e-Power Technology

Korean Steelmaker POSCO Establishes ‘China Excluded’ Supply Chain for Rare Earth Magnets in Big Expansion for EV Drivetrain Components 

Holding big new orders from automakers for permanent magnets and planning to build a globally integrated enterprise for magnet and motor component manufacturing, Korean steelmaker Posco International announced on March 18 that it has successfully […]

Materials/Manufacturing

AML Progresses with Development of PM-Wire Magnets, Makes Supply-Investment Deal with Recycler ReElement Technologies 

Advanced Magnet Lab is progressing with the development toward commercial manufacturing of its PM-Wire magnets, having received a new patent related to its “powder-in-tube” process for manufacturing them and, separately, forging an expanded business relationship […]

e-Power Technology

BMW’s Most Powerful e-Propulsion Skips Rare-Earth Magnets in the Rotor 

BMW is introducing its most powerful all-electric models yet, employing a new propulsion system design that does without rare-earth magnets in the rotor and doubles the number of excitation windings in the stator. Producing the highest output ever for an all-electric car from the BMW Group, the BMW i7 M70 xDrive marks another milestone for BMW in its electric mobility transformation becoming the company’s third performance model to have an all-electric drive system as represented in the new BMW 7 Series range.  […]

Materials/Manufacturing

Mkango to Acquire HyProMag, Aims for Magnet Recycling Plants in UK, Germany and USA 

Mkango Resources is paying up with the help of a new partner up to acquire full control of pioneering British magnet recycler HyProMag. The companies plan to build a plant in the U.S. next, rolling out further HyProMag’s technology for processing of magnet scrap using hydrogen, developed at the University of Birmingham. First production using the process is targeted for the UK this year, Germany in 2024 and the U.S. to follow as the Vancouver-based minerals company continues to pursue development of its Songwe Hill rare earths property in Africa. […]