Aug. 31 at 2:23 PM
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Starting on January 1, 2027, rare-earth magnets sourced from China will be barred from use in American military systems. Defense contractors will need to ensure that everything from the mining and refining of rare earth to the production of magnets occurs outside of China. Waivers granted by the US government are also becoming harder to obtain, which means defense companies will have greater incentive to work with US suppliers.
