USA Rare Earth Seeks More Deals, Growth to Break China's Hold
Geopolitics · Bloomberg ·
USA Rare Earth is pursuing additional acquisitions and scaling its Oklahoma magnet plant to build a Western supply chain for neodymium and praseodymium magnets used in EVs, defense systems and wind turbines. Executives told Bloomberg the company is actively hunting for deals to accelerate its push to break China's dominance in the rare earth magnet market.