As Hitachi Metals plugs its flow of red ink with a 46% jump in business, a consortium led by global private equity firm Bain Capital is preparing to acquire it for about $7.5 billion. They […]
Marking an important step in the creation of a new United States-to-Europe rare earth supply chain, the first container of mixed rare earth carbonate produced by Energy Fuels at its White Mesa Mill in Utah is en route to Neo Performance Material’s rare earth separations facility in Estonia. Additional shipments of the carbonate are expected to follow as Energy Fuels continues to process more of the natural monazite sand ore, mined in the American state of Georgia by Chemours, for both the rare earth elements and naturally occurring uranium that it contains. […]
Carpenter Technology, producer of an extensive portfolio of soft magnetic alloys, is continuing to build its expertise in the mass production of stator and rotor stacks, while also fostering future innovation in electrification manufacturing. It […]
The soft magnetic materials market is expected to grow 4.2% annually to $34.6 billion in 2026 from $25.9 billion in 2019, according to a new market report. The transformers segment of the market has particularly strong potential, […]
The team of Walt Benecki, Steve Constantinides, Dr. John Ormerod and Dr. Stan Trout have been writing a comprehensive study regarding the major commercial permanent magnet materials. Data includes quantities produced along with technical aspects of the global permanent magnet industry and production forecasts for the next 10 years. […]
By 2030 annual production of EVs is expected to increase roughly ten-fold to 25-30 million, creating a need to more than double global supply of the rare earth elements, neodymium and praseodymium (NdPr), to meet the EV traction motor market requirement.
Scientists at EPFL in Switzerland have developed a metamaterial made of silicon and magnetic powder whose mechanical properties can be reprogrammed on demand and whose internal structure can be modified by applying a magnetic field. […]
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