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US to impose 25% import tariffs on Chinese rare earth magnets in 2026
The US government announced on Tuesday May 14 that new Section 301 import tariffs will be imposed on a wide range of Chinese products and materials, including electric vehicles, steel and aluminium, semiconductors, batteries, solar cells and permanent magnets
May 15, 2024
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By Caroline Messecar
Insights
Why have rare earth prices fallen?
Caroline Messecar, strategic markets editor for Fastmarkets, explores the world of rare earth prices in her opinion piece for ‘The Crucible’ titled ‘Why have rare earth prices fallen?’
May 2, 2024
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By Caroline Messecar
Insights
China rare earth prices turn higher as sellers insist on higher prices
Chinese rare earth magnetic materials prices edged up this week after suppliers stood firm behind higher offer prices, market sources told Fastmarkets
April 22, 2024
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By Caroline Messecar
Insights
Australia’s Hancock Prospecting buys stake in US rare earth miner MP Materials
Prospecting's recent acquisition of a 5.3% stake in MP Materials has ignited widespread curiosity about its potential impact on the rare earths market
April 12, 2024
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By Caroline Messecar
Insights
E-Vac’s South Carolina rare earth magnet factory to get $112 mln IRA-funded tax credit
E-Vac Magnetics has been awarded $111.9 million in US tax credits to advance the construction of its first US rare earth magnet manufacturing facility in Sumter, South Carolina, it announced on Tuesday April 9
April 10, 2024
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By Solomon Cefai
Insights
Rare earth magnet recycling technology branches out
Recycling end-of-life rare earth magnets is an early-stage industry with a range of methods globally and low recycling rates – but there is appetite for change, Fastmarkets learned after talking to several industry participants
April 4, 2024
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By Sofia Okun
Insights
Launch of five new rare earth prices
Fastmarkets launched four rare-earth metal and alloy prices in China and a new oxide price in Europe on Thursday March 14, with the intention of improving transparency in the rare earth magnet supply chains.
March 14, 2024
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By Caroline Messecar
Insights
Fastmarkets launches rare earth metal prices
Read more on the rollout of our rare earth prices and how they aim to improve the transparency of rare earth magnet supply chains
March 14, 2024
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By Yolande Peters
Insights
Niron Magnetics gets $25 million to develop rare earth-free magnet
Niron said it is developing iron nitride magnets, which do not contain any rare earth elements. It was founded in 2014 and originated from the University of Minnesota. Niron plans to use the funds to expand its US production facilities in Minneapolis and aims to start producing 1,000 kg per year of iron nitride magnets […]
February 23, 2024
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By Sofia Okun, Caroline Messecar
Insights
China issues first batch of rare earths quotas for 2024
China has released the first round of rare earth mining and smelting and separation quotas for 2024 in a joint announcement by the country's Ministry of Industry and Information Technology and the Ministry of Natural Resources on Tuesday February 6
February 7, 2024
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By the Fastmarkets team
Insights
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