Solvay Strikes Two U.S. Rare‑Earth Supply Deals as Europe Lags on Subsidies — Shares Rise on Nov. 13, 2025
Solvay signed supply deals with Noveon Magnetics and Permag to deliver rare-earth oxides for U.S. magnet production, with shipments starting soon and more in 2026. Solvay shares rose 3.4% Thursday, leading Belgium’s BEL 20 index. The company said initial volumes are limited but can ramp up quickly at its La Rochelle plant. CEO Philippe Kehren cited stronger U.S. government support compared to Europe.
