Noveon Magnetics, an operational U.S. manufacturer of sintered rare earth magnets, recently announced a long-term supply agreement with global technology leader ABB to provide high-performance NdFeB magnets for use in industrial motor applications. […]
Research And Markets, has recently published its comprehensive Rare Earth Magnet Market Forecast for 2025-2033 including key insights and trends. The global rare earth magnet market size reached USD 19.5 Billion in 2024. Looking forward, […]
Disk-drive leader Western Digital, along with Microsoft and others are collaborating in a rare earth element recovery and circular recycling program using environmentally friendly chemistry to help build up critical rare earth element reserves and […]
European Metals Recycling, a progressive company in sustainable materials and recycling based in the UK, is building its capabilities to develop advanced circular supply chains for rare-earth magnets. Led by Rare Earth recycling innovator Ionic […]
Furthering its research and development into new magnetic materials, Japanese materials company Proterial has developed high-performance heavy-rare-earth-free neodymium sintered magnets with no use of heavy rare earth, and also confirmed the suitability of its Permendur soft magnetic material for motor core material for electric vertical take-off and landing (eVTOL) aircraft – opening a pathway to apply it more widely for cores of other motors requiring small size, light weight and high torque. […]
Bolstered by a $1.2 million award from the U.S. Department of Defense and now with the commissioning of a new strip casting furnace from Consarc, Vulcan Elements is building up operations at its new pilot magnet manufacturing plant in North Carolina. A key objective is to develop fresh alternatives for a secure, domestic supply chain for magnets used in critical Air Force systems. […]
Long-term commitment will enable Apple to domestically source 100% recycled rare earth magnets for its products, supporting U.S. manufacturing and circular supply chains […]
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