Materials/Manufacturing

Cleveland-Cliffs to Acquire ArcelorMittal USA for $1.4 Billion

Cleveland-Cliffs Inc. announced today that it has entered into a definitive agreement with ArcelorMittal USA to acquire substantially all of its operations for $1.4 billion. The transaction will make Cleveland-Cliffs, already a leading producer of electrical steel for motors and transformers, the largest flat-rolled steel producer […]

e-Power Technology

Amorphous Alloy Transformer Cores and New R&D Center at Oxford for Hitachi Metals and Metglas

Metglas has launched commercial production of transformer cores made of its magnetic amorphous metal alloy and, separately, parent company Hitachi Metals has established a new technology center at Oxford University for further research and development in amorphous […]

News

Upwing Energy Awarded 10 New Patents for Innovative Downhole Oilfield Tools Using Advanced Magnetic Designs

Upwing Energy, inventor of a sophisticated magnetic drive system for downhole pumps for the oil and gas industry, has been issued 10 new patents for its artificial lift technologies. The patents cover design features in its downhole rotating tools and […]

Magnetics/Assemblies

Magna’s e-Powertrain Solutions Provide Suite of Components and Systems for Auto Manufacturers

Encompassing different combinations of magnetic technology, Canadian automotive supplier Magna is building a suite of powertrains and components for electric vehicles that reflect its total systems approach to serve the evolving needs of automotive manufacturers. Shown above […]

News

Drone-Enabled Magnetometer System Developed by Geometrics

Empowering geoscientists for over 50 years with its seismographs, magnetometers, and geoelectric instruments, Geometrics now has developed its first ever drone-enabled magnetometer that opens new capabilities in geo-surveys. The MagArrow’s sleek housing holds the company’s MFAM (Micro-fabricated Atomic Magnetometer) module, a miniature magnetometer capable of […]