A €4m research and development program to develop a lower cost, more efficient and power dense permanent magnet e-motor for electric vehicles is being funded by the European Community. Inspired by ambitious sustainability objectives, the […]
BMW is introducing its most powerful all-electric models yet, employing a new propulsion system design that does without rare-earth magnets in the rotor and doubles the number of excitation windings in the stator. Producing the highest output ever for an all-electric car from the BMW Group, the BMW i7 M70 xDrive marks another milestone for BMW in its electric mobility transformation becoming the company’s third performance model to have an all-electric drive system as represented in the new BMW 7 Series range. […]
USA Rare Earth plans to start up neodymium magnet production next year at its plant in Stillwater, Oklahoma and to be supplying it with rare earth feedstock mined at its own Round Rock property in Texas in late 2025 or early 2026, reports CEO Tom Schneberger to Magnetics Magazine. […]
Mkango Resources is paying up with the help of a new partner up to acquire full control of pioneering British magnet recycler HyProMag. The companies plan to build a plant in the U.S. next, rolling out further HyProMag’s technology for processing of magnet scrap using hydrogen, developed at the University of Birmingham. First production using the process is targeted for the UK this year, Germany in 2024 and the U.S. to follow as the Vancouver-based minerals company continues to pursue development of its Songwe Hill rare earths property in Africa. […]
Geomega Resources, a Canadian developer of clean and alternative technologies for the extraction, refining and recycling of rare earths and other critical materials, has decided to consolidate its operations into a single, larger location in […]
Anchor Magnets, a UK-based developer and distributor of innovative flexible magnet products, has introduced its latest product, “supramag ULTRA” magnetic sheet. It is up-to 50% stronger, 40% lighter, and 40% thinner at 0.45mm magnet thickness […]
Global chemicals giant Solvay has joined the Rare Earth Industry Association in its latest move to dramatically build its magnetics business. Planning to develop a major hub for rare earth magnets in Europe, the Belgian-based company has been beefing up its supply chain in addition to the latest step toward building its network of industry partners and potential customers. […]
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