Materials/Manufacturing

JLMAG Forays Into Market for Flexible Magnets 

JL Mag Rare-Earth Company, a leading producer of multiple types of magnets based in Ganzhou, Jianxi, China, has established a Rubber Soft Magnetic Division with aims to grow into becoming one of the main suppliers of flexible magnets globally in several years. The move is part of a diversification strategy to capture more business involving magnetic materials with its automotive clientele while breaking into new markets for an expanded product line. […]

Materials/Manufacturing

Niron Sets Path to Establish Manufacturing of Rare Earth-Free Magnets 

Planning to be operational in 2027 at a 190,000-square-foot manufacturing plant now under construction in Minnesota, Niron Magnetics is striding forward on several fronts aimed at establishing commercial-level production of its rare earth-free magnets. It has plans for a second facility producing 10,000 tons annually in 2029. The company has attracted over $300 million in investments from commercial partners including Stellantis, General Motors, and Samsung.  […]

Materials/Manufacturing

DOE Pledges $60M for Research to Secure Domestic Critical Mineral Supply & Strengthen Magnet Manufacturing  

The U.S. Department of Energy Advanced Research Projects Agency–Energy (ARPA-E) has announced up to $60 million in funding for two new technology programs to secure and expand America’s critical minerals supply chain, strengthen domestic magnet […]