Want to know what makes rare earth magnets so powerful & essential in modern tech? Manisha Gupta tells you everything you need to know #Magnets #RareEarthMagnets #RegularMagnets #CNBCTV18Digital | CNBC-TV18

U.S. Revives Rare Earth Magnet Production: A Strategic Shift in Global Supply Chains The U.S. has marked a pivotal moment by producing its first rare earth magnet in 25 years at e-VAC Magnetics in Sumter, South Carolina, a direct response to China's dominance in this critical sector. Treasury Secretary Scott Bessent highlighted President Trump's executive order as the catalyst, aiming to reclaim control over materials vital for defense, electric vehicles, and renewable energy. This 500,000-squar