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U.S. to probe some imported magnets as part of supply chain review

Mark White by Mark White
September 24, 2021
in Supply Chain
0


WASHINGTON, Sept 24 (Reuters) – The U.S. Commerce Department on Friday said it would investigate the national security impact of certain imported magnets used in fighter aircraft and missile guidance systems as part of the Biden administration’s global supply review.

The neodymium-iron-boron (NDFEB) permanent magnets are used in a variety of other equipment, including electric vehicles, wind turbines, computer hard drives, audio equipment and MRI devices, it added.

Reporting by Susan Heavey
Editing by Chris Reese

Our Standards: The Thomson Reuters Trust Principles.



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Mark White

Mark White

Mark White is the editor of the ProcurementNation, a Media Outlet covering supply chain and logistics issues. He joined The New York Times in 2007 as an commodities reporter, and most recently served as foreign-exchange editor in New York.

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