5/14/2025 – RIYADH, Saudi Arabia– Saudi Arabian Mining Company (Maaden) and MP Materials jointly announced today they have agreed to explore opportunities to jointly develop a vertically integrated rare earth supply chain in Saudi Arabia including […]
More than two years after the federal government charged Quadrant Magnetics related to sharing product design information with affiliate contacts in China, a mistrial has been declared at the U.S. District Court in Louisville, Kentucky in the government’s case against the company. According to a report in the Louisville Courier Journal on March 19, it’s the latest twist in the high-profile case centered around confidential U.S. military data allegedly sent to China by company officials. The case is now in limbo, prosecutors could retry it, with a jury trial tentatively set to begin in late May. […]
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. […]
Exports of rare earth magnets from China have become key targets in the growing tariffs war between the USA and China. The latest developments represent a dramatic escalation in the focus on magnetic rare earth materials – especially heavy rare earths — as a potent tool in trade policy, and have heightened attention globally to the issue of China’s dominance in the global supply chain. […]
Nidec Motor Corporation and Noveon Magnetics have made a 5-year, binding off-take agreement with the potential to supply more than 1,000 tons of total off-take of finished sintered NdFeB rare earth magnets to support Nidec’s […]
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.
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. […]
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