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01 Sep
16:39

RARE EARTH: Industry backs tax incentives for rare earth magnets made in US

Colorado-based NioCorp Developments is teaming up with other rare earth producers to urge the US Congress to provide tax incentives for the domestic manufacturing of permanent rare earth magnets, Kallanish reports. The industry coalition delivered its support in a letter to Democrats and Republicans in the House of Representatives, urging that such incentives be included in pending federal infrastructure legislation. House Bill 5033 would create a $20/kilogram pr…
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