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Rare Earth Magnets and Motor Prices Set to Explode Higher

October 9, 2023

Today Myanmar suspended mining of rare earth metals.  It supplies 38% of China’s rare earth materials used in rare earth magnets.  Neodymium magnets are they key, and most costly components used in our vibration motors.

Read Full Article Here: 
 
https://www.zerohedge.com/commodities/rare-earth-prices-skyrocket-following-burmese-mining-suspension
 
 
 
 
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