Pensana Selects Site for Rare Earth Processing Facility in UK

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 […]


Neo Performance Materials Reports 23% Decline in Magnequench Business Due to Pandemic; SAMAG Acquisition Doing Well, says New CEO

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 […]


Torqeedo Powers Through the Boat Market While Leading Diesel Engine Maker Deutz in Electrification Strategy

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 […]