# America Produces Less Than 1% of the Rare Earth Magnets It Needs

- Source: OilPrice.com
- Published: 2026-10-28T00:00:00+00:00
- Category: Markets
- Original: https://oilprice.com/Energy/Energy-General/America-Produces-Less-Than-1-of-the-Rare-Earth-Magnets-It-Needs.html
- Canonical: https://groundlevelnews.com/story/america-produces-less-than-1-of-the-rare-earth-magnets-it-needs-f45f7d/

China’s ongoing weaponization of rare earths, which has now been bolstered to include measures to keep individuals with sensitive technological knowledge from leaving the country, gives it leverage over a $1.5 trillion U.S. civilian economy that depends on permanent magnets. The Pentagon has spent years preparing for life without Chinese rare earths, but the civilian economy hasn't. IMF researcher

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