Rare-Earth Magnet Startups Seal $1.4 Billion Deal With Trump Administration - The Wall Street Journal
November 3, 2025 The Wall Street Journal

Rare-Earth Magnet Startups Seal $1.4 Billion Deal With Trump Administration - The Wall Street Journal

Two startups aiming to produce an American supply of rare-earth magnets have sealed a $1.4 billion deal with the U.S. government and private investors. It is the latest sign that the Trump administra…