Industrial Crown Jewel Of the Future: Rare Earths-to-Magnets. Dean Evans, Co-Founder, Evolution
Driving with Dunne27 Helmi 2025

Industrial Crown Jewel Of the Future: Rare Earths-to-Magnets. Dean Evans, Co-Founder, Evolution

What are the industrial crown jewels of the future? Most of us can name two of them right away: Chips that power the brains behind everything, including AI. And batteries or energy storage systems. Batteries power not only EVs but have a much wider application in delivering energy to factories and countless military applications. There is a third one that might be just as crucial: magnets. Magnets are produced with materials derived from the processing of rare earths. Today, China has an abundance of rare earths. More importantly, China has a near monopoly on the processing of those rare earths. This leaves America and the West highly vulnerable. That's where an American company called Evolution comes in - their mission is to build complete processing capabilities in America for American industry. Joining me today to talk about the rare earth processing and magnet challenge is Dean Evans, co-founder at Evolution. They are already operating in Missouri and have sister companies in Korea. What's the central challenge and how soon will America be able to process rare earths and build its own magnets at scale?

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Who Is Xi Jinping And What Does He Want? Joseph Torigian, Author, The Party's Interests Come First 

Who Is Xi Jinping And What Does He Want? Joseph Torigian, Author, The Party's Interests Come First 

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Why It's So Hard to Fix China's Overcapacity and Brutal Price Wars. Lizzi Lee, Fellow, Asia Society Policy Institute

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Our guest today, Lizzi Lee, is smart, daring and unconventional. After earning a PhD in economics from MIT, Lizzi Lee took a bold right turn and dove into research and writing. A few weeks ago, Lizzi ...

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Chinese Automakers Are Pouring Into Mexico. Luis Lozano, Former CEO, Toyota de Mexico.

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Earlier this year, I enjoyed a delicious lunch in Mexico City with Luis Lozano,  the former CEO of Toyota de Mexico. Luis immediately impressed me with his knowledge of the Mexican car market, the sho...

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Trade Truce: The Calm Before Bigger U.S-China Storms. Jorge Guajardo, former Ambassador of Mexico to China and partner at DGA Global

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President Trump and President Xi,  the two most powerful men in the world, met last week in Korea to try to, basically, calm things down.  China had just flexed its muscles, threatening to limit the e...

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How China Captured Apple. Patrick McGee, Author, Apple in China

How China Captured Apple. Patrick McGee, Author, Apple in China

Here's a question I get a lot. How did China get so good so fast. People with front line experience in the People's Republic  talk about something called the China arc. Chinese leaders identify your c...

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What Western Business Leaders Misunderstand About China – Insights from Mitchell Presnick, Visiting Fellow, Harvard Fairbank Center

What Western Business Leaders Misunderstand About China – Insights from Mitchell Presnick, Visiting Fellow, Harvard Fairbank Center

Dazed, bruised and confused. That's how leaders of global automakers and suppliers operating in China feel these days. Since 2020, they have seen their once formidable China sales and profit machines ...

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How Safe and Secure Are Robocars? John Wall, Chief Operating Officer, QNX 

How Safe and Secure Are Robocars? John Wall, Chief Operating Officer, QNX 

In the good old days of driving, we needed to make sure the mechanical things worked: Things like the engine, of course, the steering and the brakes. We were in charge of driving the car.  Now, for be...

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How Does All That Awesome Tech Get Into Your Connected Car? Laurie Fitzgerald, President, Avanci Vehicle 

How Does All That Awesome Tech Get Into Your Connected Car? Laurie Fitzgerald, President, Avanci Vehicle 

By now, you have probably heard that there are more than 200 million connected cars on the road today. But, wait a minute. What is a connected car – and how does a connected car make our lives better?...

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