permanent magnet

Materials/Manufacturing

Cyclic Materials to Invest Over $20M in its First Magnet Recycling Plant in U.S. 

April 23, 2025 Editorial Staff Comments Off on Cyclic Materials to Invest Over $20M in its First Magnet Recycling Plant in U.S. 

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. […]

Materials/Manufacturing

Neo Reports Robust Performance, New Euro PM Plant Nearing Completion, China Operation Sold to Shenghe Resources 

April 3, 2025 Editorial Staff Comments Off on Neo Reports Robust Performance, New Euro PM Plant Nearing Completion, China Operation Sold to Shenghe Resources 

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. […]

Materials/Manufacturing

Heraeus Remloy Launches Recycling Plant for Neodymium Magnets in Europe 

March 7, 2025 Editorial Staff Comments Off on Heraeus Remloy Launches Recycling Plant for Neodymium Magnets in Europe 

Europe has a new buyer of scrap magnets and rare earth magnetic materials for recycling into freshly minted powders for producing high-quality magnets. Precious metals company Heraeus has begun production at what is now the continent’s largest recycling plant for rare earth magnets.

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Electromagnetics

Magnetron Leader CPI Electron Devices Now Part of TransDigm 

February 27, 2025 Editorial Staff Comments Off on Magnetron Leader CPI Electron Devices Now Part of TransDigm 

CPI Electron Device Businesss is the new name for one of the world’s largest producers of magnetrons and a prolific developer of electromagnetic systems for aerospace and defense markets, as a result of its acquisition by TransDigm from Communications & Power Industries. Before it was spun out from CPI in mid-2024 and acquired by TransDigm for about $1.385 billion, it was formerly the Electron Device Business of Varian Associates and has long been a global manufacturer of electronic components and subsystems including radio frequency and microwave products. Now CPI-EDB operates as one of the more than 50 companies owned by Transdigm which primarily provide aircraft components for commercial and military fleets around the world.  […]

Materials/Manufacturing

Less Common Metals Forges Technical Advancements in Magnetic Alloys 

February 24, 2025 Editorial Staff Comments Off on Less Common Metals Forges Technical Advancements in Magnetic Alloys 

Less Common Metals, a refiner and leading producer of rare earth metals and alloys in the Western world, continues to expand its technical capabilities with the addition of more process equipment at its headquarters in England, with a newly designed molten salt electrolysis cell and through an innovative collaborative effort on magnet recycling. This article highlights some of the recent developments. […]

Materials/Manufacturing

Aclara Resources Building Vertically Integrated Mines-to-Magnets Enterprise in the Americas 

February 18, 2025 Editorial Staff Comments Off on Aclara Resources Building Vertically Integrated Mines-to-Magnets Enterprise in the Americas 

Aclara Resources is set for a transformative year with several key milestones on the horizon, says CEO Ramon Barua, who recently updated Magnetics Magazine on the status of the company’s projects. The developing operations span multiple countries in the Americas including Brazil, Peru, Canada and the United States as it forges a fully integrated mines to magnets business that is decidedly devoid of China.
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