Materials/Manufacturing

Niron Sets Path to Establish Manufacturing of Rare Earth-Free Magnets 

Planning to be operational in 2027 at a 190,000-square-foot manufacturing plant now under construction in Minnesota, Niron Magnetics is striding forward on several fronts aimed at establishing commercial-level production of its rare earth-free magnets. It has plans for a second facility producing 10,000 tons annually in 2029. The company has attracted over $300 million in investments from commercial partners including Stellantis, General Motors, and Samsung.  […]

Materials/Manufacturing

DOE Pledges $60M for Research to Secure Domestic Critical Mineral Supply & Strengthen Magnet Manufacturing  

The U.S. Department of Energy Advanced Research Projects Agency–Energy (ARPA-E) has announced up to $60 million in funding for two new technology programs to secure and expand America’s critical minerals supply chain, strengthen domestic magnet […]

Materials/Manufacturing

Australian Strategic Materials Raises $55M to Double Alloy Production & Advance Growth Plans 

October 20, 2025 – Australian Strategic Minerals (ASM) has raised $55 million in new investment funding to support several growth initiatives in its mines-to-metals strategy:  “This strongly supported Placement reflects growing global recognition of ASM’s […]

Magnetics/Assemblies

New Leadership at Arnold Magnetics  

Two top leadership changes are in place at Arnold Magnetic Technologies Corporation, a leading global manufacturer of high-performance electric motors, magnets and thin metals. Matthew Blake has been named Chief Executive Officer and a member of the board of directors, and Brian Prodin has become Chief Operating Officer. Blake’s appointment was announced by Compass Diversified Holdings, the owner of Arnold Magnetics which is among its portfolio of middle market branded consumer and industrial businesses.  […]

Materials/Manufacturing

Permag Doubles Capacity for Samarium Cobalt Magnet Manufacturing at Electron Energy Facility 

Permag, the only US-based producer of samarium cobalt magnets, is making an aggressive expansion of its manufacturing capacity at the Lancaster, Pennsylvania facility of group member Electron Energy Corporation, enabling it to boost the domestic […]