Nintendo’s Switch 2 videogame machine uses a rare-earth magnet to attach its hand-held controllers to the main console, according to a teardown.

MP Materials has announced plans to expand rare earth mining and processing operations as Washington seeks to end its dependence on Chinese supplies.

The Defense Department is buying $400 million of stock in rare-earth mining company MP Materials as it seeks to boost domestic sources of the critical minerals.

A diplomatic breakthrough with China is the only short-term fix for easing the shortage of rare-earth magnets, a top executive at one of the largest auto components maker said, as the exports curbs by the East Asian nation chokes the production of electric vehicles.

Materials Nexus discovered a new rare-earth-free magnet called MagNex with the help of AI - here’s how they did it.

Pankaj Mohindroo, Chairman of India Cellular and Electronics Association (ICEA), welcomed the central government initiatives to ramp up rare earth magnets production in India, particularly the incentives the latter is earmarking for.

China's export curbs cast a pall of gloom over Indian industries requiring rare earth magnets. Now, the government is set to incentivize local magnet manufacturing.

The move comes against the backdrop of China imposing export restrictions on Rare Earth magnets amid rising global trade tensions.