𝗔𝗺𝗲𝗿𝗶𝗰𝗮’𝘀 𝗠𝗮𝗴𝗻𝗲𝘁 𝗠𝗼𝗺𝗲𝗻𝘁

North America’s #magnet industry is quietly powering into a new era

Now worth $𝟱.𝟭𝗕 and growing faster than global averages at 𝟱.𝟱%

1️⃣ 𝗡𝗱𝗙𝗲𝗕 magnets dominate with 𝟱𝟭% market share, driven by EV and wind growth.

2️⃣ #Automotive accounts for nearly 40% of demand, making magnets the new oil wells of electrification.

3️⃣ U.S. policy and capital are fueling domestic production, #recycling, and feedstock recovery.

𝗕𝗨𝗧:

China still refines 90% of #NdFeB and controls most magnet patents and pricing.

At 𝗥𝗮𝗿𝗲 𝗘𝗮𝗿𝘁𝗵 𝗘𝘅𝗰𝗵𝗮𝗻𝗴𝗲𝘀, our latest Magnet Market Rankings show which North American projects are best positioned to close that gap

🔗https://lnkd.in/ei28BiRX

🔗https://lnkd.in/efqzt3bn

source : Rare Earth Exchanges

polymerguru