Magnets Made in USA: Apple Partners with MP Materials
MP and Apple join forces.
ASM makes its first shipment of refined terbium and dysprosium from South Korea to Europe. Meanwhile, Canada’s Ucore successfully demonstrates the separation of both elements.
In addition to lifting the export duty, the resource-rich Central Asian country plans to temporarily ban the export of certain unprocessed metals.
China exported significantly more rare earth elements in June than in May.
MP Materials has entered a strategic partnership with the Department of Defense to strengthen domestic rare earth and magnet supply chains.
China is tightening its export controls, requiring increasingly detailed scrutiny of the end-use for a growing list of raw materials.