The American subsidiary of Australian-based Lynas Rare Earths has been awarded a follow-on contract for approximately $120 million by the U.S. Department of Defense (DoD) to establish a first of its kind commercial heavy rare earths (HRE) separation facility in the United States. […]
MP Materials has begun construction of its previously announced rare earth metal, alloy, and magnet manufacturing facility in Fort Worth, Texas, marking a significant return of magnet manufacturing operations in North America. The facility is […]
Amidst skyrocketing prices for neodymium rare earths, with $30 million in new funding from the Australian government, and with South Korea stepping up to position itself as a favored buyer, Arafura Resources is gaining momentum […]
Neo Performance Materials reports strong financial results for the most recent year with its Magnequench unit, considered a bellwether for the magnetics industry, rebounding dramatically in both sales volume and revenues amidst an environment of […]
MP Materials Corp. has been awarded a $35 million contract through the U.S. Department of Defense (DoD) Industrial Base Analysis and Sustainment Program to support the construction of a commercial scale processing facility for heavy […]
Niron Magnetics and CorePower Magnetics, two start-ups in the U.S. working on building electric motors and power electronics components free of rare-earth magnets, are in the path of numerous venture and technology development fundings to […]
Combining the performance of synchronous permanent magnet technology and advanced smart system connectivity, Nidec Leroy-Somer is drawing the attention of engineers conscious about energy efficiency with its Dyneo induction motors for industrial applications. Designed for pairing with variable […]
Vacuumschmelze has recently made important advancements in its capabilities for producing permanent magnetic material and components. In April, the company achieved certification to aerospace and defense standards for its permanent magnets, adding to its longstanding […]
In the race to electrify transportation modes, developers of new motor and drive systems are keeping busy patent offices around the world. Among the leaders is Protean Electric, a UK-based developer of permanent magnet in-wheel […]
Designed upon an induction platform rather than rare-earth magnets, ABB has come out with a new version of its long-popular synchronous reluctance motors for industrial use that are highly energy efficient, meeting the new IE5 […]
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