Announcement
19 Sep 2023
In September 2023, the U.S. Department of Defense announced funding to expand domestic production of rare earth magnets.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
19 Sep 2023
Revocation date:
No revocation date
Updated: 19 Sep 2023
State aid, unspecified
In force
On 19 September 2023, the U.S. Department of Defense (DOD) awarded E-VAC Magnetics LLC a USD 94.1 million contract to expand the rare earth permanent magnet production capacity. The announcement did n...
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