Materials/Manufacturing
Ucore Builds Momentum Toward Rare Earths Processing in 2026 in Louisiana
Canadian minerals exploration company Ucore Rare Metals aims to become a commercial processor of heavy rare earths in Louisiana in 2026 […]
Materials/Manufacturing
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. […]
Materials/Manufacturing
Meteoric Opens Pilot Plant for Processing Rare Earths in Brazil
Meteoric Resources, an emerging player in the rare earths sector from Australia, has opened its Caldeira Rare Earth Project pilot plant in Minas Gerais, Brazil. The plant is located at Meteoric’s Innovation & Research Center in Poços de Caldas and represents an important step in the development of future operations of the project. […]
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. […]
Materials/Manufacturing
USA Rare Earth Charges Ahead Via LCM Acquisition, New Execs & Key Supply Deals with Arnold Magnetic, Permag and Solvay Spanning North America and Europe
In a flurry of recent deals, USA Rare Earth has completed its $100 million-plus acquisition of Less Common Metals in the UK while simultaneously leveraging the purchase through important supply transactions involving Arnold Magnetic Technologies and Permag in the […]
Materials/Manufacturing
Noveon Forges Global Supply and Magnet Manufacturing Deals
Noveon Magnetics, a manufacturer of sintered NdFeB rare earth, has recently secured several supply and manufacturing agreements in Asia, Europe and Australia. Beginning in November, 2025, Noveon Magnetics signed a memorandum of understanding with Kangwon […]
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. […]