Silicon Austria Labs (SAL) and Graz University of Technology (TU Graz) have jointly opened a new power electronics research laboratory in Graz, Austria. Named PERL, the lab is dedicated to advancing fundamental research in high frequency switched power converters. […]
With a major new production line in operation at its Big River Steel facility in Arkansas, U. S. Steel has entered the market for electrical steel in a big way. Its new Indux™ steel is […]
April 23, 205 – Cyclic Materials, the advanced recycling company creating a circular supply chain for rare earth elements (REEs) and other critical materials, today announced it has invested over $20 million in its first commercial facility, located in Mesa, Arizona. The new state-of-the-art facility will be the company’s first global rare earth element recycling operation focused on the separation of permanent magnets from end-of-life products previously not recovered, using its proprietary MagCycle process. […]
Neo Performance Materials reported strong profit increases in its full-year financial report for 2024, issued March 18. Highlights for its Neo Magnequench unit included a solid gain in earnings despite lower revenues, and continued progress in the construction of its new permanent magnet plant in Europe. In a separate announcement, the company reported on April 1 that as part of a corporate streamlining effort it completed the sale of most of its interest in a rare earth separations operation in China for about $28 million to an affiliate of Shenghe Resources. […]
Triad Magnetics, a power electronics and magnetic component manufacturer for more than 80 years, has opened a new production facility at its headquarters in southern California. In other recent news, it has promoted Ongela Starks […]
Cergen Technology, a manufacturer of magnetic cores and components in China, is making a major expansion at its new facility in Jiaxing southwest of Shanghai that is expected to go into operation this year. Construction […]
thyssenkrupp Steel has put into operation a new high-tech annealing and isolating line for producing electrical steel in Bochum, Germany. Part of a modernization project, the modern and energy-efficient plant in the Ruhr Valley now can manufacture up to 0.2 mm thin electrical sheet with particularly homogeneous mechanical and magnetic properties tailored for advanced EV motors. […]
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