New Rare-Earth Magnet Factory Touted As Key to US Independence From China
By Ward Clark | 12:02 PM on November 07, 2025
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AP Photo/Jose Luis Magana
On Friday, Treasury Secretary Scott Bessent went to Fox Business's Varney & Co., in part to tout a major American re-shoring success. The Secretary brought with him what he described as the first rare-earth magnet made in the United States in 25 years.
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READ MORE: https://redstate.com/wardclark/2025/11/07/new-evac-factory-touted-as-key-to-us-independence-from-china-n2195969
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