The neodymium-iron-boron magnets MP Materials is developing are...

The neodymium-iron-boron magnets MP Materials is developing are the world’s most powerful and efficient permanent magnets.They are an indispensable component found in the electric motors and generators that power hybrids and EVs, robots, wind turbines, drones, electronics and critical defense systems.Global demand is expected to triple by 2035.The company is leading the way in a US government race to develop a rare earth magnet supply chain as the nation looks to move away from supplies from China.The US and Australian governments have forged a strong partnership aimed at improving the US rare earth and critical minerals supply chain with significant US funding being poured into a number of local projects. QUOTE
Funding will begin to ramp up in this election year , the US is the place to be , ARR is ready to deliver IMO

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