Materials/Manufacturing

Torngat Metals Assembles Network of Partners & Funding for Rare Earths Project in Canada

Forging partnerships with Inuit, First Nations and local communities in Canada, along with industrial companies involved in manufacturing, Quebec-based Torngat Metals is building a network of alliances aimed at furthering its rare earths to magnets […]

News

Extra Distance Inductive Sensors from Contrinex Can Provide Up to 4X Longer Sensing Range 

When machine builders and automation engineers need greater sensing distances without compromising accuracy, extra distance inductive sensors can provide an ideal solution. Models from Contrinex, a Swiss developer of smart sensors for complex automation and […]

e-Power Technology

Alstom Garners €1.2B Order for Britain’s First Mainline Battery-Electric Trains 

French transportation company Alstom has signed contracts worth €1.2 billion with TransPennine Express for the supply and long-term maintenance of a new fleet of battery-electric trains that utilize some of Alstom’s latest railway advancements. Engineered […]

Materials/Manufacturing

Lynas to Acquire Meteoric Resources for $672M, Locking in Giant Rare Earth Reserve in Brazil 

Australian rare earth companies Lynas Rare Earths and Meteoric Resources have agreed to an approximately $672 million deal that will bring Meteoric’s giant reserve in Brazil into Lynas’ already extensive portfolio of rare earth mine […]

Materials/Manufacturing

Midstream Processing for Magnet Feedstock Focus of U.S. Department of War’s $500M Loan to Phoenix Tailings 

Citing midstream processing as the critical link in America’s rare earths supply chain, the U.S. Department of War’s Office of Strategic Capital is planning to loan $500 million to Phoenix Tailings that would back half the cost of a large new plant, to be named the Freedom Facility. The funds would anchor an approximately $1 billion comprehensive financing initiative aimed at rebuilding America’s rare earth industrial base. Plans call for the facility to process diverse feedstocks to produce light and heavy rare earth metals by creating a large-scale separation and metallization capacity capable of serving mines, recyclers, manufacturers and government entities. […]