Lynas Rare Earths Ltd has announced that wholly owned subsidiary Lynas USA LLC has signed a follow on contract with the United States (U.S.) Department of Defense (DoD) for the construction of the Heavy Rare Earths component of the Lynas U.S. Rare Earths Processing Facility in Texas. […]
USA Rare Earth plans to start up neodymium magnet production next year at its plant in Stillwater, Oklahoma and to be supplying it with rare earth feedstock mined at its own Round Rock property in Texas in late 2025 or early 2026, reports CEO Tom Schneberger to Magnetics Magazine. […]
With accolades for its new Nexlim, which it calls “the world’s thinnest magnetic component”, and the recent development of its “eco magnet”, Korean materials and components company LG Innotek is making impressive headway in challenging the dominance of companies in China and Japan for leadership of innovation in fundamental magnetics technology. […]
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. […]
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