On October 21, Enedym Inc., a Canadian technology company that develops next generation switched reluctance motors (SRMs), electric powertrains, and powertrain controls, today an investment from Honda Xcelerator Ventures. The new investment will be used to accelerate Enedym’s patented motor technology development and

On October 16, Niron Magnetics announced a project in collaboration with Stellantis to develop a new generation of electric motor designs for automotive use using magnets free of rare-earth elements. Niron’s breakthrough Iron Nitride magnets are made from abundant iron and atmospheric nitrogen, available in the U.S.

On October 14, Niron Magnetics, pioneering the world’s first high-performance, rare-earth-free permanent magnets made from Iron Nitride, and the Greater St. Cloud Development Corporation (GSDC) in Minnesota, announced a partnership to highlight the project’s regional economic impact. This follows the recent groundbre

On October 14, Chara Technologies raised INR 520 million in a Series A funding round led by Arkam Ventures, with participation from Exfinity Venture Partners, Kalaari Capital, and IIMA Ventures. The capital will be used to scale production of rare-earth-free electric motors, expand Bengaluru-based R&D and manufacturi

On October 10, President Trump penned a lengthy post on his Truth Social in answer to China’s recent move to establish restrictions on rare earths, which would affect the entire world, as well as the U.S., with which China seeks to reach a trade agreement.
The President said that there seems to be no reason to meet w

On October 9, China announced new curbs on exports of rare earths and related technologies, extending controls over use of the critical elements just weeks ahead of an expected meeting between President Trump and Chinese leader Xi Jinping in late October on the sidelines of the Asia-Pacific Economic Cooperation forum

On October 6, 2025, Ola Electric announced that it had received government certification for its in-house developed ferrite motor that eliminates the need for rare-earth elements. The certification was granted by the Global Automotive Research Centre, Tamil Nadu, following rigorous performance verification and motor

On September 29, Less Common Metals (LCM) announced that it has entered a definitive agreement to be acquired by USA Rare Earth, Inc. (USAR). The acquisition, supported by a USD 125 million equity investment into USAR, provides the capital needed to expedite growth plans and expand LCM’s capabilities in the UK and Eu

On September 24, Lithium Americas said that it was in negotiations with the U.S. Department of Energy and General Motors about financing support for the Thacker Pass project. Canada-based Lithium Americas is renegotiating the terms of the USD 2.26 billion loan it received from the U.S. Department of Energy during the

On September 19, Neo Performance Materials opened its new rare earth magnet manufacturing facilities in Narva, Estonia. Neo’s magnet plant in Estonia is playing a catalytic role in strengthening European supply chains for rare earth magnets. 
The Just Transition Fund supports this plant with EUR 14.5 million. It will

On September 18, Niron Magnetics announced it has licensed a comprehensive portfolio of foundational Variable Flux Motor (VFM) patents. This strategic licensing agreement unlocks decades of cutting-edge motor research for commercial application and positions Niron Magnetics to enable next-gen electric motor performan

Germany's Vacuumschmelze (VAC), one of the few rare earth magnet producers outside China, aims to expand output at a new U.S. plant with U.S. government support, in contrast to lukewarm backing for similar plans in Europe, its CEO Erik Eschen said on September 15.
VAC CEO Erik Eschen stated that the U.S. is pushing h

The U.S. International Development Finance Corp. is in discussions to establish the fund as a joint venture with New York-based investment firm Orion Resource Partners in what would be the U.S. government’s most significant effort to boost supplies of critical minerals, according to people familiar with the matter. K

On August 13, 2025, the U.S. Department of Energy announced that it will provide funding of approximately USD 1 billion for several programs to advance and scale the mining, processing, and manufacturing of critical minerals while supporting domestic critical mineral supply chains. The proposed programs receiving not

On August 21, 2025, Bajaj Auto announced the resumption of deliveries for its electric scooter, the Chetak, across all dealerships after resolving recent constraints related to the global supply of rare earth magnets. The temporary shortages of international components had previously caused a slowdown in deliveries,

Rare Earth Americas (REA) announced its formation on August 18, 2025, and highlighted its plans to explore and develop high-grade heavy rare earth mineral assets in the U.S. and Brazil. REA’s project assets include the following:
Foothills Project (Georgia, U.S.): The project is a rare earth district discovery with r

On August 8, Tata Motors, in an investor update, stated that at present, it has an adequate inventory of rare earth for the next two to three months. It has created alternatives to address the situation. It explores options, including sourcing from regions outside China and reducing reliance on rare earth materials w

In its investor update, Uno Minda mentioned that its direct dependence on rare-earth magnets is limited, with usage primarily in the sensor business. While it has seen indirect impacts from reduced OEM volumes in the EV two-wheeler segment, the company is mitigating risks through alternate sourcing from multiple regi

In an investor update, Hero MotoCorp mentioned that the heavy rare‑earth situation remains “evolving,” but supplies are “normalized” during Q1 FY 2026 ending June and the company is “covered in the short run for both ICE and EV,” specifically through Q2 FY 2026 ending September.
Its management called rare earths an