e-Power Technology

Conifer Raises $20M to Commercialize Magnet-Agnostic Motors & e-Powertrains 

Conifer, a Silicon Valley startup, has secured $20 million in seed funding to commercialize its magnet-agnostic electric motors and powertrains that are coupled with a software-driven manufacturing approach. Founded by repeat entrepreneurs and ex-Apple Special Projects Group and Lucid engineers, the company has spent the last two years developing and validating its technology with customers. It announced the successful funding in April. […]

Materials/Manufacturing

Aclara Resources Inaugurates Rare Earths Processing Plant in Brazil 

Aclara Resources has inaugurated its Carina Project heavy rare earths pilot plant in Aparecida de Goiania, Goias, Brazil. In concert with the company’s dedicated outreach to community and government, the ceremony was attended by key government authorities from the State of Goias, the Municipality of Nova Roma, and representatives from federal agencies and international embassies, along with other stakeholders.   […]

Materials/Manufacturing

MP Materials Signs Up to Help Build Rare Earth Mines-to-Magnets Supply Chain in Saudi Arabia; Also Accelerates Its Non-China Strategy 

5/14/2025 – RIYADH, Saudi Arabia– Saudi Arabian Mining Company (Maaden) and MP Materials jointly announced today they have agreed to explore opportunities to jointly develop a vertically integrated rare earth supply chain in Saudi Arabia including […]

Materials/Manufacturing

Neo Performance Materials Ships First Magnet Samples Produced at New European Facility to its Tier 1 Traction Motor Customer

Neo Performance Materials Inc. recently announced that its new permanent magnet facility in Estonia has shipped sintered magnet samples for a Tier 1 traction motor customer meeting specific magnetic properties. This milestone marks a significant step forward in Neo’s commitment to providing high-performance materials for the electric vehicle market. […]

Magnetics/Assemblies

Multi-Alloy Magnet from LG Innotek Rivals HRE Magnets, Next Step Seeks to Eliminate Even Light Rare Earths   

Bolstered by its development of a high-performance magnet without any heavy rare earth (HRE) metals,

LG Innotek is zeroing in its R&D sights on what it sees as the next step in the advancement of eco-friendly magnets – development of a commercially viable magnet devoid of any rare earths that is comparable in performance to those based on rare earth elements. It’s a technology development path which the company has been pursuing relentlessly and has generated a string of progressive breakthroughs in recent years. […]

Materials/Manufacturing

Mistrial Declared in Federal Case Against Quadrant Magnetics 

More than two years after the federal government charged Quadrant Magnetics related to sharing product design information with affiliate contacts in China, a mistrial has been declared at the U.S. District Court in Louisville, Kentucky in the government’s case against the company. According to a report in the Louisville Courier Journal on March 19, it’s the latest twist in the high-profile case centered around confidential U.S. military data allegedly sent to China by company officials. The case is now in limbo, prosecutors could retry it, with a jury trial tentatively set to begin in late May.   […]