The United States Demonstrates Its First Domestic Rare Earth Magnet Production in 25 Years

【Key Focus: US Treasury Secretary Shows the First Rare Earth Magnet Made in the US in 25 Years】

On November 20, 2025, Washington time, US Treasury Secretary Scott Bessent said during an interview with Fox News television channel:

I brought this to show you and your audience today. This is the first rare earth magnet made in the US in 25 years. It was produced at a factory in Sumter, South Carolina.

Earlier, Bessent told the UK's Financial Times that he believes Washington will find alternative sources of rare earth resources outside of China within two years. He said that China's influence on the US in terms of rare earth metals will not exceed 12 to 24 months.

Original: www.toutiao.com/article/1849359744368839/

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