Lol, you expecting them to pay 13% Chinese VAT?
Then pay the tax on oxides entering China for magnet manufacture?
Just how expensive do you think these mags are going to be by the time they get to ROW end user?
Very solid economic reason ROW manufacture NdFeB has not grown past decade while China has substantially, and higher prices only extenuate that.
Aside from that reality, which US may neutralise with a tariff, God help EU buffoons, what company Board is going to sign off on a fixed price contract with a tiny little spec company with zero RE production experience and a bare minimum of five years off producing anything on spec reliably???
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