Niron Magnetics, the upstart developer of high-performance rare-earth-free iron nitride permanent magnets, is blazing an enterprising path as it builds fresh alliances toward scaling up for rapid growth. Fresh moves from the Minneapolis-based company include: […]
Planning to build the first industrial-scale heavy rare earths (HREE) separation facility for producing magnetic alloys in the United States, Aclara Resources now has teamed up with Argonne National Laboratory to develop an artificial intelligence–enabled digital twin for its separation process. Under the agreement, Aclara and […]
Phoenix Tailings has opened one of the first rare earth metallization facilities in the USA with zero reliance on Chinese inputs, equipment or technology. Located in Exeter, New Hampshire, initially the plant will produce 200 tons of both light and heavy rare earth metals each year, with the capacity to scale to more than 1,000 tons per year. That capacity would be able to supply the entire U.S. defense industrial base, says the company. […]
Canadian minerals exploration company Ucore Rare Metals aims to become a commercial processor of heavy rare earths in Louisiana in 2026 […]
In a flurry of recent deals, USA Rare Earth has completed its $100 million-plus acquisition of Less Common Metals in the UK while simultaneously leveraging the purchase through important supply transactions involving Arnold Magnetic Technologies and Permag in the […]
Noveon Magnetics, a manufacturer of sintered NdFeB rare earth, has recently secured several supply and manufacturing agreements in Asia, Europe and Australia. Beginning in November, 2025, Noveon Magnetics signed a memorandum of understanding with Kangwon […]
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. […]
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