Comment by mullingitover
5 days ago
They manufacture the magnets, but they don't produce the rare earths themselves. They're still getting something like 60-70% of their supply from China.
5 days ago
They manufacture the magnets, but they don't produce the rare earths themselves. They're still getting something like 60-70% of their supply from China.
That's 60% to 70% down from 90%+ and dropping steadily every year.
https://www.nytimes.com/2025/12/08/business/japan-rare-earth...
Right, and that 20-30% drop took them fifteen years. That's not exactly the blink of an eye, they're still looking at many decades to fully wean themselves off Chinese sources.