Materials/Manufacturing

Neo Awarded Grant for Rare Earth Magnet Plant in Estonia; Reports Prices Down from Record Highs but High Demand 

Despite prices for magnetic materials dropping recently from record highs, the outlook is strong for Neo Performance Materials’ plan to build a 100-million Euro rare earth magnet plant in Estonia. It recently received a sizeable government grant to support the effort, while higher-than-expected future demand is driving the company to consider expanding the plant’s capacity. […]

Materials/Manufacturing

Quadrant Magnetics Indicted on Federal Charges Related to Documents & Prohibited Chinese-Origin Materials for Military Contracts 

The U.S. Department of Justice has issued an indictment against Quadrant Magnetics LLC and three individuals who have been arrested for allegedly sending to China technical data drawings related to U.S. military projects and then supplying the Department of Defense with prohibited Chinese-origin items. The indictment was unsealed November 9 following the arrest of three defendants and their initial appearances in the U.S. District Court in the Western District of Kentucky. […]

Materials/Manufacturing

Spin-Ion Stepping Out with System to Engineer Ultra-Thin Magnetic Materials 

Spin-Ion Technologies, a French developer of advanced ion beam technology to engineer the structural properties of magnetic materials, has linked up with Quantum Design International to distribute the company’s Helium-S system in China, Taiwan, Singapore and the United States. The process solution is based on post-growth Helium + ion irradiation to tailor the magnetic properties of thin magnetic films at the atomic scale and improve their performances. […]

e-Power Technology

VAC Focuses on Future of Current Sensing for Electrification 

The electrification of the world is advancing in almost every industry, which has led to a rapid increase in the demand for high precision current sensors. VAC, a leading manufacturer of magnetic materials and products refined from them, has recently set up a new product management team at headquarters in Hanau, Germany and developed a new line of sensors to address these market demands. […]