Metals
  • Gold$4,045.80/oz−0.37%
  • Silver$53.87/oz−1.04%
  • Platinum$1,544.90/oz+0.32%
  • Palladium$1,024.51/oz−1.11%
  • Copper$6.62/lb−0.02%
  • Aluminium$3,094/t−0.25%
  • Nickel$15,778/t+1.14%
  • Zinc$3,861/t+1.17%
  • Lead$1,920/t−0.17%
  • Lithium$15,004/t+0.64%
  • Cobalt$22.85/lb0.00%
  • Uranium$89.89/lb−0.01%
Indicative · 12:00 UTC · Prices by MetalCharts
Since 1912 · Asia Pacific Edition

Skillings Mining Review — Asia Pacific

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Public Policy

Aerospace Industry Warns US Magnet Supply May Fall Short of 2027 Defence Rules

US aerospace manufacturers warn that qualified rare earth magnet capacity may remain constrained beyond the January 2027 sourcing deadline. New federal waiver restrictions could complicate the transition while major domestic plants target commissioning in 2028.

US aerospace and defence manufacturers are warning that shortages of compliant critical materials could disrupt production when tighter sourcing restrictions take effect on 1 January 2027. A report released by the Aerospace Industries Association (AIA) on 8 October finds that significant new domestic processing, refining and magnet manufacturing capacity for…

By Salini Krishnan 10 min read

The Assay
Wednesday, 28 October 2026

The Assay in 60 seconds

Full briefing
  1. Critical Minerals

    The Magnet Bottleneck: Why New Rare Earth Mines Won’t Solve America’s Defence Supply Problem

    The United States is expanding domestic rare earth production, but the real challenge lies further downstream. Processing, metalmaking, alloy production and permanent magnet manufacturing…

  2. Critical Minerals

    EU Parliament Backs Proposed €2 Billion Critical Minerals Fund as Europe Rethinks Mining Investment

    Europe Considers a Bigger Role in Financing Critical Minerals BRUSSELS, 27 October 2026 — For a mining company, discovering a mineral deposit is only…

  3. Asia Pacific

    733 Auctioned, 125 Operational: Inside the Human Cost and Bureaucratic Gridlock Stalling India’s Strategic Mining Push

    Talk to any mining developer who has recently walked out of New Delhi’s gleaming auction halls with a winning bid, and they will tell…

Full briefing

Markets this morning

  • Gold $4,045.80/oz −0.37%
  • Copper $6.62/lb −0.02%
  • Zinc $3,861/t +1.17%
  • Nickel $15,778/t +1.14%

Key metals and the biggest movers since the previous close · as of 28 Oct 12:00 UTC · Prices by MetalCharts

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