Materials/Manufacturing

Rare Earths Company Aclara Allies with VAC to Develop Permanent Magnet Supply Chain

Aclara Resources Inc. has announced that it has signed a Memorandum of Understanding with VACUUMSCHMELZE GmbH & Co. KG (“VAC”), which establishes a non-binding, non-exclusive, preliminary agreement, to jointly approach potential clients as a “mine-to-magnets” […]

e-Power Technology

BMW Transforms to Electric Drive Technology via Massive Investment in New Plant & Equipment 

Automaker BMW is racing to align its production sites around the world to accommodate new electric drive designs as it transforms to an electric vehicle powerhouse. The movement is all-encompassing – involving new vehicle and permanent-magnet powertrain designs instead of internal combustion power, leading to massive investments in new plant and equipment. […]

Digital Version

May/June 2024 + Annual Resource Guide

Magnetic Containment of Fusion Energy Seen as Key to ‘Breakthrough of the Century’
Focused on magnetic technology for the confinement of fusion energy, German venture-backed startups Gauss Fusion and Proxima Fusion are moving resolutely to become front-runners in the global race to pioneer commercial fusion power – seen by many as what could be one of the greatest breakthroughs of this century. […]

e-Power Technology

X-Division Spreads Helix e-Propulsion to More Markets & OEMs 

Designers of high-performance products for e-mobility are getting to know the Helix brand, launched in 2022 to spread the electric propulsion technology of Integral Powertrain Ltd of the UK to more automotive and motorcycle OEMs while also positioning into aviation, marine and aerospace markets. From its roots in designing propulsion systems for motorsports, Helix has emerged as an established series manufacturer of the power-dense motors, inverters and e-powertrains that it develops. […]

Materials/Manufacturing

GKN Powder Metallurgy Gets New CEO & Builds Its Magnet Business Signing Schaeffler as Key Customer in Automotive Electrification 

Dowlais Group Plc, the recently established parent company of GKN Powder Metallurgy, has appointed Jean-Marc Durbuis as the new chief executive officer of GKN Powder Metallurgy.  He joined the company in March from Allnex, a supplier of resins and additives to the coating and inks industry where he was executive vice president of one of its global divisions with revenues of over €1 billion. Already a leading supplier of powder metal materials and sintered metal components, GKN PM lately has been expanding aggressively into magnet manufacturing to broaden its portfolio for the electric vehicle market. […]

e-Power Technology

Mahle Builds Comprehensive Portfolio for Electric Vehicle Technology 

“Electrification is the focus of the future for MAHLE as we continue to position ourselves as a systems-expertise champion in e-mobility,” said Peter Lynch, vice president of Sales & Application Engineering and president, MAHLE Industries, Inc., at this year’s Consumer Electronics Show. The company used the event’s impact as a showcase for breakthrough technology to demonstrate the latest developments in its extensive portfolio for e-mobility. […]