Materials/Manufacturing

Pensana Rakes In $100M Investment to Support Mine-to-Magnet Buildup as Ore Reserves Mushroom in Angola; Makes Offtake Deal with VAC 

Pensana has raked in a $100 million stock investment by an unnamed strategic Investor in support of the UK company’s mine-to-magnet strategy. The move follows soon after a detailed evaluation of its developing Longonjo property in Angola resulted in jumping by five times its content of rare earths for magnet applications — elevating the property’s status as an important potential future provider of magnetic feedstock outside China. […]

News

Hprobe, Now Part of Mycronic, Develops Powerful New Magnetic Instrument for Testing TMR Sensors 

Magnetic sensor ICs have become essential to modern electronics, enabling accurate detection of position, speed, current and orientation. Among them, tunnel magnetoresistance (TMR) sensors stand out for their high sensitivity, low power consumption and seamless fabrication compatibility. Over the past decade, they have moved from research prototypes to large-scale adoption. Their growing complexity requires precise wafer-level control of 3D magnetic fields in terms of orientation, magnitude and uniformity, creating new technical and throughput challenges for sensor manufacturers and test equipment suppliers. […]

Materials/Manufacturing

JLMAG Forays Into Market for Flexible Magnets 

JL Mag Rare-Earth Company, a leading producer of multiple types of magnets based in Ganzhou, Jianxi, China, has established a Rubber Soft Magnetic Division with aims to grow into becoming one of the main suppliers of flexible magnets globally in several years. The move is part of a diversification strategy to capture more business involving magnetic materials with its automotive clientele while breaking into new markets for an expanded product line. […]