Materials/Manufacturing

Greenland Mines Acquires Sarfartoq Rare Earth Project from Neo Performance Materials for $35M

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 […]

Materials/Manufacturing

Energy Fuels Marks Milestones in Production of Domestic Feedstock for Magnets in USA, Plans Expansions 

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. […]

Materials/Manufacturing

Neo Forges AI Research Program in Estonia; Pursues Trans-Atlantic Recycling with Cyclic Materials 

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.  […]

Materials/Manufacturing

Advanced Magnet Lab (AML) Awarded $2 Million Defense Logistics Agency (DLA) Contract to Qualify High-Grade Sintered NdFeB Permanent Magnets for Defense 

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 […]

Materials/Manufacturing

Advanced Technologies for Next Generation Magnet Materials  

Melt spinning & strip casting create precisely engineered flakes and ribbons, enabling controlled cooling and stable microstructures for bonded and sintered magnet applications.   A Unified Process Chain  See Retech’s Magnet Material Production Equipment.  For more info, visit: Retech | Melt Spinning / Strip Casting 

Materials/Manufacturing

Ames National Lab Opens Advanced Magnet Facility 

Ames National Laboratory has opened its new Advanced Magnet Facility, providing modernized space and instrumentation that will expand the U.S. Department of Energy laboratory’s capabilities in magnetic materials, energy technologies and applications focused on national security. Ames Lab is located at Iowa […]