Neodymium

Materials/Manufacturing

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

June 2, 2026 Editorial Staff Comments Off on 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 

June 1, 2026 Editorial Staff Comments Off on 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, […]

e-Power Technology

Electric Hydrofoil Passenger Vessels Headed for Australian Market 

May 13, 2026 Editorial Staff Comments Off on Electric Hydrofoil Passenger Vessels Headed for Australian Market 

New Zealand marine technology innovator Vessev is expanding into the Australian market with the Enautic Group set to introduce Vessev’s electric hydrofoiling passenger vessels to Western Australia. They are powered by an underwater propulsion system using neodymium permanent magnet motors.   Several Vessev VS–9 vessels have been reserved […]

Magnetics/Assemblies

MIMplus Crafts Shaped Magnets Using Metal Injection Molding 

March 18, 2026 Editorial Staff Comments Off on MIMplus Crafts Shaped Magnets Using Metal Injection Molding 

At metalcrafter MIMplus in Germany, a new focus is on producing powerful neodymium magnets in extraordinary shapes by using its expertise and extensive manufacturing capabilities in metal injection molding. While relatively new to the field of magnetics, the company is a well-established manufacturer […]

Materials/Manufacturing

Phoenix Tailings Opens Rare Earth Metallization Facility 

February 3, 2026 Editorial Staff Comments Off on 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

January 29, 2026 Editorial Staff Comments Off on 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 

January 22, 2026 Editorial Staff Comments Off on 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 […]