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.
As transcranial magnetic stimulation progresses in its acceptance by regulatory authorities and the medical community around the world, so does the precision and speed of TMS devices. MagVenture, a Danish pioneer of TMS systems, has come […]
With strong forward orders for its ECR2 motors specially designed for refrigeration equipment, New Zealand company Wellington Drive Technologies reported in April that it returned to profitability in the first quarter of 2021 and expects to return to robust growth for the year […]
Melexis has added new products to its lineup of Triaxis magnetic sensors with a new magnetic rotary and linear position sensor IC for high-performance sensing, also a compact three-axis magnetometer for consumer applications. Its latest Triaxis position sensor with new […]
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. […]
Ferroglobe, a major producer of ferrosilicon used in the production of electrical steel, reports that its business has rebounded from the plummet it experienced last year at the peak of the Covid-19 pandemic. Red ink […]
Carpenter Technology Corporation is raising its base prices from six to nine percent on new, non-contract orders across all specialty alloy products. Separately, the company reported continued, albeit reduced, losses of $40 million in its […]
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