Despite traumatic slowdowns and shutdowns due to the Covid-19 pandemic, the market for electrical steel is pointed upward over the long term. Recent reports by market analysts differ somewhat on their estimates of the market […]
Hitachi Metals has developed a new magnetic amorphous metal using its Metglas iron-based amorphous alloy and magnetic domain control technology that promises to bring dramatically higher efficiency to distribution transformers. The material has been named […]
Neo Performance Materials Inc. announces that, due to increased demand, its Magnequench segment intends to significantly expand its capacity to produce compression-molded NdFeB (“neodymium-iron-boron”) magnets and assemblies, used in the automotive, electronics, home appliance and […]
Everwin Magnetics Co., Ltd. is a newly founded company in Canada specialized in the manufacturing rare earth magnet NdFeB serving customers in North America. “As the cost arise in Asian and the trend to make/use […]
A massive meltdown in demand for its steel and metal products in almost all countries and sectors due to Covid-19 is reported by voestalpine Group for the three months ending June 30. A key provider of electrical […]
Victimized by the global pandemic, business dropped 23% in the first six months of this year for the Neo Magnequench business unit of Neo Performance Materials, widely considered a bellwether of the magnetic materials industry. Revenues for Magnequench dropped to $68.8 million from $89 […]
Itching for a piece of the action in a neodymium mining venture? Head for Angola or, more precisely, to the London Stock Exchange where you can buy shares of Pensana Rare Earths Plc, stock symbol PRE.L. It’s a […]
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