Vulcan said Monday it will build and operate a 10,000-metric-ton magnet production facility in the U.S., while ReElement Technologies scales its recycling and refining of rare earth oxides from end-of ...
"This initiative is a major step toward building a more secure and sustainable rare earth supply chain," said Scott Dunn, CEO of Noveon Magnetics. "By partnering with Kangwon Energy to scale our ...
Noveon Magnetics, a San Marcos, Texas-based manufacturer of magnetic materials, has announced a strategic agreement with Kangwon Energy, a South Korean engineering company, and LG Electronics, a maker ...
Europe needs to take much more decisive action to slash reliance on Chinese rare earths to avert worse supply disruptions, according to a German magnet maker that’s just started a plant in the US.
A turbulent year of export restrictions and tariff threats has thrust the importance of magnet makers into the global spotlight. Rare earth magnets power everything from electric vehicles, wind ...
The investment in Texas-based Noveon comes as the U.S. pushes to develop domestic sources of a vital electronics component that China has under a chokehold.
Texas rare-earth magnet maker Noveon Magnetics has raised $215 million from investors as the U.S. pushes to develop domestic sources of a vital electronics component that China, the world’s largest ...
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