China supplies 85% of U.S. magnet imports, but embedded magnets in EVs, drones and motors make true dependence far larger than customs data reveal.
Company Profile
Bunting Magnetics
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About Bunting Magnetics
Bunting Magnetics Co. is a privately held, family-owned magnetics and magnetic-separation company headquartered in Newton, Kansas, with additional U.S. operations in suburban Chicago, Illinois, and DuBois, Pennsylvania, plus UK facilities in Berkhamsted and Redditch, England. Founded in 1959, Bunting designs and manufactures permanent-magnet products and magnetic equipment used across critical-minerals and industrial supply chains. Its catalog includes neodymium (NdFeB) and samarium-cobalt (SmCo) rare-earth magnets, alnico and ceramic magnets, magnetic assemblies, and high-intensity rare-earth magnetic separators, metal-detection systems, and conveying solutions. Bunting’s separation technology is widely used to recover and purify minerals, recycle metals, and protect processing lines. The company has reported surging demand for its mobile magnetic-separation systems as recycling and critical-materials recovery expand, reinforcing its role as a downstream supplier of rare-earth-based magnetic products and equipment.
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Recent Articles
China's magnet giants posted 30–50% profit gains in H1 2026 while U.S. firms like Niron and MP Materials race to build capacity with government-backed
Bunting CEO warns U.S. rare earth strategy ignores the 'last mile'—cutting, grinding, and magnetizing—where China dominates and American know-how is
The West is scaling drone production fast, but permanent magnet supply outside China remains the critical bottleneck investors must watch closely.
The Pentagon's drone surge faces a deeper industrial crisis: China controls 90%+ of rare earth magnets, batteries, and electronics critical to U.S. drone
A magnet industry CEO warns that parts of the Western rare earth supply chain are already in crisis, with dysprosium, terbium, and samarium facing severe
The Iran conflict exposed America's deep reliance on Chinese rare earth processing and magnet manufacturing, a vulnerability that could take years and
Permanent magnets, not rare earth mining, are the true strategic chokepoint in EV motors, defense systems, and global supply chains.
Ex-China rare earth supply chain progress updated: processing, magnets, and HREE remain key bottlenecks despite mining advances.
Industry consultants launch platform to improve permanent magnet data transparency, encouraging manufacturers to share critical material property specification…
