MP Materials Corp. has announced it has entered into a transformational public-private partnership with the United States Department of Defense to dramatically accelerate the build-out of an end-to-end U.S. rare earth magnet supply chain and reduce foreign dependency. […]
Uranium producer Energy Fuels is rapidly building momentum to become a significant supplier of processed magnetic rare earths in the U.S. Headquartered in the Denver suburb of Lakewood, Colorado, it has notched important progress on […]
In the field of bonded neo magnets, a comprehensive understanding of magnetic materials and their behaviour under various temperature conditions is invaluable when addressing the challenges of magnet flux loss – a pivotal focus for motor engineers. […]
With the emergence of LabFabITR as a new government-supported magnet factory in southeastern Brazil, South America is joining other continents that are building their capability to manufacture magnets domestically. Development of new rare earth mines and building a magnet recycling industry are related aspects of the grand plan, centered in the minerals-rich state of Minas Gerais. […]
June 18, 2025 – Today a new global powerhouse in electrical steel emerges as Nippon Steel successfully finalized its acquisition of US Steel. Both companies are significant producers of electrical steel sheets, prized for their […]
Dexter Magnetic Technologies, Electron Energy Corporation, and Magnetic Component Engineering a unified group of leading companies for magnetic solutions, announce a joint effort to achieve DFARS 252.225-7052 compliance for Neodymium-Iron-Boron (NdFeB) and Samarium-Cobalt (SmCo) magnets by mid-2026. DMT, EEC, and MCE are actively working with compliant global suppliers to source rare earth materials. […]
June 11, 2025 – U.S. President Donald Trump announced today that the U.S. and China have negotiated a deal under which China will supply magnets and rare earth minerals, while American colleges and universities will […]
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