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 […]
Pensana Rare Earths has selected the Saltend Chemicals Park in England as the site for its proposed rare earth processing facility as part of its venture to establish a sustainable magnet metal supply chain fed by its mine property in Angola. It would become one of only a few major producers […]
Seeking to build a domestic industrial base in the United States for producing rare earth magnets, the U.S. Department of Defense has been pouring money into a string of operations across the country. Fundings have gone recently […]
In the race to electrify transportation modes, developers of new motor and drive systems are keeping busy patent offices around the world. Among the leaders is Protean Electric, a UK-based developer of permanent magnet in-wheel […]
Just how hard has Covid-19 been on the magnetics industry and what lies ahead? In recent financial reporting, magnetics and electrical manufacturing industry companies have been quantifying their business declines during the pandemic and, in […]
Designed upon an induction platform rather than rare-earth magnets, ABB has come out with a new version of its long-popular synchronous reluctance motors for industrial use that are highly energy efficient, meeting the new IE5 […]
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 […]
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