Materials/Manufacturing

Zhaobao Building New Factory to Boost Neodymium Magnet Production 

Targeting to boost its production capacity of sintered neodymium magnets to 8,000 tons per year, Zhaobao Magnet of Ningbo, China is building a large new factory with plans to go onstream next year. Formally known as Ningbo Zhaobao Magnet Co., Ltd., the company is one of China’s highest-volume magnet manufacturers.  […]

Materials/Manufacturing

Gasbarre Products Builds the First Magnet Powder Presses to Produce Neodymium Permanent Magnets in the United States

With high magnet costs imposed by China, the United States is being forced to start its production of rare-earth magnets demanding the use of different equipment to manufacture them for different applications and technologies. Within the magnet manufacturing process, there is an important process that requires compacting or pressing the magnet powder to get the final magnets. […]

e-Power Technology

Faulhaber Drives for Speed & Precision in Intralogistics 

Competitive intralogistics requires extensive automation, something that is inconceivable without micromotors. Drive systems from Faulhaber, equipped with neodymium magnet DC motors and magnetic incremental encoders, prove their ability to perform during sorting, transporting and with robotics. […]

Magnetics/Assemblies

Kollmorgen Servo Motor for Washdown Applications & Wet Environments Features Advanced Magnetic Designs 

Kollmorgen, a leader in high-performance motion control systems, has launched the AKMA servo motor built specifically for durability, cleanability and versatility. The motor employs a hardened anodized aluminum surface to offer machine designers a cost-effective […]

Materials/Manufacturing

Neo Performance Materials: Names New President; Acquires SG Technologies in UK, and Rare Earths Exploration License in Greenland 

Neo Performance Materials, considered a bellwether of the permanent magnetics industry, has named a new president in concert with the upcoming retirement of its CEO and long-time leader Constantine Karayannopoulos and, in rapid succession, recently consummated two deals that further its mines-to-magnets vertical integration strategy:

By acquiring SG Technologies Group Ltd (SGTec) in the UK, Neo moved further up the value chain and expands its specialty manufacturing footprint in Europe to better serve rapidly growing magnet demand from the electric vehicles, electronics and clean energy industries.

In Greenland, it progressed another step in developing its own rare earths mine as the government approved transfer of an exploration license from Hudson Resources of Canada, clearing the way for Neo to acquire it. […]