On January 7, 2026, Niron Magnetics announced a collaboration with Matter Motor Works to integrate Iron Nitride magnet technology and Variable Flux Motor (VFM) designs into Matter's electric motorbike products. The collaboration brings together Matter's liquid-cooled powertrains, in-house gearboxes and intelligent ve

On January 6, China’s Ministry of Commerce (MOFCOM) announced strengthening of export controls on Japan-bound dual-use items in response to recent erroneous remarks made by the Japanese Prime Minister on China’s Taiwan region.
Dual-use items refer to goods, technologies, and services that could be used for either civ

In an investor update, Suprajit Engineering Limited updated that US tariff issues and China’s rare earth export restrictions remain unresolved, posing trade risks, while vehicle launches in its Suprajit Controls Division (SCD, excluding SCS) have been postponed or shelved, creating further uncertainty. Its restructur

On December 12, the European Commission welcomed a provisional agreement between the European Parliament and the Council on new rules for end-of-life vehicles (ELVs). The regulation covers how vehicles are designed, produced, and recycled at the end of their life. Better collection, dismantling, and recycling will he

On December 10, Ford acknowledged that its Chinese rare-earth magnet ‌suppliers ‌were included in the first batch of new export licenses issued by Beijing to boost shipments and reduce shortages of the vital components.
The so-called ‍general licenses were agreed after Presidents Xi Jinping and Donald Trump met in S

On December 3, the European Commission adopted the RESourceEU Action Plan to strengthen and accelerate efforts to secure the EU’s supply of critical raw materials, including rare earth elements, cobalt, and lithium.
Building on the Critical Raw Materials Act (CRMA), the initiative provides financing and concrete tool

On December 1, 2025, MiniMines Cleantech Solutions signed an MoU with the Karnataka government’s Department of Electronics, IT, and Biotechnology to set up an INR 3.5 billion giga critical minerals refining complex in Bengaluru. The first phase is planned with a refining capacity of 15,000 MTPA, targeting about 13,40

On November 21, the U.S. Office of Strategic Capital (OSC) announced a joint USD 700 million conditional loan commitment for Vulcan Elements and ReElement Technologies to increase domestic Neodymium Iron Boron (NdFeB) magnet production and significantly bolster U.S. critical minerals supply chains.
The two loan porti

On November 26, the Union Cabinet of India approved the 'Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets'. It aims to establish 6,000 metric tons per annum (MTPA) of integrated Rare Earth Permanent Magnet (REPM) manufacturing in India. The total financial outlay of the scheme is INR 72.8 bill

On November 20, Niron Magnetics announced that its CEO, Jonathan Rowntree, had testified before the U.S. House Select Committee and presenting the company's breakthrough Iron Nitride magnet technology as a solution to reducing America's critical dependence on rare earth materials. The company’s proprietary magnet tec

On November 22, the UK Government announced the UK’s new Critical Minerals Strategy. The strategy is backed by up to GBP 50 million in new funding. It aims to reduce the UK’s overreliance on imports of critical minerals by ramping up domestic production. It will ensure no more than 60% of the UK’s supply of any one c

On November 18, rare-earth magnet company Vulcan Elements announced it will invest USD 912 million to expand its factory in Benson, North Carolina, as U.S. companies look to compete with China over rare-earth dominance.
Vulcan Elements opened the facility in Benson in the Research Triangle Park to manufacture Neodymi

On November 18, 2025, the Ministry of Science & Technology announced that researchers led by the Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR), Bengaluru, have discovered a new form of magnetism in the rare-earth compound neodymium nitride (NdN). This breakthrough, published in ACS Nano, finds tha

On November 12, Solvay announced an agreement with Permag (US) and Less Common Metals - LCM (UK) to secure a reliable supply of rare earth materials. Through this partnership, Permag, a global leader in high-performance magnetic solutions, now has a steady and reliable supply of Samarium, a key material used in advan

On November 12, Solvay and Noveon Magnetics announced a supply agreement for light and heavy rare earth materials. Under the agreement, Solvay will supply Noveon with rare earth oxides starting in 2026. The partnership is a significant step toward establishing a sustainable supply chain for rare-earth permanent magne

On November 3, Vulcan Elements and ReElement Technologies announced a USD 1.4 billion partnership with the U.S. government to scale their 100% vertically-integrated, domestic rare earth magnet supply chain, with a focus on recycling end-of-life magnets and electronic waste.
With a USD 620 million Direct Loan from the

On November 10, 2025, Lohum Cleantech inaugurated India’s first integrated rare earth element (REE) magnet production facility in Uttar Pradesh, with an investment of INR 5 billion and a production capacity of 2,000 metric tonnes.
India’s demand for rare earth magnets stands at 4,000 tonnes in 2025 and is expected t

On November 6, the President of the Republic of Uzbekistan signed several documents with the US Secretary of Commerce. They signed an agreement on cooperation in the production of rare earth elements between the Ministry of Geology and Denali Exploration Group. 
They also signed an agreement on cooperation in the imp

On November 4, Modal Motors announced it has closed the first tranche of a USD 2 million seed funding round to support manufacturing of its electric motors at facilities in Michigan. The company makes non-rare-earth hub motors, drone propulsion systems and robotic actuators.
The funding will enable Modal Motors to mo