Materials/Manufacturing
Ucore Builds Momentum Toward Rare Earths Processing in 2026 in Louisiana
Canadian minerals exploration company Ucore Rare Metals aims to become a commercial processor of heavy rare earths in Louisiana in 2026 […]
China
Materials/Manufacturing
Pensana Rakes In $100M Investment to Support Mine-to-Magnet Buildup as Ore Reserves Mushroom in Angola; Makes Offtake Deal with VAC
Pensana has raked in a $100 million stock investment by an unnamed strategic Investor in support of the UK company’s mine-to-magnet strategy. The move follows soon after a detailed evaluation of its developing Longonjo property in Angola resulted in jumping by five times its content of rare earths for magnet applications — elevating the property’s status as an important potential future provider of magnetic feedstock outside China. […]
Materials/Manufacturing
JLMAG Forays Into Market for Flexible Magnets
JL Mag Rare-Earth Company, a leading producer of multiple types of magnets based in Ganzhou, Jianxi, China, has established a Rubber Soft Magnetic Division with aims to grow into becoming one of the main suppliers of flexible magnets globally in several years. The move is part of a diversification strategy to capture more business involving magnetic materials with its automotive clientele while breaking into new markets for an expanded product line. […]
Materials/Manufacturing
Niron Sets Path to Establish Manufacturing of Rare Earth-Free Magnets
Planning to be operational in 2027 at a 190,000-square-foot manufacturing plant now under construction in Minnesota, Niron Magnetics is striding forward on several fronts aimed at establishing commercial-level production of its rare earth-free magnets. It has plans for a second facility producing 10,000 tons annually in 2029. The company has attracted over $300 million in investments from commercial partners including Stellantis, General Motors, and Samsung. […]
Materials/Manufacturing
USA & Australia Critical Minerals Framework Signed by President Trump and Prime Minister Albanese
October 20, 2025- Prime Minister Anthony Albanese and President of the United States Donald J. Trump signed a landmark bilateral framework on critical minerals and rare earths at the White House in Washington DC. This […]
Materials/Manufacturing
Australian Strategic Materials Raises $55M to Double Alloy Production & Advance Growth Plans
October 20, 2025 – Australian Strategic Minerals (ASM) has raised $55 million in new investment funding to support several growth initiatives in its mines-to-metals strategy: “This strongly supported Placement reflects growing global recognition of ASM’s […]
Materials/Manufacturing
Vulcan Elements Opens Pilot Plant for Producing Rare Earth Magnets; Consarc Strip-Casting Furnace Installed
Bolstered by a $1.2 million award from the U.S. Department of Defense and now with the commissioning of a new strip casting furnace from Consarc, Vulcan Elements is building up operations at its new pilot magnet manufacturing plant in North Carolina. A key objective is to develop fresh alternatives for a secure, domestic supply chain for magnets used in critical Air Force systems. […]