Niron Magnetics and CorePower Magnetics, two start-ups in the U.S. working on building electric motors and power electronics components free of rare-earth magnets, are in the path of numerous venture and technology development fundings to […]
Developers of wearable and attachable medical devices will likely be intrigued with innovative electrophysiological dry electrodes and high-elasticity wiring materials which have recently come out of the labs of Shin-Etsu Chemicals in Japan. Designed for […]
Calling steel “the next precious metal”, Cleveland-Cliffs, a major producer of electrical steel for motors and transformers, has acquired Ferrous Processing & Trading Company. The scrap steel recycler adds a new dimension to the relentless […]
Essex Furukawa, a global provider of magnet wire that is used by most major OEMs, Tier 1 suppliers and other manufacturers in the automotive, energy, industrial, and commercial & residential sectors, has opened its third […]
The global neodymium market size is expected to reach USD 3.39 billion by 2028. It is expected to expand at a CAGR of 5.3% from 2021 to 2028. The demand for electrical and electronic products […]
Vanguard Electronics, a manufacturer and supplier of advanced magnetics components, has released two new series of shielded high current surface mount power inductors that are designed to be extremely robust. The new PL24 and PL25 inductors are ideally suited for power supplies, POL and general […]
MP Materials Corp. (NYSE: MP) announced today that it will build its initial rare earth (RE) metal, alloy and magnet manufacturing facility in Fort Worth, Texas. The company also announced that it has entered a binding, long-term agreement with General Motors (NYSE: GM) to supply U.S.-sourced and manufactured rare earth materials, alloy and finished magnets for the electric motors in more than a dozen models using GM’s Ultium Platform, with a gradual production ramp that begins in 2023. […]
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