e-Power Technology

DoD Awards Lynas Rare Earths $120 Million to Build Processing Plant in USA 

The American subsidiary of Australian-based Lynas Rare Earths has been awarded a follow-on contract for approximately $120 million by the U.S. Department of Defense (DoD) to establish a first of its kind commercial heavy rare earths (HRE) separation facility in the United States.    […]

e-Power Technology

Rimac Forges Ahead to Produce EV Components & Hypercars in Croatia 

Forged around fast-growing Croatian automotive manufacturer Rimac Group, new world-class centers of electric vehicle design, engineering and manufacturing are emerging in Zagreb and Berlin to craft cutting-edge permanent magnet motors and full drivetrains, along with other EV components and systems, for some of the world’s leading automakers. With backing from Porsche and Hyundai, and ties to the famed Bugati brand, Rimac seeks to up-end EV technology and become a Tier One supplier of virtually all EV components and systems for the auto industry, along with producing its own high-performance electric automobiles.  […]

e-Power Technology

MP Materials Begins Construction of Magnetics Factory, Cements Supply Deal with General Motors 

MP Materials has begun construction of its previously announced rare earth metal, alloy, and magnet manufacturing facility in Fort Worth, Texas, marking a significant return of magnet manufacturing operations in North America. The facility is […]