Materials/Manufacturing

Mkango to Acquire Heraeus Remloy Magnet Recycling Plant in Germany, Builds Momentum via Subsidiary HyProMag in UK 

Mkango Resources has signed an asset purchase agreement with metals company Heraeus to acquire its startup Remloy rare earth magnet recycling business in Germany for $9.4 million with plans to link it to Mkango’s subsidiary HyProMag which just opened its own magnet recycling plant in the country. Meanwhile, the company reports other significant new technical and business developments at HyProMag, which is based in Birmingham in the UK. […]

Magnetics/Assemblies

Magnetics Industry Adapts Its Operations Worldwide in Battle to Stay Open and Serve Customers Amidst Global Pandemic

It’s too early to tell what the economic fallout will be from the Covid-19 pandemic but it is clear that the magnetics industry has pulled out all the stops in efforts to stay operating safely […]