US proposes magnet tariffs, other supply chain reforms

By William Clarke
Published: Tuesday, 08 June 2021

The United States government has published a sweeping review of US supply chains, proposing measures to increase domestic production of a number of key minerals and products. These measures include a proposed tariff on neodymium magnet imports.

In February 2021, recently inaugurated US President Joe Biden indicated that there would be a government review of the resilience of critical minerals supply chains in the country.

The latest set of findings covers four main sectors: semiconductors, batteries, critical minerals and pharmaceuticals.

"With demand for clean energy technology increasing...

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


           



Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.