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 […]
MagREEsource, a French manufacturer of rare earth permanent magnets made from recycled scrap magnetic material, is expanding its factory in Noyarey near Grenoble. The additional 400m² will bring the total facility size to 1,500m² to […]
May 16, 2025 – Perth, Western Australia – Lynas Rare Earths Ltd has accomplished its first production of Dysprosium Oxide (Dy) heavy rare earths at its plant in Malaysia. The new heavy rare earth separation circuit was commissioned earlier this year, next on the agenda is Terbium (Tb) production in June. […]
Aclara Resources has inaugurated its Carina Project heavy rare earths pilot plant in Aparecida de Goiania, Goias, Brazil. In concert with the company’s dedicated outreach to community and government, the ceremony was attended by key government authorities from the State of Goias, the Municipality of Nova Roma, and representatives from federal agencies and international embassies, along with other stakeholders. […]
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