Materials/Manufacturing

Magnets for Army Drones Mark 10th American Military Contract for Vulcan Elements

DURHAM, N.C., September 23, 2026 – Marking its tenth U.S. Department of War contract, Vulcan Elements announced its competitive selection by the U.S. Army to supply high-performance neodymium iron boron magnets for the Army’s drone initiative to produce small unmanned aircraft systems. The initiative is the Army’s vertically-integrated effort to produce small drones that aims to produce one million drones per year in the United States, at the Tobyhanna Army Depot in Pennsylvania. […]

Materials/Manufacturing

Greenland Mines Acquires Sarfartoq Rare Earth Project from Neo Performance Materials for $35M

The US-listed company announced it has agreed to acquire the Sarfartoq project in southwest Greenland from Neo Performance Materials. As a consideration, it will pay a total of $35 million, comprising $20 million cash and $15 million in newly issued shares. As part of the transaction, Neo Performance will receive offtake rights on up to 60% of future ore or mineral concentrate production from the Sarfartoq project […]

Materials/Manufacturing

Baiqida Focuses on AI to Advance Magnet Production Machinery & International Patents to Pursue Global Market 

Hydrogen decrepitation is a crucial, energy-efficient process for manufacturing Neodymium magnets, using hydrogen to break down sintered alloy ingots into fine powder by targeting grain boundaries, avoiding intensive mechanical crushing. It can improve production efficiency by 25% and enable sustainable, […]