Materials/Manufacturing

Proterial New Name for Hitachi Metals, as It Proposes Ferrite Magnets for EV Motors  

Flush on the closing of its acquisition by an investment consortium, Hitachi Metals tomorrow becomes Proterial as it positions for its NMF 15 ferrite magnets to become an alternative to the industry-standard neodymium magnetic material for electric vehicle traction motors. […]

Materials/Manufacturing

Neo Performance Materials Seeks Rare Earths Lode in Greenland 

Neo Performance Materials has made a binding agreement with Hudson Resources to acquire an exploration license covering Hudson’s rare earth property in Greenland. The investment represents a key step in Neo’s mines-to-magnet vertical integration strategy and its plans to expand into rare earth permanent magnet manufacturing in Estonia. […]