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 […]
Aiming to become a vertically integrated mine-to-magnet producer, Australian Strategic Materials reports that it is now steadily manufacturing neodymium metal and alloy at its new Korea Metals Plant, while making progress in the development of its rare earths mine site in Australia. […]
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. […]
Featuring powerful new motors of a permanent magnet synchronous design, Swedish automaker Polestar is rapidly expanding its production of electric vehicle models with high power output and speedy performance. Begun as an auto racing engineering enterprise, the company’s approach is to focus on exceptional design for high performance while conducting manufacturing through the facilities of others and focusing on overall sustainability — including use of recycled magnets. […]
Advanced Magnet Lab is progressing with the development toward commercial manufacturing of its PM-Wire magnets, having received a new patent related to its “powder-in-tube” process for manufacturing them and, separately, forging an expanded business relationship […]
A torrent of financing commitments and infrastructure development are centered around Hastings Technology Metals of Perth, Australia as it builds toward the start of production in early 2025 at its Yangibana Rare Earths Project in remote Western Australia. […]
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