POSCO’s rare earth magnet orders advance ex-China value chain
:format(auto):focal(center))
POSCO International has agreed to sell non-Chinese rare earth permanent magnets (REPMs) to Western automakers, advancing the ex-China REPMs value chain. China produces most of the world’s REPMs, high performance magnets used in EV motors and wind turbines, as well as the rare earths ores and chemicals used to make them. The US and EU […]