Europe has made a significant stride in decreasing its dependence on China for the procurement of rare-earth magnets, which are essential for the progression of clean energy technologies. The inauguration of Europe’s inaugural production facility in Narva, Estonia, marks a pivotal moment. It is anticipated to provide a substantial output, catering to the needs of more than one million electric vehicles and approximately one thousand offshore wind turbines annually.
Source: http://www.euronews.com/my-europe/2025/09/15/in-estonia-a-new-rare-earth-magnet-plant-powers-europes-green-transition