Rare Earth

Materials/Manufacturing

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

April 3, 2025 Editorial Staff 0

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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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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