Adding to its line of coatings for the manufacture of electric motors and industrial products, Axalta plans to acquire Chinese producer of wire enamels Anhui Shengran Insulation Materials. The company and its product line will become part of Axalta’s […]
KEMET, part of the Yageo Group and leading global supplier of electronic components, announces advancements in its FLEX SUPPRESSOR, a thin, flexible noise suppression sheet designed to reduce electromagnetic interference (EMI) and other noise disturbances. […]
Business looks spectacular at MP Materials, the largest rare earth materials producer in the Western Hemisphere. In its most recent quarter, revenue doubled to $42.2 million compared to the same period a year ago, while for the […]
Amidst surging commitments to electric vehicle production, the world’s leading automakers are embarked on a stunning transformation of their design and manufacturing operations. Around the globe, the trend is destined to bring tons of magnets […]
Neo Performance Materials reports a sharp rebound in business as automotive and industrial markets that it serves bounce back from the Covid-19 slump. Considered a bellwether of the magnetics industry, the company released on March 22 its financial […]
The U.S. Department of Defense wants to see bags of processed rare earth sitting on domestic soil, feeding the production of neodymium magnets in a politically secure supply chain. Its latest move toward the objective came in February when Australian-based Lynas Rare Earths Ltd, the largest rare earth element mining and processing company outside of China, was awarded a technology investment contract by DoD to build a rare earths processing plant in Texas. […]
Neo Performance Materials and Energy Fuels Inc. are joining forces in a major new rare earth production initiative spanning European and North American critical material supply chains. The initiative will produce value-added rare earth products from natural monazite sands, a byproduct of […]
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