Materials/Manufacturing

Neo Awarded Grant for Rare Earth Magnet Plant in Estonia; Reports Prices Down from Record Highs but High Demand 

Despite prices for magnetic materials dropping recently from record highs, the outlook is strong for Neo Performance Materials’ plan to build a 100-million Euro rare earth magnet plant in Estonia. It recently received a sizeable government grant to support the effort, while higher-than-expected future demand is driving the company to consider expanding the plant’s capacity. […]

Electromagnetics

Tech Tips: Designing Magnetic Latches to Keep Electronics Secured 

Do you know that permanent magnets are behind the action for your detachable keyboard, the pencil that attaches to your tablet, and the wireless charging pad that attaches to your phone? Smart screen covers for phones, tablets, magnetically latching wall-mount security cameras and countless electronic devices in day-to-day life rely on permanent magnets for providing the magnetic attaching mechanism.  […]

e-Power Technology

Schaeffler Unveils 4in1 Electric Axle, Builds e-Manufacturing Capability 

Focused on evolving from traditional powertrain technology to electric mobility, German motion specialist Schaeffler AG is simultaneously launching several new electric axle drives while also expanding its R&D and manufacturing operations to support product and business growth in electric vehicle technology. […]

e-Power Technology

Grundfos E-Motors Electrify Pumping Systems with Energy Efficiency  

Using motors designed and produced in-house, global pump manufacturer Grundfos is bringing new energy efficiency and capabilities to pumping systems for a broad range of applications, many of which were once were the domain of hydraulic technology. Its MGE E-motors — permanent magnet synchronous motors (PMSM) designed especially for frequency converter operations and optimized for pump applications and high part-load efficiency — are the company’s most energy efficient yet.  […]

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. […]