The article might not be the best, but the problem is very real, at least on the commercial level for now.
I use rare earth magnets and also buy motors and the like.
The availability went down recently and the price went very much up.
They all come from China, because, well, can't really get it anywhere else right now.
I also got a few warnings over the past couple of month from the distributors that "prices on this are going to rise and probably wont go back down, if you wanna get more stuff before the current stock's out, feel free".
I use rare earth magnets and also buy motors and the like.
The availability went down recently and the price went very much up.
They all come from China, because, well, can't really get it anywhere else right now.
I also got a few warnings over the past couple of month from the distributors that "prices on this are going to rise and probably wont go back down, if you wanna get more stuff before the current stock's out, feel free".