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Magnets

Magnets are materials or devices that produce a magnetic field, exerting attractive or repulsive forces on other magnetic materials. They are fundamental components in a vast range of industrial, technological and consumer applications, from electric motors and generators to data storage, medical imaging and aerospace systems. Permanent magnets, which retain their magnetic properties without external power, are particularly critical in modern manufacturing and include ferrite, alnico and rare-earth varieties. Rare-earth magnets, notably neodymium-iron-boron (NdFeB) and samarium-cobalt types, offer the strongest magnetic fields and are essential in high-performance motors, wind turbines, electric vehicles, defence systems and advanced electronics. The production of high-strength magnets depends heavily on rare-earth elements such as neodymium, praseodymium, dysprosium and samarium, which are predominantly mined and processed in China. This concentration of supply has made magnets a focal point in global critical minerals strategies, as Western economies seek to secure domestic or allied sources to reduce dependency and safeguard supply chains for defence, aerospace and clean-energy technologies. Magnet manufacturing involves complex metallurgy, sintering and coating processes to achieve the required magnetic strength, temperature stability and corrosion resistance. Demand for high-performance magnets continues to grow with the expansion of electric mobility, renewable energy infrastructure and semiconductor-dependent industries. Recycling of end-of-life magnets and development of alternative magnet chemistries are active areas of research aimed at improving supply resilience and reducing environmental impact.

Magnets News


Chikyu vessel
Japan identifies large share of rare earths in deep-sea mud off remote island
24th July 2026 By: Reuters

An analysis of rare earth-rich mud retrieved from the deep seabed off a remote Pacific Island earlier this year found medium and heavy rare earth elements accounted for about 54% of the total rare... 


Lynas' rare earths plant in Gebeng, Malaysia
Lynas' Pentagon rare earth supply deal draws Malaysia scrutiny
17th July 2026 By: Bloomberg

A Malaysian parliamentary group is scrutinizing ASX-listed Lynas Rare Earths' agreement to supply rare earths to the US, as lawmakers weigh implications for the nation’s foreign policy and... 


Titanium and zircon in hand
Energy Fuels strikes $1bn deal for German magnet maker to build mine-to-magnet supply chain
23rd June 2026 By: Reuters

Colorado-based Energy Fuels said on Tuesday it would acquire German magnet manufacturer Vacuumschmelze for about $1.9-billion in cash and stock, building an integrated supply chain from rare earth... 


USA Rare Earth Round Top project site
USA Rare Earth to invest $1.2bn in South Carolina facility to boost domestic supply
3rd June 2026 By: Reuters

USA Rare Earth said on Tuesday it will invest $1.2-billion to build a magnet manufacturing and rare earth metals facility in South Carolina, as it expands domestic production capacity. Shares of... 


Rare earths chemical symbols
USA Rare Earth commits to more investment in France
1st June 2026 By: Marleny Arnoldi

Nasdaq-listed USA Rare Earth has announced it will expand its metal, alloy and magnet making investment in France. This will build upon the company’s previously announced French initiatives, which... 


Ramaco metallurgical coal mine, in the US
REalloys partners with met coal miner Ramaco in rare earths, scandium drive
29th May 2026 By: Marleny Arnoldi

Vertically integrated US rare earth processing and magnet supply chain company REalloys has signed a memorandum of understanding (MoU) with US-based metallurgical coal miner Ramaco Resources to... 


Yangshan deepwater port in Shanghai
China cuts Japan off from some materials amid diplomatic spat
22nd May 2026 By: Reuters

China has cut Japan off from several heavy rare earths and other materials for at least four months, coinciding with a dispute between the two countries over Taiwan, suggesting Beijing is using its... 


US President Donald Trump and Chinese President Xi Jinping
Trump, Xi to weigh rare earth truce extension, but China's curbs still bite
13th May 2026 By: Reuters

China and the US are considering extending a truce on Chinese rare earth export curbs at a leaders' summit this week, but Chinese customs data shows Beijing is still throttling shipments of the... 


USA Rare Earth's Round Top project, in Texas
USA Rare Earths subsidiary achieves first pour of pure yttrium
16th April 2026 By: Marleny Arnoldi

Nasdaq-listed USA Rare Earth’s UK-based subsidiary Less Common Metals has successfully poured its first commercial batch of 99% pure yttrium metal, placing it among a small group of non-Chinese... 


MP Materials swings to Q4 profit on US government price support
27th February 2026 By: Reuters

Rare earths company MP Materials swung to a fourth-quarter profit, it said Thursday, exceeding analysts' expectations, driven by its price support agreement with the US government and sale of... 


US to back $1.6bn USA Rare Earth funding, shares jump
US to back $1.6bn USA Rare Earth funding, shares jump
27th January 2026 By: Reuters

USA Rare Earth said on Monday that the Trump administration would back a $1.6-billion debt-and-equity funding package to help it build a Texas mine and magnet facility to supply the defense and... 


China's 2025 rare earth exports hit highest since at least 2014 despite restrictions
China's 2025 rare earth exports hit highest since at least 2014 despite restrictions
14th January 2026 By: Reuters

China's rare earth exports in 2025 hit the highest level since at least 2014, even as Beijing began restricting shipments of several medium to heavy elements from April. The world's top producer... 


Image of rare earths
Round Top rare earth elements project, US – update
12th December 2025 By: Sheila Barradas

USA Rare Earth has brought forward the commercialisation schedule for the project. 


CRML 'dismantling China’s stranglehold on rare earth', says CEO
CRML 'dismantling China’s stranglehold on rare earth', says CEO
10th December 2025 By: Mariaan Webb

Nasdaq-listed Critical Metals Corp (CRML) has executed a term sheet to form a 50:50 joint venture (JV) with Romanian State-owned processor FPCU, paving the way for what the company says will be the... 


Rare earth magnet startup Vulcan Elements to build $1bn North Carolina plant
19th November 2025 By: Reuters

Vulcan Elements, a North Carolina-based rare earth magnet producer, said on Tuesday it will build a $1-billion manufacturing facility in its home state to supply US electronics and military... 


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pqt: 0.06s - ct: 0.109s - 237pq - 2rq
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