Get an inside look at the engineering behind the innovative P-12 taxi hydrofoil straight from the team of Candela Technology in Stockholm who built it. To mark six months of successful operation in the Scandinavian […]
Mark Senti, a technology visionary and trendsetter of the permanent magnet industry passed away suddenly on January 11, 2025. Mark was CEO and co-founder of Advanced Magnet Lab (AML) headquartered in Melbourne, Florida, and was […]
A UK-based manufacturer specialising in rare earth metals and complex alloy systems has chosen France to further develop partnerships and facilitate a Western World supply chain. […]
Neo Performance Materials Inc. recently announced that its new permanent magnet facility in Estonia has shipped sintered magnet samples for a Tier 1 traction motor customer meeting specific magnetic properties. This milestone marks a significant step forward in Neo’s commitment to providing high-performance materials for the electric vehicle market. […]
April 23, 205 – Cyclic Materials, the advanced recycling company creating a circular supply chain for rare earth elements (REEs) and other critical materials, today announced it has invested over $20 million in its first commercial facility, located in Mesa, Arizona. The new state-of-the-art facility will be the company’s first global rare earth element recycling operation focused on the separation of permanent magnets from end-of-life products previously not recovered, using its proprietary MagCycle process. […]
Battery-less magnetic encoders have been added as a key feature in a new series of AC servo motors from Nidec Instruments. Manufactured in-house, the absolute encoders eliminate the need for a backup battery to enable […]
Neo Performance Materials reported strong profit increases in its full-year financial report for 2024, issued March 18. Highlights for its Neo Magnequench unit included a solid gain in earnings despite lower revenues, and continued progress in the construction of its new permanent magnet plant in Europe. In a separate announcement, the company reported on April 1 that as part of a corporate streamlining effort it completed the sale of most of its interest in a rare earth separations operation in China for about $28 million to an affiliate of Shenghe Resources. […]
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