Victimized by the global pandemic, business dropped 23% in the first six months of this year for the Neo Magnequench business unit of Neo Performance Materials, widely considered a bellwether of the magnetic materials industry. Revenues for Magnequench dropped to $68.8 million from $89 […]
Using Neodymium magnets and axial flux motor designs, electric motor developer Torqeedo of Germany is powering through a flurry of innovations to become one of the world’s leading manufacturers bent on electrifying marine mobility. At the same […]
Itching for a piece of the action in a neodymium mining venture? Head for Angola or, more precisely, to the London Stock Exchange where you can buy shares of Pensana Rare Earths Plc, stock symbol PRE.L. It’s a […]
Led by a decline in volume and revenues from its Magnequench magnetic materials segment, Neo Performance Materials saw revenues fall 10.3% in 2019, as the company reported in its year-end financials in March. Yet the company posted […]
Neo Performance Materials reports a 21% drop in revenues and a 10% volume drop for its Magnequench business unit over the nine months ending September 30. Considered a bellweather for the market in rare-earth magnetic […]
Hitachi Metals reported a 16% drop in its revenues from magnetic materials and applications for the first half of its current fiscal year, citing weakening demand in all its major markets including industrial equipment, electronics […]
A recent study by Persistence Market Research estimates that the global metal powder market is expected to witness steady growth from 2018 to 2028, owing to significant growth of the automotive, aerospace, and manufacturing industries in developing and developed regions. The […]
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