US Rare Earth Magnet Production Capacity Could Potentially Satisfy Demand by 2028, Though Long-Term Deficit Persists
1 week ago / Read about 0 minute
Author:小编   

Based on projections from Adamas Intelligence, the United States' production capacity for rare earth magnets is expected to hit the current import volume level by 2028, thus partially addressing domestic demand. Nevertheless, due to the swift proliferation of high-tech sectors, the pace of market demand growth in the US is anticipated to keep outstripping its supply capabilities for the foreseeable future.