Aiming to become a vertically integrated mine-to-magnet producer, Australian Strategic Materials reports that it is now steadily manufacturing neodymium metal and alloy at its new Korea Metals Plant, while making progress in the development of its rare earths mine site in Australia. […]
Very few companies have mastered the science of magnetocalorics sufficiently to develop a commercial refrigerator, but perhaps none have also been successful in making the concept “cool” from a marketing standpoint. Now, though, a young academic spinoff company from Darmstadt, Germany is changing the landscape with its Polaris beverage refrigerator. […]
CorePower Magnetics, building upon soft magnetics technologies invented at Carnegie Mellon University and the National Energy Technology Laboratory, is planning to establish a plant in Pittsburgh to manufacture its signature nanocrystalline magnetic cores and power […]
Weak prices for rare earths have hit American producer MP Materials recently, reporting in its latest financials a 51% drop in prices for the rare earth oxides (REO) that it mines near Las Vegas, Nevada. […]
Magnetic Shield, a manufacturer of magnetic shielding materials and products, has expanded the building at its headquarters in Bensenville, Illinois northwest of Chicago to accommodate greater inventory and increased capabilities. The new 7,000 sq ft […]
National Electronic Alloys, a distributor of specialty metals and alloys – including many magnetic alloys, has acquired distributor Ed Fagan Inc., building a larger enterprise and establishing a new parent company name of EFINEA in […]
Vacuumschmelze, one of the world’s leading producers of magnetic materials and products has announced it will build a major new magnet factory in South Carolina that will supply domestically produced magnets in the USA. The move comes shortly after the company, based in Hanau, Germany, was acquired by investment group Ara Partners in October. […]
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