USA Rare Earth: G7 Limits China Dependency on Rare Earth Magnets to 60% by 2030. This Mine-to-Magnet Platform Company is Benefiting!

The G7 nations have decided on an ambitious cap to curb the overwhelming dominance of Chinese suppliers in rare earths and permanent magnets – China dominates about 90% of separation capacities and 85 to 92% of sintered NdFeB magnet production. The specific goal is unambiguously formulated: dependence on individual foreign suppliers must fall below 60% by 2030. Immediately thereafter, a further rapid reduction to the target mark of 50% is stipulated. The strategic tailwind for USA Rare Earth Hardly any company benefits as directly as USA Rare...