US acquires German magnet manufacturer to reduce reliance on China for rare earths

The US raw materials group has acquired Vacuumschmelze from Hanau for nearly two billion dollars, aiming to leverage German expertise to become less dependent on China for rare earth magnets.

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fazGerman9d ago

Seltene Erden: Amerikaner kaufen Magnethersteller aus Hanau, um von China unabhängiger zu werden

Die Vacuumschmelze geht für knapp zwei Milliarden Dollar an einen US-Rohstoffkonzern. Mit dem Wissen aus Hessen wollen die Amerikaner weniger auf Peking angewiesen sein.

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US acquires German magnet manufacturer to reduce reliance on China for rare earths

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Seltene Erden: Amerikaner kaufen Magnethersteller aus Hanau, um von China unabhängiger zu werden

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