U.S. rare earth magnet plant reduces reliance on China

Name: U.S. rare earth magnet plant reduces reliance on China
Uploaded: 2025-11-07T20:46:20Z
Duration: 41 s
Description: Treasury Secretary Scott Bessent visited EVAT Magnetics, a rare earth magnet processing plant in South Carolina. The CEO, Dr. Erik Eschen, emphasized the plant's significance as a "game-changer," allowing the U.S. to produce its first rare earth magnet outside of China in 25 years and reduce dependence on Chinese manufacturing.

The Claman Countdown · FBN · Nov 7, 2025 · 41s

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Treasury Secretary Scott Bessent visited EVAT Magnetics, a rare earth magnet processing plant in South Carolina. The CEO, Dr. Erik Eschen, emphasized the plant's significance as a "game-changer," allowing the U.S. to produce its first rare earth magnet outside of China in 25 years and reduce dependence on Chinese manufacturing.

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