The BMW Startup Garage and Munich-based company DeepDrive are set to road-test a revolutionary permanent-magnet electric motor. The concept features dual rotor technology and is expected to enable super-efficient, powerful drives that offer plenty of […]
Two efforts to build a supply chain in Europe for rare earth resources and magnets are bringing together a cluster of industry and academic players spanning the continent — and reaching even to Beatrice, Nebraska in the USA for processing ore samples from an idyllic field in Norway. Among entities linked to the projects are research technology development firm RTD Talos in Cyprus, research institute SINTEF in Norway, along with REE Minerals in Norway and American processing firm Rare Earth Salts in Nebraska. […]
Neo Performance Materials has agreed with Meteoric Resources for offtake of 3,000 metric tons of total rare earth oxide per year from Meteoric’s Caldeira Project in Minas Gerais, Brazil to supply Neo’s magnet manufacturing plant in Estonia. […]
Cyclic Materials, a startup advanced metals recycling company in Canada intent on building a circular supply chain for rare earth elements (REEs) and other critical metals, has expanded its operations to accept two new feedstock […]
Spurred by the global growh of automakers Hyundai and Kia, and now riding alongside Korean steel maker Posco International, Star Group of Korea is rising in prominence as a leading magnet manufacturer in Asia – […]
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 […]
Weak prices for rare earths have hit American producer MP Materials recently, reporting in its latest financials a 51% drop in prices for the rare earth oxides (REO) that it mines near Las Vegas, Nevada. […]
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