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

Noveon Magnetics announced that it reached a multi-year supply agreement with General Motors to provide rare earth magnets for a wide range of vehicle components. Noveon started production prior to the development of the agreement and began rear earth magnet deliveries to GM in July 2025. Under the supply agreement,

In its annual report for FY 2024-25, Maruti Suzuki India (MSIL) announced that a recent Chinese requirement for export licenses on rare earth magnets has created new uncertainty for the auto industry. MSIL reported no production losses so far and hopes export licenses will be issued soon.
The company also pointed to

In an investor update, Mahindra & Mahindra confirmed there are no expected disruptions in its rare earth magnet inventory for at least the next two quarters, reaffirming that the supply chain is “comfortably covered” and that proactive steps—including substituting rare earth materials with alternatives like ferrites—

On July 31, EMR Group joined the GBP 11 million CirculaREEconomy (CREEM) consortium, led by Ionic Technologies, Ireland, to help build advanced circular supply chains for rare-earth magnets. The goal is to recover and reuse magnets from old EVs in a scalable and sustainable way. CREEM is part of the UK’s GBP 2.5 bill

On July 24, European Commission President Ursula von der Leyen issued a statement following the EU-China Summit. She stated that the EU accounts for 14.5% of China's total exports, yet China only represents 8% of its exports. This is mostly due to an increasing number of trade distortions and market access barriers.

On July 23, the Atomic Minerals Directorate for Exploration and Research (AMD), under the Department of Atomic Energy, announced its ongoing efforts to explore and augment rare earth elements (REE) across various geological regions in India. AMD estimates about 7.23 million tonnes of rare earth oxides contained in mo

On July 23, the President of the German Association of the Automotive Industry (VDA) stated that the EU-China summit is particularly important considering the trade and geopolitical challenges.  The exchange should serve as a platform to address contentious issues and promptly seek solutions. For the German automotiv