Trump invoked the 69-year-old Defense Production Act -- once used to preserve American steelmaking capacity -- to remedy what he called “a shortfall” in production of the super-strong magnets made with neodymium and samarium.
In May, the United States lifted the Section 232 tariff of 10% imposed on Canadian imports of aluminium, a vital ingredient for auto makers, drinks firms and military equipment companies.
Boart Longyear’s Level 4 status was achieved through its ratings on ownership, management, skills development, enterprise, supplier and socio-economic development.