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. […]
Zettler Magnetics, a manufacturer of transformers and magnetic components, has greatly expanded its range of plug and play AC-DC power modules, alongside significant expansion of its manufacturing and operations sites. […]
Carpenter Technology, a manufacturer of magnetic powders and other alloys, is raising its base prices by 6-8% again, coming about six months after a similar increase made in May. The latest increase went into effect November […]
Aumann, the German maker of coil winding equipment for manufacturing electric motors, reports a dramatic upsurge in business — helped notably by adding battery machinery to its product mix for the automotive industry. Order intake company-wide increased by […]
Prices are zooming and business is booming at MP Materials, the largest producer of rare earth materials in the western hemisphere. In November, it reported that revenues soared to $99 million in its most recent quarter, […]
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