AURORA, Ontario, July 28, 2026 — Magna today announced it has secured an 800-volt electric drive program award with Chery, marking a key milestone in the company’s advanced electrification strategy in China. The program will […]
A global price war in the market for grain-oriented electrical steel is generating intense pressure on producers outside China, impacting especially the two remaining manufacturers of GOES in Europe – thyssenkrupp Electrical Steel and ArcelorMittal. Plant shutdowns, company pleas for regulatory protection and government support measures are aspects of the fray as exporters in China flood the market and erode price levels. Laced with distinctive magnetic properties, the specialty steel is a key material for substation transformers and large generators for wind power, along with other electromechanical products dependent upon magnetic functionality. […]
Hydrogen decrepitation is a crucial, energy-efficient process for manufacturing Neodymium magnets, using hydrogen to break down sintered alloy ingots into fine powder by targeting grain boundaries, avoiding intensive mechanical crushing. It can improve production efficiency by 25% and enable sustainable, […]
Sinomags, a prolific developer in China of magnetic sensing products and the parent company of Sensitec GmbH in Germany, has recently launched several new current sensors featuring tunnel magnetoresistance (TMR) technology for power electronics design. The STK-626C, shown […]
Laboratorio Elettrofisico (LE GROUP) has recently been recognized by Foxconn Technology Group – the main manufacturing arm of Apple in China – as one of the top three global suppliers involved in the MacBook, iPad and Apple Watch production chains. The award highlights the continuity of performance, industrial robustness and the specialized technological contribution of LE Group […]
February 26, 2026 — MP Materials Corp. today announced it has selected a 120acre site in Northlake, Texas, to develop “10X,” the company’s planned large-scale rare earth magnet manufacturing campus. Located less than 10 miles from its Independence facility in Fort Worth, the new campus will cement North Texas as the center of gravity for the United States’ rare earth magnet supply chain, says the company. […]
Canadian minerals exploration company Ucore Rare Metals aims to become a commercial processor of heavy rare earths in Louisiana in 2026 […]
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