The #Pentagon Wants 300,000 #Drones But #China Controls The Magnets

A modern manufacturing facility showcasing equipment for extracting rare earth elements, with workers in safety gear preparing for drone production. The background features a sunset view with a city skyline.

The Pentagon recently placed the largest drone order in American history — 30,000 one-way attack drones, with plans to scale past 300,000 by early 2028. There’s one major problem: every one of those drones runs on a rare earth magnet. And according to Goldman Sachs, roughly 98% of the world’s magnets are manufactured in China.

That’s the dilemma REalloys has spent years building to solve. The company holds the only fully non-Chinese “mine to magnet” heavy rare earth supply chain in North America — from processed metals to finished alloys to the magnet-ready inputs that defense contractors actually need.

Read more at: The Globe and Mail

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