-private partnership with the U.S ...