Skip to main content

The U.S. Just Took A Big Step to Break China's Magnet Dominance

The U.S. Just Took A Big Step to Break China's Magnet Dominance | EN590 Commodities Group
LIVE MARKETS
$102.14/bbl   +0.34%$96.90/bbl   +0.21%$846/MT   +0.18%$1090/MT   +0.55%$450/MT   -0.15%$470/MT   +0.08%
Market Analysis

The U.S. Just Took A Big Step to Break China's Magnet Dominance

July 31, 2026
Source: oilprice.com
EN590 COMMODITIES GROUP

Oil Prices Head for 20% Monthly Surge Despite Recent Pullback This is where China’s rare earth magnet monopoly ends.

REalloys (NASDAQ: ALOY) has signed a strategic agreement with permanent magnet manufacturerJS Linkto develop one of thefirst fully integrated non-Chinese rare earth magnet platforms, bringing together feedstock, separation, metallization, and permanent magnet manufacturing under a single North American industrial strategy.

Permanent magnets power guided missiles, fighter aircraft, submarines, industrial robots, electric vehicles, AI infrastructure, and wind turbines.

EN590 COMMODITIES GROUP

China manufactures the overwhelming majority of them, giving Beijing extraordinary leverage over industries now driving military modernization, advanced manufacturing and the global energy transition.

The agreement creates a path to manufacturing American rare earth magnets entirely on American soil.

Rebuilding North America’s rare earths supply chain is now moving at breakneck speed.

Only weeks ago, REalloys was selected by theU.S.

Army for exclusive negotiationsto develop heavy rare earth processing facilities at the Tooele Army Depot in Utah, placing the company at the center of Washington’s effort to rebuild domestic rare earth processing and ahead of theDepartment of Defense’s January 1, 2027, banon Chinese-origin rare earth magnets.

Today’s announcement carries that strategy one step further, extending it beyond processing into finished magnet manufacturing.

Army project established the processing backbone.

JS Link adds permanent magnet manufacturing.

Together, they place every major stage of rare earth production–from feedstock through finished magnets–inside a single American industrial platform.

Photo Gallery
EN590 COMMODITIES GROUP
EN590 COMMODITIES GROUP
EN590 COMMODITIES GROUP
EN590 COMMODITIES GROUP
Indicative Market Prices July 31, 2026 08:40 UTC
ProductPriceChange
Brent Crude$102.14/bbl +0.34%
WTI Crude$96.90/bbl +0.21%
EN590 Diesel$846/MT +0.18%
Jet Fuel A-1$1090/MT +0.55%
Mazut M100$450/MT -0.15%
Bitumen 60/70$470/MT +0.08%
Sulphur Gran 99.5%$470/MT -0.44%
Urea 46% Gran$650/MT +1.12%
NPK 16-16-16$460/MT -0.28%
Nat Gas TTF$15.42/MMBtu +0.92%
* Indicative prices for reference only. Contact us for firm offers.
About Our Company

25 YEARS OF EXPERTISE.
YOUR TRUSTED COMMODITY PARTNER.

Our company's foundation was built not in a trading room but deep in the field. For over 25 years, we operated at the forefront of mineral exploration and extraction.

Today, from our base in New York, USA, we serve clients in 75+ countries with major commodities.

"We don't just supply commodities we solve your energy and resource challenges."
25+
Years Exploration
15+
Years Trading
75+
Countries Served
24/7
Operations
Related Articles
DISCLAIMER: Prices shown are indicative market references only.
EN590 COMMODITIES GROUP
New York, USA Global Energy & Commodity Trading
2025 EN590 Commodities Group All rights reserved

Comments

Popular posts from this blog

Yahoo Finance

📄 Read full article on Telegraph → Yahoo Finance | EN590 Commodities Group LIVE MARKETS Brent Crude   $102.14/bbl   ▲ +0.34% WTI Crude   $96.90/bbl   ▲ +0.21% EN590 Diesel   $846/MT   ▲ +0.18% Jet Fuel A-1   $1090/MT   ▲ +0.55% Mazut M100   $450/MT   ▼ -0.15% Bitumen 60/70   $470/MT   ▲ +0.08% E9 EN590 Commodities Group · New York 📲 Telegram 📰 Blog Urea / Fertilizer Yahoo Finance 📅 2026-05-11T16:54:48.000Z 📡 Source: finance.yahoo.com 🌍 Global Markets EN590 COMMODITIES GROUP Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. If you’ve dreamed of becoming a millionaire, you’re not alone. To many, hitting this financial milestone signals you’ve “made it.” With assets v...

Cenovus Warns Oil Sands Growth Is Drying Up as Policy Uncertainty Mounts

📄 Read full article on Telegraph → Cenovus Warns Oil Sands Growth Is Drying Up as Policy Uncertainty Mounts | EN590 Commodities Group LIVE MARKETS Brent Crude   $102.14/bbl   ▲ +0.34% WTI Crude   $96.90/bbl   ▲ +0.21% EN590 Diesel   $846/MT   ▲ +0.18% Jet Fuel A-1   $1090/MT   ▲ +0.55% Mazut M100   $450/MT   ▼ -0.15% Bitumen 60/70   $470/MT   ▲ +0.08% E9 EN590 Commodities Group · New York 📲 Telegram 📰 Blog Crude Oil Cenovus Warns Oil Sands Growth Is Drying Up as Policy Uncertainty Mounts 📅 May 09, 2026 📡 Source: oilprice.com 🌍 Global Markets EN590 COMMODITIES GROUP US Hits Iran-Flagged Oil Tankers While Peace Talks Continue Countries like Venezuela, Argentina, and… Cenovus Energy(TSX, NYSE: CVE) just posted one of its strongest quarters on record. ...

BP Buys 40% Stake in Uzbek Oil and Gas Blocks

📄 Read full article on Telegraph → BP Buys 40% Stake in Uzbek Oil and Gas Blocks | EN590 Commodities Group LIVE MARKETS Brent Crude   $102.14/bbl   ▲ +0.34% WTI Crude   $96.90/bbl   ▲ +0.21% EN590 Diesel   $846/MT   ▲ +0.18% Jet Fuel A-1   $1090/MT   ▲ +0.55% Mazut M100   $450/MT   ▼ -0.15% Bitumen 60/70   $470/MT   ▲ +0.08% E9 EN590 Commodities Group · New York 📲 Telegram 📰 Blog Crude Oil BP Buys 40% Stake in Uzbek Oil and Gas Blocks 📅 May 13, 2026 📡 Source: oilprice.com 🌍 Global Markets EN590 COMMODITIES GROUP IEA Revises 2026 Forecast: Oil Deficit Widens as Iran War Cuts Production Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. BP has bought 40% in the production sharin...