Mining
Rare earth magnets
Mining, separation, and NdFeB magnet production for EVs, wind, and defense.
⚠ Separation & magnet sintering capacity
Key chokepoints
- Rare earth mining & concentrateMining
China controls most separation capacity; Myanmar clay exports are geopolitically fragile.
Related tickers: MP
- Separation & oxide productionProcessing
Separation chemistry expertise and environmental permits limit Western capacity additions.
- NdFeB magnet manufacturingManufacturing
China produces most finished magnets; non-Chinese auto OEMs seek qualified second sources.