Component
Ferrite magnet
Ceramic ferrite magnet used so speakers and small motors do not need rare earths.
Criticality
Medium
Unit cost
$2.5K
Quality
55 / 100
US saturation
40.0
Made in US
80,000 tonnes
Current demand
200,000 tonnes
US exports
6,400 tonnes
Opportunity score
51.3
Domestic vs international supply
Planned US investment, next 5 years
$400M
Expected extra output: 40,000 tonnes per year
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