U.S company Noveon Magnetics raises $215 million to expand homegrown rare earth magnet supply — $630 million spent in 2025 on American reshoring efforts to divest from Chinese reliance

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*U.S company Noveon Magnetics raises $215 million to expand homegrown rare earth magnet supply — $630 million spent in 2025 on American reshoring efforts to divest from Chinese reliance* ift.tt/txn3uL1
Submitted January 20, 2026 at 02:29PM by NewMaxx via reddit ift.tt/t3orhsq
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