Combining the performance of synchronous permanent magnet technology and advanced smart system connectivity, Nidec Leroy-Somer is drawing the attention of engineers conscious about energy efficiency with its Dyneo induction motors for industrial applications. Designed for pairing with variable […]
Vacuumschmelze has recently made important advancements in its capabilities for producing permanent magnetic material and components. In April, the company achieved certification to aerospace and defense standards for its permanent magnets, adding to its longstanding […]
Neo Performance Materials, considered a bellwether for the health of the magnetics industry and market, rebounded strongly from the Covid-19 slump in the most recent quarter with a gain of 44% in revenue over the […]
Business looks spectacular at MP Materials, the largest rare earth materials producer in the Western Hemisphere. In its most recent quarter, revenue doubled to $42.2 million compared to the same period a year ago, while for the […]
Neo Performance Materials reports a sharp rebound in business as automotive and industrial markets that it serves bounce back from the Covid-19 slump. Considered a bellwether of the magnetics industry, the company released on March 22 its financial […]
The U.S. Department of Defense wants to see bags of processed rare earth sitting on domestic soil, feeding the production of neodymium magnets in a politically secure supply chain. Its latest move toward the objective came in February when Australian-based Lynas Rare Earths Ltd, the largest rare earth element mining and processing company outside of China, was awarded a technology investment contract by DoD to build a rare earths processing plant in Texas. […]
Neo Performance Materials and Energy Fuels Inc. are joining forces in a major new rare earth production initiative spanning European and North American critical material supply chains. The initiative will produce value-added rare earth products from natural monazite sands, a byproduct of […]
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