Materials/Manufacturing

Aisin Develops Ultrahigh-Efficiency Motor Using Soft Magnetic Alloy from Tohoku Magnet Institute 

Aisin Corporation has developed an ultrahigh-efficiency motor jointly with Tohoku Magnet Institute using TMI’s newly developed nanocrystalline soft magnetic alloy, Nanomet. Aisin invested in TMI in June of last year and a prototype of the motor was exhibited at the Automotive Engineering Exposition 2023, held recently in Yokohama. Both firms are based in Japan and each contributed their technical capabilities to the development. TMI is an R&D spinout from Tohoku University where the alloy was invented. […]

Materials/Manufacturing

Mkango to Acquire HyProMag, Aims for Magnet Recycling Plants in UK, Germany and USA 

Mkango Resources is paying up with the help of a new partner up to acquire full control of pioneering British magnet recycler HyProMag. The companies plan to build a plant in the U.S. next, rolling out further HyProMag’s technology for processing of magnet scrap using hydrogen, developed at the University of Birmingham. First production using the process is targeted for the UK this year, Germany in 2024 and the U.S. to follow as the Vancouver-based minerals company continues to pursue development of its Songwe Hill rare earths property in Africa. […]