Rarely a week went by in 2025 without some newsworthy development related to rare earth elements, magnets, and electric motors. IEEE Spectrum was on top of the big ones, starting with the production ...
China controls about 90% of the entire global supply of rare earth magnets, including their mining and refining. That means that most of the neodymium, dysprosium, and terbium that end up in EV motors ...