The West actively works to establish a domestic supply chain for magnets. This aims to lessen strategic dependence on China. Geopolitical rivalry deepens as China restricts critical material exports. Key heavy rare earth elements, like dysprosium and terbium, are difficult to source globally.
Strategic Push for Independence
Western nations prioritize independent magnet supply chains. This reduces reliance on China. Intensified geopolitical tensions drive this shift. China’s export limits underscore the urgent need for diversification.
Sourcing Challenges and Key Elements
The global market faces challenges in acquiring specific rare earth elements. These materials are vital for modern technology. Dysprosium and terbium, heavy rare earths, are particularly scarce. Their limited availability complicates alternative supply routes.
U.S. Leadership and New Suppliers
The United States spearheads efforts for alternative supplies. Companies like MP Materials lead this domestic production push. Brazil emerges as a significant heavy rare earth ore exporter. This offers a new source for Western nations, mitigating risks.
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