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Materials/Manufacturing

MP Materials to Build “10X” Magnet Manufacturing Campus in Texas; Disengages Business Dealings in China 

March 2, 2026 Editorial Staff 0

February 26, 2026 — MP Materials Corp. today announced it has selected a 120acre site in Northlake, Texas, to develop “10X,” the company’s planned large-scale rare earth magnet manufacturing campus. Located less than 10 miles from its Independence facility in Fort Worth, the new campus will cement North Texas as the center of gravity for the United States’ rare earth magnet supply chain, says the company. […]

Materials/Manufacturing

JLMAG Forays Into Market for Flexible Magnets 

December 16, 2025 Editorial Staff Comments Off on JLMAG Forays Into Market for Flexible Magnets 

JL Mag Rare-Earth Company, a leading producer of multiple types of magnets based in Ganzhou, Jianxi, China, has established a Rubber Soft Magnetic Division with aims to grow into becoming one of the main suppliers of flexible magnets globally in several years. The move is part of a diversification strategy to capture more business involving magnetic materials with its automotive clientele while breaking into new markets for an expanded product line. […]

Materials/Manufacturing

Australian Strategic Materials Raises $55M to Double Alloy Production & Advance Growth Plans 

October 22, 2025 Editorial Staff Comments Off on Australian Strategic Materials Raises $55M to Double Alloy Production & Advance Growth Plans 

October 20, 2025 – Australian Strategic Minerals (ASM) has raised $55 million in new investment funding to support several growth initiatives in its mines-to-metals strategy:  “This strongly supported Placement reflects growing global recognition of ASM’s […]

Materials/Manufacturing

Vulcan Elements Opens Pilot Plant for Producing Rare Earth Magnets; Consarc Strip-Casting Furnace Installed 

August 5, 2025 Editorial Staff Comments Off on Vulcan Elements Opens Pilot Plant for Producing Rare Earth Magnets; Consarc Strip-Casting Furnace Installed 

Bolstered by a $1.2 million award from the U.S. Department of Defense and now with the commissioning of a new strip casting furnace from Consarc, Vulcan Elements is building up operations at its new pilot magnet manufacturing plant in North Carolina. A key objective is to develop fresh alternatives for a secure, domestic supply chain for magnets used in critical Air Force systems. […]