Recent declines in prices for rare earth magnetic materials are evident in the latest financial reports of leading producers, with the impact varying by their activities and positions in the market. This article deals with the quarterly reports for the three months ended June 30 which have been issued by three companies – MP Materials, Neo Performance Materials and Lynas Rare Earths. […]
A new industrial-scale rare earth oxides separation plant is scheduled to start up soon in Norway. Located in Heroya, the plant belongs to REEtec which has been operating a demonstration plant at the site since […]
Neo Performance Materials’ subsidiary in Estonia, NPM Narva, also known as Magnequench Sintered Magnets, is finalizing a contract award to supply sintered rare earth magnets to a leading European Tier 1 supplier of electric vehicle […]
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 […]
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