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

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. […]

Materials/Manufacturing

Lynas Separates Heavy Rare Earths in Malaysia, Points to Market Restructure 

May 16, 2025 – Perth, Western Australia – Lynas Rare Earths Ltd has accomplished its first production of Dysprosium Oxide (Dy) heavy rare earths at its plant in Malaysia. The new heavy rare earth separation circuit was commissioned earlier this year, next on the agenda is Terbium (Tb) production in June. […]