Materials/Manufacturing

Magnets for Army Drones Mark 10th American Military Contract for Vulcan Elements

DURHAM, N.C., September 23, 2026 – Marking its tenth U.S. Department of War contract, Vulcan Elements announced its competitive selection by the U.S. Army to supply high-performance neodymium iron boron magnets for the Army’s drone initiative to produce small unmanned aircraft systems. The initiative is the Army’s vertically-integrated effort to produce small drones that aims to produce one million drones per year in the United States, at the Tobyhanna Army Depot in Pennsylvania. […]

Materials/Manufacturing

Vulcan Elements and Ucore Join Forces to Build Domestic Rare Earth Magnet Supply Chain; Follows $1.4 Billion Defense Deal 

March 24, 2026 – Durham, North Carolina – Vulcan Elements and Ucore Rare Materials have executed a Memorandum of Understanding with Ucore Rare Metals to collaborate on the development of an American domestic rare earth magnet supply chain for defense and […]

Magnetics/Assemblies

MIMplus Crafts Shaped Magnets Using Metal Injection Molding 

At metalcrafter MIMplus in Germany, a new focus is on producing powerful neodymium magnets in extraordinary shapes by using its expertise and extensive manufacturing capabilities in metal injection molding. While relatively new to the field of magnetics, the company is a well-established manufacturer […]

Materials/Manufacturing

MP Materials to Build “10X” Magnet Manufacturing Campus in Texas; Disengages Business Dealings in China 

February 26, 2026 — MP Materials Corp. today announced it has selected a 120acre site in Northlake, Texas, to develop “10X,” the company’s planned large-scale rare earth magnet manufacturing campus. Located less than 10 miles from its Independence facility in Fort Worth, the new campus will cement North Texas as the center of gravity for the United States’ rare earth magnet supply chain, says the company. […]