China dominates the market, but U.S. defense needs are pushing a revival effort after decades of deindustrialization.
America's War Machine Runs on Rare-Earth Magnets. China Owns That Market.
![America's War Machine Runs on Rare-Earth Magnets. China Owns That Market.](https://insighttribune.com/wp-content/uploads/2024/05/America039s-War-Machine-Runs-on-Rare-Earth-Magnets-China-Owns-That.jpeg)
China dominates the market, but U.S. defense needs are pushing a revival effort after decades of deindustrialization.