A magnet is an important part of devices like smartphones, automobiles, and many more. Most of these magnets are made using rare-earth materials, which are expensive and scarce on the market. Also, ...
SUMTER COUNTY, S.C. — Less than two years after breaking ground, eVAC Magnetics turned a soybean field into a manufacturing facility and has shipped its first rare-earth permanent magnets for ...
Editor’s note: This story has been updated to correct the amount of the loan to ReElement Technologies, which is $80 million. The Trump administration is putting nearly $750 million toward a deal to ...
LS C&S holds “full-scale” investment discussions with Commonwealth of Virginia. South Korean cable and electrical equipment manufacturer LS Cable & System Ltd (LS) announced that it is looking to ...
MP Materials has chosen Northlake, Texas, for its $1.25 billion rare earth magnet factory as the U.S. rushes to secure domestic supplies of critical minerals.