Three Challenges for U.S. / Domestic Production of Rare Earth Magnet

J. Kennedy
ThREE Consulting / Caldera Holding LLC,
United States

Keywords: NdFeB, magnets, China, competitive, tax credits

Summary:

China's rare earth monopoly is now exclusively focused on three advantages. First is rare earth separation. Second is production control over magnetic chemistry (access to high purity Nd, Pr, Dy, Tb and others). Third is based on internal tax credits and cost advantages. The U.S. must overcome all three, or remain dependent on China. In this presentation I will detail the three challenges and solutions, including why a Production Tax Credit in necessary for the U.S. to be competitive with China. This would be an oral presentation only. I will provide a paper.