Rare Earth

e-Power Technology

Cyclic Materials Raises $27M to Scale Recycling Technology, Links up with Solvay and Arnold 

April 25, 2023 Editorial Staff Comments Off on Cyclic Materials Raises $27M to Scale Recycling Technology, Links up with Solvay and Arnold 

Creating a Circular Supply Chain for Rare Earth Elements and Critical Materials

Cyclic Materials, a Canadian advanced metals recycling company focused on producing critical materials, today announced it has raised $27 million in an oversubscribed Series A financing. The money is flowing in quickly after accomplishing its first production run of rare earth magnetic material and forging a string of partnerships with magnetics industry notables. These include chemicals giant Solvay which is planning to build a major rare earths magnet operation in Europe, and Arnold Magnetic Technologies (see related article), among others. […]

e-Power Technology

Clariant Labs Target Processing Chemicals for Decarbonization Minerals and Mine Tailings 

April 20, 2023 Editorial Staff Comments Off on Clariant Labs Target Processing Chemicals for Decarbonization Minerals and Mine Tailings 

At new laboratories in the United Arab Emirates and in Brazil, global specialty chemicals company Clariant aims to develop improved solutions for processing decarbonization minerals and mines tailings. Rare earths for magnets and magnetic separations are important aspects of the new competence centers. Among the company’s core chemical products are catalysts and adsorbents used in fuel cells and hydrogen production.  […]

e-Power Technology

Japan Ponies Up Another AUDS$200 Million to Secure Rare Earths from Lynas 

March 21, 2023 Editorial Staff Comments Off on Japan Ponies Up Another AUDS$200 Million to Secure Rare Earths from Lynas 

Amidst rising demand for rare earth minerals to supply magnets for manufacturers of motors for electric vehicles and for wind turbines, Japan has committed another AUDS$200 million to Australian producer Lynas Rare Earths for a favored supply chain. The latest tranche, worth about US $135 million, brings total commitment up to about US$400 million.  […]

News

Superconducting Magnets Built by Tokamak Energy for Fusion Power

March 6, 2023 Editorial Staff Comments Off on Superconducting Magnets Built by Tokamak Energy for Fusion Power

Creating clean, sustainable fusion energy requires strong magnetic fields to confine and control the extremely hot, positively-charged hydrogen fuel, which becomes a plasma several times hotter than the sun. Now, Tokamak Energy in the UK has built a world-first set of new generation high temperature superconducting (HTS) magnets to be assembled and tested in fusion power plant scenarios. The magnets use HTS tape from Furukawa Electric and SuperPower, a New York-based affiliate in the Furukawa Electric Group. […]

e-Power Technology

Niron Magnetics Scales Up with New CEO & Key Managers 

February 27, 2023 Editorial Staff Comments Off on Niron Magnetics Scales Up with New CEO & Key Managers 

Niron Magnetics, the company pioneering the development of iron nitride magnets that are high-performance permanent magnets free of rare earths, is scaling up to evolve its company to become a significant player on the magnet market. One of its latest steps has been to appoint Jonathan Rowntree as new CEO. The leadership change and other key appointments represent a planned evolution of the company as it advances from a focus on development towards scaling, commercialization, and productization of its patented Clean Earth Magnet technology. […]