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 […]
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. […]
JL Mag has fired up the sintering furnaces at Baotou, its second production location in China. The company is expecting to reach an output of 8,000 metric tons of high-grade neodymium magnets this year at […]
MyP Magnetica Italiana, a producer of flexible magnets and distributor of magnet products, reports that it is planning to expand internationally with the establishment of a new operations and commercial headquarters in Brazil. Based in […]
Amidst skyrocketing prices for neodymium rare earths, with $30 million in new funding from the Australian government, and with South Korea stepping up to position itself as a favored buyer, Arafura Resources is gaining momentum […]
Swiss motor manufacturer Portescap has opened a new engineering laboratory in India and, separately, has developed a new high-speed motor with a specialized coil design for enhancing magnetic flux. The new laboratory at its Mumbai […]
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