Business looks spectacular at MP Materials, the largest rare earth materials producer in the Western Hemisphere. In its most recent quarter, revenue doubled to $42.2 million compared to the same period a year ago, while for the […]
Neo Performance Materials reports a sharp rebound in business as automotive and industrial markets that it serves bounce back from the Covid-19 slump. Considered a bellwether of the magnetics industry, the company released on March 22 its financial […]
The U.S. Department of Defense wants to see bags of processed rare earth sitting on domestic soil, feeding the production of neodymium magnets in a politically secure supply chain. Its latest move toward the objective came in February when Australian-based Lynas Rare Earths Ltd, the largest rare earth element mining and processing company outside of China, was awarded a technology investment contract by DoD to build a rare earths processing plant in Texas. […]
Neo Performance Materials and Energy Fuels Inc. are joining forces in a major new rare earth production initiative spanning European and North American critical material supply chains. The initiative will produce value-added rare earth products from natural monazite sands, a byproduct of […]
While still a long way from operation, more pieces of the puzzle are coming together for Ucore Rare Metals in its pursuit to establish both production and processing of ore from its Bokan Mountain property […]
Developing new technology for separations of rare earth materials are a focus of new projects funded by the U.S. Department of Energy for several scientific research programs. Finding alternative materials was also an objective in $20 million of […]
A team of scientists, led by the University of Leeds in the UK, made a breakthrough recently in a new advanced material which may eventually be an alternative to rare-earth-based permanent magnets. The researchers have developed a hybrid film from […]
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