Year: 2026

Materials/Manufacturing

Mkango to Acquire Heraeus Remloy Magnet Recycling Plant in Germany, Builds Momentum via Subsidiary HyProMag in UK 

June 29, 2026 Editorial Staff 0

Mkango Resources has signed an asset purchase agreement with metals company Heraeus to acquire its startup Remloy rare earth magnet recycling business in Germany for $9.4 million with plans to link it to Mkango’s subsidiary HyProMag which just opened its own magnet recycling plant in the country. Meanwhile, the company reports other significant new technical and business developments at HyProMag, which is based in Birmingham in the UK. […]

Materials/Manufacturing

Superbranche Readies Production Unit in France for Mag Particles Targeting Cancer

June 29, 2026 Editorial Staff 0

In the heart of France’s Alsace region, in the town of Selestat, a new production site for manufacturing advanced magnetic nanoparticles dedicated to cancer diagnosis and treatment is coming together. Effecting the transition to industrialization for French biotech company Superbranche, it will begin as a pilot site to produce the company’s flagship SUPERSPIO20 nanoparticles with an R&D or GMP grade depending on the applications and needs of customers. […]

Materials/Manufacturing

Energy Fuels to Acquire VAC for $1.9 Billion 

June 25, 2026 Editorial Staff Comments Off on Energy Fuels to Acquire VAC for $1.9 Billion 

June 23, 2026 - Energy Fuels Inc today announced a definitive agreement to acquire 100% of Vacuumschmelze and their respective consolidated subsidiaries (collectively, “VAC”) from Ara Partners for a total cash-and-stock consideration of approximately $1.9 billion based on Energy Fuels’ closing […]

News

World’s Largest Superconducting Magnet Test Facility Now Operational at ITER

June 24, 2026 Editorial Staff Comments Off on World’s Largest Superconducting Magnet Test Facility Now Operational at ITER

The ITER Organization recently announced the start of operations at its Magnet Cold Test Facility following the successful cooldown of the first magnet coil to 4 Kelvin (K), or minus 269 °C. The facility will allow ITER to test selected superconducting magnets at their operating temperature of 4 K and up to full current before installation in the machine. […]

Electromagnetics

Celeroton Converter Designed for Ultra High-Speed Machines 

June 23, 2026 Editorial Staff Comments Off on Celeroton Converter Designed for Ultra High-Speed Machines 

High-speed electric drives are becoming increasingly important in modern industrial and scientific applications—from turbo compressors and blowers to turbo expanders and high-speed spindles. To meet these requirements, Celeroton has completely overhauled an earlier model frequency converter, CC-230-3500, […]