Electric vehicles are gradually becoming one of the largest "consumers" of NdFeB magnet production - mostly for electric motors (although not all types of traction motors utilizes magnets). According ...
Rockville, MD , Sept. 17, 2024 (GLOBE NEWSWIRE) -- The NdFeB Magnets Market is expected to grow from US$ 2,144.2 million in 2024 to US$ 4,586.6 million in 2034. Fact. MR’s extensive study shows that ...
In a recent report, analyst Roskill forecasted that the market share of neodymium-iron-boron or NdFeB-based rare earths will grow to 38% of total demand by 2029. The rise is explained by the fact ...
For decades, permanent magnets have been one of the least questioned links in the electrification supply chain.
Rare earth (RE) magnets have revolutionised the properties and applications of permanent magnets. They offer many advantages, and have drastically increased flux compared to traditional magnets with ...
A neodymium magnet is also known as NdFeB, NIB or Neo magnet is the most widely used type of rare-earth magnet. It is a permanent magnet made from an alloy of neodymium, iron, and boron and used in ...
CoTec Holdings Corp. and Mkango Resources Ltd. recently have announced the result of an independent feasibility study for HyProMag USA LLC on the development of a rare earth magnet recycling and ...
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MP Materials accelerates U.S. supply chain integration, signals NdFeB magnet production by year-end 2025
CEO James Litinsky described the third quarter as "a game changer, a total acceleration of MP as a vertically integrated national champion with a transformed economic platform for long-term leadership ...
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