Materials/Manufacturing

Neo Performance Materials Ships First Magnet Samples Produced at New European Facility to its Tier 1 Traction Motor Customer

Neo Performance Materials Inc. recently announced that its new permanent magnet facility in Estonia has shipped sintered magnet samples for a Tier 1 traction motor customer meeting specific magnetic properties. This milestone marks a significant step forward in Neo’s commitment to providing high-performance materials for the electric vehicle market. […]

Materials/Manufacturing

Mistrial Declared in Federal Case Against Quadrant Magnetics 

More than two years after the federal government charged Quadrant Magnetics related to sharing product design information with affiliate contacts in China, a mistrial has been declared at the U.S. District Court in Louisville, Kentucky in the government’s case against the company. According to a report in the Louisville Courier Journal on March 19, it’s the latest twist in the high-profile case centered around confidential U.S. military data allegedly sent to China by company officials. The case is now in limbo, prosecutors could retry it, with a jury trial tentatively set to begin in late May.   […]

Materials/Manufacturing

Cyclic Materials to Invest Over $20M in its First Magnet Recycling Plant in U.S. 

April 23, 205 – Cyclic Materials, the advanced recycling company creating a circular supply chain for rare earth elements (REEs) and other critical materials, today announced it has invested over $20 million in its first commercial facility, located in Mesa, Arizona. The new state-of-the-art facility will be the company’s first global rare earth element recycling operation focused on the separation of permanent magnets from end-of-life products previously not recovered, using its proprietary MagCycle process. […]

Materials/Manufacturing

Magnet & Rare Earth Exports Become Key Levers in Growing USA–China Trade War 

Exports of rare earth magnets from China have become key targets in the growing tariffs war between the USA and China. The latest developments represent a dramatic escalation in the focus on magnetic rare earth materials – especially heavy rare earths — as a potent tool in trade policy, and have heightened attention globally to the issue of China’s dominance in the global supply chain. […]