Materials/Manufacturing

Phoenix Tailings Opens Rare Earth Metallization Facility 

Phoenix Tailings has opened one of the first rare earth metallization facilities in the USA with zero reliance on Chinese inputs, equipment or technology. Located in Exeter, New Hampshire, initially the plant will produce 200 tons of both light and heavy rare earth metals each year, with the capacity to scale to more than 1,000 tons per year. That capacity would be able to supply the entire U.S. defense industrial base, says the company. […]

Materials/Manufacturing

Energy Fuels to Acquire Australian Strategic Materials for $300M, Unveils Major Scope of Resource in Madagascar 

Significantly expanding its clout in magnetic materials supply, Energy Fuels, an American producer of uranium, rare earth elements and other critical materials, has struck a deal to acquire Australian Strategic Materials for about $300 million and also has unveiled new details about what it describes as […]

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

Meteoric Opens Pilot Plant for Processing Rare Earths in Brazil 

Meteoric Resources, an emerging player in the rare earths sector from Australia, has opened its Caldeira Rare Earth Project pilot plant in Minas Gerais, Brazil. The plant is located at Meteoric’s Innovation & Research Center in Poços de Caldas and represents an important step in the development of future operations of the project.  […]

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.  […]