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.

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.

The U. S. is opening its first new Wyoming coal mine in decades to extract both coal and critical rare earth metals, inching the country closer to the Trump administration’s energy independence goals.

China Northern Rare Earth and Inner Mongolia Baotou Steel Union — two of China's top rare earth producers — announced a price hike for third-quarter 2025 rare earth concentrates to CNY19,109 (approx.

U.S. Energy Secretary Chris Wright was in Ranchester, Wyoming, on Friday for the ribbon cutting to open the first U.S. rare earth mine in 70 years.

China Northern now expects to report a surge in first-half net profit to 900 million yuan to 960 million yuan, equivalent to $125.3 million to $133.7 million. At the top end of the range, that would be a more than 21-fold increase from the 45.4 million yuan in net profit reported for the first half of 2024.

In the chaos of war, there’s nothing to stop Chinese firms from ravaging the landscape and extracting the minerals, which end up in China.