What do the following have in common: a wind turbine, an MRI machine, a stereo speaker, and a washing machine? They all rely on magnets to work. But there's a problem. The rare earths that make up magnets will come under increasing demand as the world's population grows, and the United States is heavily dependent on China for production. Plus, traditional mining methods aren't good for the environment. And that's where Noveon Magnetics comes in. The Texas-based company says it's found a way to recycle used magnets by stripping them out of discarded products, melting them down and re-manufacturing them. Joining Julia to discuss is Noveon CEO Scott Dunn. To learn more about how CNN protects listener privacy, visit cnn.com/privacy Learn more about your ad choices. Visit podcastchoices.com/adchoices