Materials/Manufacturing

Now Investor-Owned, VAC to Build Big Magnet Factory in South Carolina 

Vacuumschmelze, one of the world’s leading producers of magnetic materials and products has announced it will build a major new magnet factory in South Carolina that will supply domestically produced magnets in the USA. The move comes shortly after the company, based in Hanau, Germany, was acquired by investment group Ara Partners in October.  […]

Materials/Manufacturing

DoD Strengthens Support for Lynas U.S. Facility

Lynas Rare Earths Ltd has announced that wholly owned subsidiary Lynas USA LLC has signed a follow on contract with the United States (U.S.) Department of Defense (DoD) for the construction of the Heavy Rare Earths component of the Lynas U.S. Rare Earths Processing Facility in Texas. […]

Materials/Manufacturing

Quadrant Magnetics Indicted on Federal Charges Related to Documents & Prohibited Chinese-Origin Materials for Military Contracts 

The U.S. Department of Justice has issued an indictment against Quadrant Magnetics LLC and three individuals who have been arrested for allegedly sending to China technical data drawings related to U.S. military projects and then supplying the Department of Defense with prohibited Chinese-origin items. The indictment was unsealed November 9 following the arrest of three defendants and their initial appearances in the U.S. District Court in the Western District of Kentucky. […]

e-Power Technology

DoD Awards Lynas Rare Earths $120 Million to Build Processing Plant in USA 

The American subsidiary of Australian-based Lynas Rare Earths has been awarded a follow-on contract for approximately $120 million by the U.S. Department of Defense (DoD) to establish a first of its kind commercial heavy rare earths (HRE) separation facility in the United States.    […]