Swedish state-owned mining company LKAB has recently identified more than 1 million tons of rare earth oxides in the Kiruna area in the far north of the country. It is confirmed to be the largest […]
Flush on the closing of its acquisition by an investment consortium, Hitachi Metals tomorrow becomes Proterial as it positions for its NMF 15 ferrite magnets to become an alternative to the industry-standard neodymium magnetic material for electric vehicle traction motors. […]
Despite prices for magnetic materials dropping recently from record highs, the outlook is strong for Neo Performance Materials’ plan to build a 100-million Euro rare earth magnet plant in Estonia. It recently received a sizeable government grant to support the effort, while higher-than-expected future demand is driving the company to consider expanding the plant’s capacity. […]
The U.S. Department of Justice has issued an indictment against Quadrant Magnetics LLC and three individuals who have been arrested for allegedly sending to China technical data drawings related to U.S. military projects and then supplying the Department of Defense with prohibited Chinese-origin items. The indictment was unsealed November 9 following the arrest of three defendants and their initial appearances in the U.S. District Court in the Western District of Kentucky. […]
Two-thirds of the magnetic element in a new hybrid wet drum separator from Eriez are rare-earth magnets, helping the equipment achieve markedly new levels of performance for industrial separations. Developed to enhance magnetic recovery in […]
Neo Performance Materials has made a binding agreement with Hudson Resources to acquire an exploration license covering Hudson’s rare earth property in Greenland. The investment represents a key step in Neo’s mines-to-magnet vertical integration strategy and its plans to expand into rare earth permanent magnet manufacturing in Estonia. […]
Using its molded MagFine alloy, Aichi Steel reports that it has developed in collaboration with Tohoku University an experimental e-axle that is 40% lighter and smaller than conventional designs. It combines a newly developed compact high-speed reducer with a compact and lightweight 34,000 rpm motor. For the first time, says the company, it has succeeded in proofing the technology of a high-speed, high-reduction next-generation electric axle with high-speed rotation and high deceleration that contributes to weight reduction. […]
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