“The suspension of China’s latest export restrictions on rare earth materials offers temporary relief and a welcome sign of progress in stabilizing global trade. 

How China implements this suspension will matter greatly, and with the deal limited to one year, it’s clear the U.S. must use this window to strengthen domestic capabilities and reduce long-term exposure to geopolitical risk.

At Noveon, we’re focused on doing exactly that — manufacturing high-performance rare earth magnets in the U.S. using both newly mined and recycled materials, and sourcing rare earth feedstock from non-Chinese partners. Our work is helping to build the circular, resilient supply chain America needs to secure its energy, defense, and technology future as trade dynamics continue to shift."