Noveon Magnetics, an operational U.S. manufacturer of sintered rare earth magnets, recently announced a long-term supply agreement with global technology leader ABB to provide high-performance NdFeB magnets for use in industrial motor applications. […]
USA Rare Earth plans to start up neodymium magnet production next year at its plant in Stillwater, Oklahoma and to be supplying it with rare earth feedstock mined at its own Round Rock property in Texas in late 2025 or early 2026, reports CEO Tom Schneberger to Magnetics Magazine. […]
JL Mag has fired up the sintering furnaces at Baotou, its second production location in China. The company is expecting to reach an output of 8,000 metric tons of high-grade neodymium magnets this year at […]
By Walter T. Benecki • Walter T. Benecki LLC It seems that the number one question in the magnet industry is, “What will be the trend in rare earth raw material prices next year?” Nobody […]
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