Major automakers are transforming their design and manufacturing operations as they quicken their path to building out lineups of electric vehicle models. The transition will have profound impact on the use of magnets and magnetic technology, focused primarily on permanent magnet motors for propulsion instead of combustion engines. […]
Targeting to be in full production next year, Hitachi Automotive Electric Motor Systems has established a new company for the development, manufacturing and sale of electric motors for electric vehicle manufacturers in the USA. Called Hitachi Automotive Electric Motor Systems America, Inc., […]
Business looks spectacular at MP Materials, the largest rare earth materials producer in the Western Hemisphere. In its most recent quarter, revenue doubled to $42.2 million compared to the same period a year ago, while for the […]
Amidst surging commitments to electric vehicle production, the world’s leading automakers are embarked on a stunning transformation of their design and manufacturing operations. Around the globe, the trend is destined to bring tons of magnets […]
The U.S. Department of Defense wants to see bags of processed rare earth sitting on domestic soil, feeding the production of neodymium magnets in a politically secure supply chain. Its latest move toward the objective came in February when Australian-based Lynas Rare Earths Ltd, the largest rare earth element mining and processing company outside of China, was awarded a technology investment contract by DoD to build a rare earths processing plant in Texas. […]
With groundbreaking new superconducting and fundamental scientific projects underway at major research facilities, Bilfinger Noell of Germany is playing a leading role in providing the sophisticated magnetics engineering expertise that is needed for them. The latest is […]
While still a long way from operation, more pieces of the puzzle are coming together for Ucore Rare Metals in its pursuit to establish both production and processing of ore from its Bokan Mountain property […]
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