In Estonia, a new rare-earth magnet plant powers Europe’s green transition
Europe has taken a key step toward reducing its reliance on China for rare-earth magnets, critical for clean technologies. Europe’s first production facility has opened in Narva, Estonia, planning to supply magnets for over a million electric vehicles and a thousand offshore wind turbines each year.
Europe has taken a key step toward reducing its reliance on China for rare-earth magnets, critical for clean technologies. Europe’s first production facility has opened in Narva, Estonia, planning to supply magnets for over a million electric vehicles and a thousand offshore wind turbines each year.
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