Significantly expanding its clout in magnetic materials supply, Energy Fuels, an American producer of uranium, rare earth elements and other critical materials, has struck a deal to acquire Australian Strategic Materials for about $300 million and also has unveiled new details about what it describes as […]
Pensana has raked in a $100 million stock investment by an unnamed strategic Investor in support of the UK company’s mine-to-magnet strategy. The move follows soon after a detailed evaluation of its developing Longonjo property in Angola resulted in jumping by five times its content of rare earths for magnet applications — elevating the property’s status as an important potential future provider of magnetic feedstock outside China. […]
Noveon Magnetics, a manufacturer of sintered NdFeB rare earth, has recently secured several supply and manufacturing agreements in Asia, Europe and Australia. Beginning in November, 2025, Noveon Magnetics signed a memorandum of understanding with Kangwon […]
Atlanta, Sept 4, 2025 — Today, Governor Brian P. Kemp announced that JS Link America Inc., a wholly owned U.S. subsidiary of South Korean firm JS Link, intends to invest about $223 million to establish […]
Uranium producer Energy Fuels is rapidly building momentum to become a significant supplier of processed magnetic rare earths in the U.S. Headquartered in the Denver suburb of Lakewood, Colorado, it has notched important progress on […]
Arafura Rare Earths has executed an offtake agreement with Traxys Europe, a global minerals trader based in Luxembourg, for the sale of NdPr oxide from Arafura’s Nolans Project in Australia. Contract volume is 100 tons […]
Uranium mining company Energy Fuels, riding a wave of high prices for its radioactive ore, has commissioned its mill in White Pass, Utah to add commercial production of neodymium praseodymium as a secondary product. With two new deals tapping properties in Australia and Madagascar, and a key executive appointment, the company is advancing further toward becoming a significant supplier of processed magnetic rare earths in North America. […]
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