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Bloomberg Business News source @bloomberg.com Β· New York City πŸ‡ΊπŸ‡ΈΒ· 1w

#RareEarthMagnets #Manufacturing #USChinaRelations

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US Taxpayers and Trump's Son Are Backing the Same Rare-Earth Startup
Rare-earth magnets are part of the invisible warp and weft of modern life. They help seat belts fasten, wind turbines spin and missiles launch.
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The Wall Street Journal News source @wsj.com Β· New York City πŸ‡ΊπŸ‡ΈΒ· Jan 19

#RareEarthMagnets #CleanTechnology #DomesticManufacturing

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Exclusive | Rare-Earth Magnet Maker Raises $215 Million to Amp Up U.S. Supply
Noveon Magnetics, a U. S. rare-earth magnet maker, secured $215 million in funding, primarily from One Investment Management, to boost domestic production.