Trump administration buys stake in USA Rare Earth
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In advance of President Donald Trump’s upcoming visit to South Korea later this month—where he is expected to meet Chinese President Xi Jinping for the first time since 2019—China announced that it has expanded its restrictions on rare earth and ...
The Trump administration has made a series of investments in industries it sees as vital to the U.S. economy. Shares of USA Rare Earth Inc. have been soaring as investors look to get a jump on the next corporate investment by the Trump administration.
Last week China introduced new draconian restrictions on rare-earth magnet exports, a reminder of its power to disrupt global supply chains—and cause American manufacturers, including carmakers, to halt production. American auto companies have long ...
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 turbines to smartphones and medical equipment. "Frankly, we ...
China has suspended export controls announced this month, but was conspicuously silent about rules imposed earlier, which are snarling global supply chains. By Keith Bradsher Reporting from Beijing China has agreed to stand down on enforcing some of its ...
Vulcan Elements, a Durham-based startup manufacturing rare-earth magnets, says it plans to hire around 1,000 workers at a new $1 billion factory in the town of Benson in Johnston County. Why it matters: Rare-earth magnets have become a prominent friction ...