Materials/Manufacturing

Cyclic Materials Raises $27M to Scale Recycling Technology, Links up with Solvay and Arnold 

Creating a Circular Supply Chain for Rare Earth Elements and Critical Materials 

Cyclic Materials, a Canadian advanced metals recycling company focused on producing critical materials, today announced it has raised $27 million in an oversubscribed Series A financing. The money is flowing in quickly after accomplishing its first production run of rare earth magnetic material and forging a string of partnerships with magnetics industry notables. These include chemicals giant Solvay which is planning to build a major rare earths magnet operation in Europe, and Arnold Magnetic Technologies (see related article), among others. […]

Materials/Manufacturing

Clariant Labs Target Processing Chemicals for Decarbonization Minerals and Mine Tailings 

At new laboratories in the United Arab Emirates and in Brazil, global specialty chemicals company Clariant aims to develop improved solutions for processing decarbonization minerals and mines tailings. Rare earths for magnets and magnetic separations are important aspects of the new competence centers. Among the company’s core chemical products are catalysts and adsorbents used in fuel cells and hydrogen production.  […]

Materials/Manufacturing

Niron Magnetics Scales Up with New CEO & Key Managers 

Niron Magnetics, the company pioneering the development of iron nitride magnets that are high-performance permanent magnets free of rare earths, is scaling up to evolve its company to become a significant player on the magnet market. One of its latest steps has been to appoint Jonathan Rowntree as new CEO. The leadership change and other key appointments represent a planned evolution of the company as it advances from a focus on development towards scaling, commercialization, and productization of its patented Clean Earth Magnet technology.  […]

Materials/Manufacturing

MP Materials & Sumitomo Forge Rare Earth Supply Pact for Japan; MP Continues Dramatic Growth 

MP Materials and Sumitomo Corporation have forged a rare earths supply agreement which they say will diversify and strengthen rare earth supplies in Japan. Under the agreement, announced February 21, Sumitomo will serve as the exclusive distributor of NdPr oxide produced by MP Materials to Japanese customers. Further, the companies will collaborate on the supply of rare earth metals and other products.  […]

Electromagnetics

Researchers at Aichi Steel & Tohoku University Design Lighter, Smaller e-Axle 

Using its molded MagFine alloy, Aichi Steel reports that it has developed in collaboration with Tohoku University an experimental e-axle that is 40% lighter and smaller than conventional designs. It combines a newly developed compact high-speed reducer with a compact and lightweight 34,000 rpm motor. For the first time, says the company, it has succeeded in proofing the technology of a high-speed, high-reduction next-generation electric axle with high-speed rotation and high deceleration that contributes to weight reduction.  […]