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The U.S. struggles to build a rare earth magnet supply chain due to shortages of critical heavy elements and reliance on China.
The U.S. and Western allies are advancing efforts to build a domestic rare earth magnet supply chain to reduce reliance on China, focusing on MP Materials' Nevada and California operations.
However, progress is slowed by a critical shortage of heavy rare earth elements like dysprosium and terbium, essential for high-performance magnets in defense, EVs, and wind turbines.
Despite significant investment and new partnerships, the U.S. lacks sufficient domestic processing capacity, with China expected to supply 91% of Western heavy rare earth needs by 2030.
Global demand outpaces supply, driving up prices and highlighting ongoing vulnerabilities in the supply chain.
Estados Unidos tiene dificultades para construir una cadena de suministro de imanes de tierras raras debido a la escasez de elementos pesados críticos y la dependencia de China.