How the Chinese dominance in the rare earths space creates a barrier for non-Chinese companies to enter the supply chain
In this episode of the Critical Minerals Corner with Jack Lifton, Jack interviews Ed Richardson, President of American’s oldest magnet maker, Thomas and Skinner Inc., and a longtime veteran himself of the permanent magnet manufacturing industry, about the possibility of the revival of an American rare earth permanent magnet industry capable of supplying the needs of the North American market.
In this InvestorIntel interview, which may also be viewed on YouTube (click here to subscribe to the InvestorIntel Channel), Ed went on to explain how the Chinese companies are competitive in the rare earths space and how the Chinese dominance in the rare earths space creates a barrier for non-Chinese companies to enter the supply chain. Jack and Ed also discussed how China is using rare earths raw materials from other countries to expand its magnet-making capacity to satisfy its own local demand.
To watch the full video, click here
About Thomas and Skinner Inc.
Thomas & Skinner is the world’s leading manufacturer of cast and sintered alnico magnets, magnetic assemblies, and transformer laminations. Through its wholly owned subsidiary, Ceramic Magnetics, Inc., Thomas & Skinner is also a leading manufacturer of soft ferrite magnets. They are committed to providing our customers with the highest-quality, highest-performing magnetic materials available.
To learn more about Thomas and Skinner Inc., click here
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Jack Lifton is the Editor in Chief, Critical Minerals for InvestorIntel.com, a capital market source celebrating its 21st year in business. He is also a ... <Read more about Jack Lifton>