Relevant Media, page-3224

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Christopher Ecclestone of Hallgarten + Company (UK) commented on the changes, specifically the impact on the natural graphite and permanent magnets sectors: “This announcement alters the competitive landscape by removing what is seen as unfair competition from China. Consequently, prices in the West for these materials are expected to rise by about 25%, which improves the economic viability of these projects.”

Jack Lifton, Co-Chair of the Critical Minerals Institute (CMI) and a key speaker at the upcoming Magnetic Metals Show in Pasadena, CA, shared extensive insights into the economic implications of these tariff adjustments: “This allows American producers of these items to raise their prices and maintain those increased prices. All permanent magnets and magnet-enabled devices from China will now face a surcharge of 25% of the value of the contained magnets. This represents an opportunity for the mining industry as they can now increase the prices of their rare earths, rare earth metals, and alloys.”