Materials/Manufacturing

Phoenix Tailings Opens Rare Earth Metallization Facility 

Phoenix Tailings has opened one of the first rare earth metallization facilities in the USA with zero reliance on Chinese inputs, equipment or technology. Located in Exeter, New Hampshire, initially the plant will produce 200 tons of both light and heavy rare earth metals each year, with the capacity to scale to more than 1,000 tons per year. That capacity would be able to supply the entire U.S. defense industrial base, says the company. […]

e-Power Technology

Kongsberg Maritime Expands Range of Azimuth Thrusters, Goes Electric with Shipboard Towing Winches

Azimuth thrusters, typically employing powerful neodymium permanent-magnet motors, have become a major tool for electrifying maritime propulsion. Kongsberg Maritime, a pioneering leader in the technology, has recently extended the range of its underwater mountable, permanent magnet azimuth […]

Materials/Manufacturing

Energy Fuels to Acquire Australian Strategic Materials for $300M, Unveils Major Scope of Resource in Madagascar 

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 […]

Materials/Manufacturing

USA Rare Earth Charges Ahead Via LCM Acquisition, New Execs & Key Supply Deals with Arnold Magnetic, Permag and Solvay Spanning North America and Europe 

In a flurry of recent deals, USA Rare Earth has completed its $100 million-plus acquisition of Less Common Metals in the UK while simultaneously leveraging the purchase through important supply transactions involving Arnold Magnetic Technologies and Permag in the […]