Materials/Manufacturing

Mkango to Acquire Heraeus Remloy Magnet Recycling Plant in Germany, Builds Momentum via Subsidiary HyProMag in UK 

Mkango Resources has signed an asset purchase agreement with metals company Heraeus to acquire its startup Remloy rare earth magnet recycling business in Germany for $9.4 million with plans to link it to Mkango’s subsidiary HyProMag which just opened its own magnet recycling plant in the country. Meanwhile, the company reports other significant new technical and business developments at HyProMag, which is based in Birmingham in the UK. […]

Materials/Manufacturing

Energy Fuels to Acquire VAC for $1.9 Billion 

June 23, 2026 - Energy Fuels Inc today announced a definitive agreement to acquire 100% of Vacuumschmelze and their respective consolidated subsidiaries (collectively, “VAC”) from Ara Partners for a total cash-and-stock consideration of approximately $1.9 billion based on Energy Fuels’ closing […]

Materials/Manufacturing

Baiqida Focuses on AI to Advance Magnet Production Machinery & International Patents to Pursue Global Market 

Hydrogen decrepitation is a crucial, energy-efficient process for manufacturing Neodymium magnets, using hydrogen to break down sintered alloy ingots into fine powder by targeting grain boundaries, avoiding intensive mechanical crushing. It can improve production efficiency by 25% and enable sustainable, […]

Materials/Manufacturing

Energy Fuels Marks Milestones in Production of Domestic Feedstock for Magnets in USA, Plans Expansions 

Minerals producer Energy Fuels, now led by a new CEO, reports it has reached a new milestone in its quest to become a major American producer of rare earth oxides for magnet manufacturing. The company has successfully produced its first kilogram of terbium (Tb) oxide at its White Mesa Mill in Utah. Using monazite ore sourced from the southern United States, the team achieved a purity of 99.9% Tb at pilot scale, which meets the specifications of global manufacturers of rare earth permanent magnets. […]

Materials/Manufacturing

Vulcan Elements and Ucore Join Forces to Build Domestic Rare Earth Magnet Supply Chain; Follows $1.4 Billion Defense Deal 

March 24, 2026 – Durham, North Carolina – Vulcan Elements and Ucore Rare Materials have executed a Memorandum of Understanding with Ucore Rare Metals to collaborate on the development of an American domestic rare earth magnet supply chain for defense and […]

Materials/Manufacturing

MP Materials to Build “10X” Magnet Manufacturing Campus in Texas; Disengages Business Dealings in China 

February 26, 2026 — MP Materials Corp. today announced it has selected a 120acre site in Northlake, Texas, to develop “10X,” the company’s planned large-scale rare earth magnet manufacturing campus. Located less than 10 miles from its Independence facility in Fort Worth, the new campus will cement North Texas as the center of gravity for the United States’ rare earth magnet supply chain, says the company. […]