As rare earth magnet shortages threaten India’s EV and defence sectors, a little-known state-run firm, 75 years old, is ...

Details here Apple signs $500 million deal with MP Materials for rare earth magnets, eyes US supply chain expansion \| Det ...

China has a chokehold on Rare Earth Elements. That is not hyperbole—it is reality. Beijing controls nearly 90 percent of global REE refinement and more than 90 percent of permanent magnet production.