Bloomberg Businessweek Weekend - May 16th, 2025
Bloomberg Businessweek
00:00
Revamping U.S. Magnet Manufacturing
This chapter discusses the establishment of a new magnet manufacturing facility in Oklahoma, aimed at reducing U.S. reliance on Chinese supplies. It explores the anticipated production capacities, pricing strategies, and the challenges of sourcing rare earth metals domestically. The conversation emphasizes the need for investments in U.S. manufacturing infrastructure to build a competitive domestic supply chain for magnet production and rare earth processing.
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