News

SHI Cryogenics America Names Derakhshan President

Sumitomo (SHI) Cryogenics of America, Inc., a provider of cryocoolers for superconducting magnets in magnetic resonance and nuclear magnetic resonance equipment, has promoted Mark Derakhshan to president and chief executive officer.   He succeeds David Dedman, who retired, and will […]

Materials/Manufacturing

New Study on Global Permanent Magnet Industry

The team of Walt Benecki, Steve Constantinides, Dr. John Ormerod and Dr. Stan Trout have been writing a comprehensive study regarding the major commercial permanent magnet materials. Data includes quantities produced along with technical aspects of the global permanent magnet industry and production forecasts for the next 10 years.  […]

e-Power Technology

Striving to Be the Next Globally Significant Supplier of Neodymium and Praseodymium (NdPr) to Meet the Needs of EV Driven NdFeB Magnet Demand Growth

By 2030 annual production of EVs is expected to increase roughly ten-fold to 25-30 million, creating a need to more than double global supply of the rare earth elements, neodymium and praseodymium (NdPr), to meet the EV traction motor market requirement.

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News

Wellington’s ECR2 Motor and IoT Connectivity Spur Fresh Growth for New Zealand Company

With strong forward orders for its ECR2 motors specially designed for refrigeration equipment, New Zealand company Wellington Drive Technologies reported in April that it returned to profitability in the first quarter of 2021 and expects to return to robust growth for the year […]