Asia • 2026-05-01 04:17

Ulvac to reshore production of rare earth magnet-making equipment

Fast facts

  • Category: Asia
  • Language: EN
  • Published: 2026-05-01 04:17 UTC
  • Sources: Nikkei Asia

Japanese firm Ulvac is moving its production base for rare earth magnet-making equipment from China back to Japan. The company aims to reduce reliance on imports and enhance supply chain stability.

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