Materials/Manufacturing

Niron Sets Path to Establish Manufacturing of Rare Earth-Free Magnets 

Planning to be operational in 2027 at a 190,000-square-foot manufacturing plant now under construction in Minnesota, Niron Magnetics is striding forward on several fronts aimed at establishing commercial-level production of its rare earth-free magnets. It has plans for a second facility producing 10,000 tons annually in 2029. The company has attracted over $300 million in investments from commercial partners including Stellantis, General Motors, and Samsung.  […]

Electromagnetics

Big Magnets & Big Money Power High-Stakes Race to Commercialize Fusion Energy 

Big magnets and big money are at the core of a high stakes race to commercialize fusion energy, aiming ultimately to transform the world’s energy supply with the immense power of zero-carbon fusion. This article highlights the progress of two pioneering companies located only a two-hour drive apart — General Fusion in Richmond, British Columbia, Canada and Helion in Everett, Washington in the U.S. The technologies of both companies rely on powerful electromagnets, eschewing the use of more expensive and complex superconducting magnets typically used in tokamaks. […]