MP Materials Corp. announced it has partnered with the U.S. Department of War to establish a strategic joint venture with the Saudi Arabian Mining Company, Maaden, Saudi Arabia’s flagship mining company, to develop a rare earth refinery in the Kingdom. […]
Noveon Magnetics, an operational U.S. manufacturer of sintered rare earth magnets, recently announced a long-term supply agreement with global technology leader ABB to provide high-performance NdFeB magnets for use in industrial motor applications. […]
MP Materials Corp. has announced it has entered into a transformational public-private partnership with the United States Department of Defense to dramatically accelerate the build-out of an end-to-end U.S. rare earth magnet supply chain and reduce foreign dependency. […]
A UK-based manufacturer specialising in rare earth metals and complex alloy systems has chosen France to further develop partnerships and facilitate a Western World supply chain. […]
The EU, USA, Japan, and numerous other regions identify rare earth elements as critical materials due to growing supply risks and their increasing economic importance in the green transition. Although critical rare earth elements have diverse technology applications – including in lighting, catalysis, and batteries – permanent magnets have become central to rare earth supply and demand challenge […]
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