Neodymium Archives -

Energy Fuels Roars Ahead in Rare Earths Production from Uranium Ore

August 27, 2024 Editorial Staff Comments Off

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. […]

REEtec Rare Earths Separation Plant in Norway to Start Up Soon

August 21, 2024 Editorial Staff Comments Off

A new industrial-scale rare earth oxides separation plant is scheduled to start up soon in Norway. Located in Heroya, the plant belongs to REEtec which has been operating a demonstration plant at the site since […]

BMW Startup Garage to Road-Test Revolutionary e-Drive by DeepDrive

August 20, 2024 Editorial Staff Comments Off

The BMW Startup Garage and Munich-based company DeepDrive are set to road-test a revolutionary permanent-magnet electric motor. The concept features dual rotor technology and is expected to enable super-efficient, powerful drives that offer plenty of […]

Brugger Magnetsysteme Introduces New Designs for Holding Power

July 22, 2024 Editorial Staff Comments Off

Brugger Magnetsysteme, a producer of magnet assemblies and a specialist in molded magnets, has recently added two new lines to its array of products for workholding applications. Suction cup magnet systems are innovative designs for […]

Tech Tips: Harnessing the Power of Magnetic Graphene, as Explained by Nanografi

June 17, 2024 Editorial Staff Comments Off

The idea of magnetic graphene has been fantasized over since the discovery of graphene. But, is it really possible to achieve magnetic properties with graphene? That is a provocative question posed, ironically, by Nanografi Nano […]

MP Materials Awarded $58.5 Million Tax Credit for Magnet Manufacturing Plant in Fort Worth

May 9, 2024 Editorial Staff Comments Off

MP Materials has received a $58.5 million federal tax credit to support the construction of its rare earth magnet manufacturing plant in Fort Worth, Texas. The Section 48C Advanced Energy Project tax credit allocation was issued by the IRS and Treasury following a competitive, oversubscribed process administered by the Department of Energy that evaluated the technical and commercial viability and environmental and community impact of approximately 250 projects. A similar award for a $111 million tax credit went to an American subsidiary of Vacuumschmelze recently for its new magnet plant in South Carolina, as reported earlier in Magnetics Magazine. […]

Cyclic Expands Magnet Recycling to Wind Turbines & MRI Machines

April 23, 2024 Editorial Staff Comments Off

Cyclic Materials, a startup advanced metals recycling company in Canada intent on building a circular supply chain for rare earth elements (REEs) and other critical metals, has expanded its operations to accept two new feedstock […]

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