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 […]
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. […]
Arnold Magnetic Technologies, a global manufacturer of high-performance magnets and more for mission critical applications, has announced its partnership with Cyclic Materials, a pioneer in developing more sustainable domestic supply chains for rare earth elements. […]
Amid global rivalries and increasing demand for rare earth magnets, more precise, efficient grinding technology offers proactive manufacturers a competitive advantage. […]
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. […]
The automotive supplier MAHLE has developed a traction motor which is unique on the market and can run indefinitely with high performance. A new cooling concept makes this technological leap possible. […]
The global permanent magnet market is expected to grow about 12% annually and reach more than $46 billion in revenues in 2026, according to a new market research study. The analysts predict it will grow […]
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