AI Summary

Last year the United States required about 48,000 metric tons of the most common rare‑earth magnet. Domestic production supplied only 300 tons, leaving a gap of roughly 47,700 tons. The majority of the needed supply must be imported, with China producing more than 90 % of the world’s supply. In January, the supply chain was disrupted from both directions, further limiting availability. The shortfall highlights the U.S. dependence on foreign rare‑earth magnet production.

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