Rare Earth

e-Power Technology

BMW’s Most Powerful e-Propulsion Skips Rare-Earth Magnets in the Rotor 

August 29, 2023 Editorial Staff Comments Off on BMW’s Most Powerful e-Propulsion Skips Rare-Earth Magnets in the Rotor 

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.  […]

Materials/Manufacturing

Mkango to Acquire HyProMag, Aims for Magnet Recycling Plants in UK, Germany and USA 

June 29, 2023 Editorial Staff Comments Off on Mkango to Acquire HyProMag, Aims for Magnet Recycling Plants in UK, Germany and USA 

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. […]

Materials/Manufacturing

Solvay Builds Momentum to Grow Rare Earths Magnet Business in Europe 

May 17, 2023 Editorial Staff Comments Off on Solvay Builds Momentum to Grow Rare Earths Magnet Business in Europe 

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. […]

Materials/Manufacturing

Rare Earth Magnet Market Outlook: Demand for REOs to Increase Five-Fold by 2040, Outstripping Supply 

May 16, 2023 Editorial Staff Comments Off on Rare Earth Magnet Market Outlook: Demand for REOs to Increase Five-Fold by 2040, Outstripping Supply 

Adamas Intelligence has announced the publication of its latest annual report, “Rare Earth Magnet Market Outlook to 2040”. The report is a comprehensive deep dive into the global market for NdFeB permanent magnets and the […]