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 […]
The U.S. Department of Energy’s Office of Critical Minerals and Energy Innovation has announced $45.7 million for 19 projects that will unleash American energy innovation by addressing and filling domestic critical minerals and materials supply […]
The US-listed company announced it has agreed to acquire the Sarfartoq project in southwest Greenland from Neo Performance Materials. As a consideration, it will pay a total of $35 million, comprising $20 million cash and $15 million in newly issued shares. As part of the transaction, Neo Performance will receive offtake rights on up to 60% of future ore or mineral concentrate production from the Sarfartoq project […]
Hydrogen decrepitation is a crucial, energy-efficient process for manufacturing Neodymium magnets, using hydrogen to break down sintered alloy ingots into fine powder by targeting grain boundaries, avoiding intensive mechanical crushing. It can improve production efficiency by 25% and enable sustainable, […]
Minerals producer Energy Fuels, now led by a new CEO, reports it has reached a new milestone in its quest to become a major American producer of rare earth oxides for magnet manufacturing. The company has successfully produced its first kilogram of terbium (Tb) oxide at its White Mesa Mill in Utah. Using monazite ore sourced from the southern United States, the team achieved a purity of 99.9% Tb at pilot scale, which meets the specifications of global manufacturers of rare earth permanent magnets. […]
Recent initiatives by Neo Performance Materials demonstrate how artificial intelligence and recycling are becoming two key elements in the modern magnetics industry. A global leader in rare earths and magnetic materials, and long considered an industry bellwether, Toronto-based Neo is pursuing new programs in both areas aimed at technical and supply chain advancements. […]
May 19, 2026 – Advanced Magnet Lab, Inc. (AML), a recognized global leader in the development of innovative permanent magnet solutions, today announced that it has been awarded a $2 million Defense Logistics Agency (DLA) contract […]
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