January 2nd eNL 2026

January 23, 2026

Energy Fuels to Acquire Australian Strategic Materials for $300M, Unveils Major Scope of Resource in Madagascar 
Significantly expanding its clout in magnetic materials supply, Energy Fuels, an American producer of uranium, rare earth elements and other critical materials, has struck a deal to acquire Australian Strategic Materials for about $300 million and also has unveiled new details about what it describes as a potentially enormous new source of rare earths at its property in Madagascar. 
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Berkeley Lab Marks Nearly a Century of Magnet Research with More to Come 
For nearly a century, magnet technology at Berkeley Lab has shaped global research, enabling massive machines and major discoveries – and there’s more yet to come. 
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Normet Expands SmartDrive Platforms for Underground Mining 
Normet, a developer and manufacturer of battery-electric underground mining equipment, has launched two new SmartDrive platforms, one for its smaller vehicles, another for its large sizes. A key element of the Finnish company’s electrodynamic technology is that the need for a driveshaft and gearboxes are eliminated through driving the externally cooled mining axles directly with permanent magnet motors in a highly efficient direct-drive configuration. 
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Visit Magnetic Metals at APEC, Booth 457, March 22-26, San Antonio, TX 

Components for EV Power & Propulsion Systems Deliver Maximum Electrification Properties With Magnetic Metals’ Tape Wound Toroidal & Cut Cores 

Our cores provide the essential magnetic properties and efficiencies required for: 

• Transformers that power EV Charging Stations, 
• Transformers that control & monitor AC induction & DC motor performance 
• Power supplies that charge EV battery packs, 
• GFCI’s used in Electric Vehicles, 
• Inductors, converters & inverters 

Utilize our tape wound toroidal & cut cores that are specifically designed to achieve the near-perfect magnetic circuits that outperform transformer laminations while minimizing electrical losses, reducing component size & weight, and increasing power density. 

In addition, we use the most advanced grades of soft magnetic materials, provide short turnaround times, and offer both standard and custom cores.  

Contact us today to discuss which magnetic materials and core designs will give you components with the highest performance characteristics available. Call 856-964-7842 or visit www.magneticmetals.com 

CWIEME Berlin 2026 announces the return of the CWIEME Awards 
CWIEME Berlin, a leading exhibition for coil winding, transformer, electric motor, generator and e-mobility technologies, is bringing back its industry awards following strong interest from the electrical engineering community. This year’s awards will celebrate the people and projects driving the next era of electrification. The award ceremony will take place during the exhibition on May 21, 2026, at the Central Grid (formerly the Central Stage) from 10-11am, bringing together industry leaders, innovators and engineers to recognize outstanding achievements across the electrical engineering industry. 
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