- Global Magnet Industry: 2012 Breakdown
- MIT Researchers Discover a New Kind of Magnetism
- For Newly Discovered ‘Quantum Spin Liquid’, the Beauty Is in Its Simplicity
- Chaotic ‘Spin Vortices’ Could Lead to New Computer Memories
- Eriez SafeHold MPL Series Lifting Magnets are Safe, Reliable and Efficient
- Molycorp’s New Rare Earth Complex is Operational, Ramping Up Production
- VCU Receives NSF I-Corps Grant to Advance Work on Permanent Magnets
- Lake Shore Acquires PMC and Its MicroMag Systems
Materials/Manufacturing
SRC Lines Up Feedstock for New Processing Plant in Canada Amidst Resolute Government Backing to Seize Economic Opportunity in Rare Earths & Magnet Production Domestically
The Saskatchewan Research Council is lining up supplies of feedstock to funnel into its new rare earth processing facility in central Canada that is aimed to catalyze a mines-to-magnet supply chain for the country. In recent moves it has forged agreements with Hung Thinh Group to import rare earth carbonate from Vietnam and purchased $3 million worth of stockpiled rare earth material from Vital Metals – adding to previously arranged supplies to come from Commerce Resources’ Ashram property near Quebec. The actions come amidst resolute efforts by the provincial and federal governments to seize the economic opportunities that a domestic rare earths and magnet industry can mean – and by SRC to become an industry leader. […]
e-Power Technology
GKN Automotive & Magneti Ljubljana (developer of new filament for 3D printing of bonded magnets) Key Partners on Euro R&D Project for Sustainability e-Motor
A €4m research and development program to develop a lower cost, more efficient and power dense permanent magnet e-motor for electric vehicles is being funded by the European Community. Inspired by ambitious sustainability objectives, the […]
Materials/Manufacturing
Neo Performance Materials: Names New President; Acquires SG Technologies in UK, and Rare Earths Exploration License in Greenland
Neo Performance Materials, considered a bellwether of the permanent magnetics industry, has named a new president in concert with the upcoming retirement of its CEO and long-time leader Constantine Karayannopoulos and, in rapid succession, recently consummated two deals that further its mines-to-magnets vertical integration strategy:
By acquiring SG Technologies Group Ltd (SGTec) in the UK, Neo moved further up the value chain and expands its specialty manufacturing footprint in Europe to better serve rapidly growing magnet demand from the electric vehicles, electronics and clean energy industries.
In Greenland, it progressed another step in developing its own rare earths mine as the government approved transfer of an exploration license from Hudson Resources of Canada, clearing the way for Neo to acquire it. […]