Materials/Manufacturing

Materials/Manufacturing

Shenghe to Acquire Neo’s Separation Assets in China for $30 Million; Backs Peak’s Tanzania Project for $96 Million 

October 15, 2024 Editorial Staff Comments Off on Shenghe to Acquire Neo’s Separation Assets in China for $30 Million; Backs Peak’s Tanzania Project for $96 Million 

Chinese rare earths company Shenghe Resources continues to build its footrprint as a globally connected rare earths company. In two recent moves, it pledged to invest $96 million in Australian minerals firm Peak Rare Earths that provides critical funding for its mine development in Tanzania and agreed to pay Toronto-based Neo Performance Materials $30 million to acquire processing assets of Neo in China. […]

Materials/Manufacturing

Explosives Pioneer Orica Rocks the Mining Industry with Magnetic Inductance Priming 

October 9, 2024 Editorial Staff Comments Off on Explosives Pioneer Orica Rocks the Mining Industry with Magnetic Inductance Priming 

150-years-young Orica has come up with a truly explosive way to apply the power of magnetic inductance that is rocking the mining industry. In the world of mining, innovation is not just a buzzword, asserts the company, it’s a necessity. As mines delve deeper and face increasingly challenging conditions, the need for advanced technologies becomes paramount. […]

Materials/Manufacturing

ASR-SK Series Solid-State Relays in Plastic Processing and Semiconductor Manufacturing

September 11, 2024 Editorial Staff Comments Off on ASR-SK Series Solid-State Relays in Plastic Processing and Semiconductor Manufacturing

Precision, reliability, and efficiency are essential in industries like plastic processing and semiconductor manufacturing, where equipment must handle varying loads and temperature-sensitive processes. The ASR-SK Series Solid-State Relays (SSRs) offer a solution for these challenges with features like zero-crossing or random-on switching, SCR output, and integrated heatsinks. […]

Materials/Manufacturing

Cyclic Extends Magnet Recycling Reach: Microsoft Investment Targets Hard Drives; Auto Salvage in UK Marks First Overseas Supply Deal 

September 4, 2024 Editorial Staff Comments Off on Cyclic Extends Magnet Recycling Reach: Microsoft Investment Targets Hard Drives; Auto Salvage in UK Marks First Overseas Supply Deal 

Recycling magnets from computer hard drives has garnered the attention — and opened the wallet — of Microsoft’s Climate Innovation Fund. It’s one of several new avenues that Cyclic Materials of Toronto is pursuing to gather more magnets into its supply stream and extend the reach for its technology. Auto salvage in the UK is another, marking the company’s first overseas feedstock deal – and with ties to parent companies IAA and Ritchie Auctions which have extensive worldwide operations in the used vehicle business.  […]

Materials/Manufacturing

SRC Lines Up Feedstock for New Processing Plant in Canada Amidst Resolute Government Backing to Seize Economic Opportunity in Rare Earths & Magnet Production Domestically 

September 3, 2024 Editorial Staff Comments Off on SRC Lines Up Feedstock for New Processing Plant in Canada Amidst Resolute Government Backing to Seize Economic Opportunity in Rare Earths & Magnet Production Domestically 

The Saskatchewan Research Council is lining up supplies of feedstock to funnel into its new rare earth processing facility in central Canada that is aimed to catalyze a mines-to-magnet supply chain for the country. In recent moves it has forged agreements with Hung Thinh Group to import rare earth carbonate from Vietnam and purchased $3 million worth of stockpiled rare earth material from Vital Metals – adding to previously arranged supplies to come from Commerce Resources’ Ashram property near Quebec. The actions come amidst resolute efforts by the provincial and federal governments to seize the economic opportunities that a domestic rare earths and magnet industry can mean – and by SRC to become an industry leader.  […]