Materials/Manufacturing

USA Rare Earth Accelerates Mine-to-Magnet Strategy with Acquisition of Less Common Metals, Which Recently Established a Strategic Presence in France

USA Rare Earth, Inc. recently announced it has entered into a definitive agreement to acquire LCM, the world’s most established ex-China rare earth metal and alloy producer. The acquisition represents a significant acceleration of USAR’s mine-to-magnet strategy, establishing an end-to-end rare earth supply chain. […]

Materials/Manufacturing

Neo Performance Materials Purchases Samag Magnet Manufacturing Facility near Shanghai; Reports Lower Revenues for First Half of 2019

Neo Performance Materials Inc. has acquired a magnet manufacturing plant near Shanghai for $9.7 million where it will produce compression molded magnets using its Magnequench Neodymium-Iron-Boron (NdFeB) powders. Separately, the company reports that it experienced an […]