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. […]
As the world recovers from the Covid-19 pandemic, it can be worthwhile to reflect on how a particular magnetic alloy made a positive impact in the battle. At its peak, the pandemic posed unanticipated challenge […]
Whitmor/Wirenetics, a long-time distributor of magnet wire based in Valencia, California, is now part of the FDH Aero organization through its acquisition of BJG Electronics Group. A global provider of supply chain solutions for the […]
Amidst rising demand for rare earth minerals to supply magnets for manufacturers of motors for electric vehicles and for wind turbines, Japan has committed another AUDS$200 million to Australian producer Lynas Rare Earths for a favored supply chain. The latest tranche, worth about US $135 million, brings total commitment up to about US$400 million. […]
MP Materials and Sumitomo Corporation have forged a rare earths supply agreement which they say will diversify and strengthen rare earth supplies in Japan. Under the agreement, announced February 21, Sumitomo will serve as the exclusive distributor of NdPr oxide produced by MP Materials to Japanese customers. Further, the companies will collaborate on the supply of rare earth metals and other products. […]
Leveraging the roots of electrical steel laminations company Tempel Steel, acquired by Worthington Industries a year and a half ago, plans are in the works at Worthington to spin off a new separate steel processing […]
By Nicole Heins, Senior Conference Producer for Space Tech Expo USA […]
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