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Researchers at the University of Minnesota Twin Cities have made a promising breakthrough in memory technology by using a ...
China controls about 90% of the entire global supply of rare earth magnets, including their mining and refining. That means ...
Beijing’s 91% grip on materials vital to defence and electric vehicles is down to its scale, but also its lead in processing.
Under the agreement, Apple will purchase US-made rare earth magnets from MP Materials’ flagship facility in Fort Worth, Texas and the magnets will be produced using cutting-edge manufacturing ...
MP Materials, which runs the only American rare earths mine, announced a new $500 million agreement with tech giant Apple on ...
The factory will develop a series of neodymium magnet manufacturing lines specifically designed for Apple products.
Amid growing concern over rare earth magnet supply disruption, inter-ministerial consultations are underway for implementing a Rs 1,345 crore incentive scheme for production of these magnets locally.
USA Rare Earth shares climbed after the company said it signed a memorandum of understanding with Moog Electric Motion Solutions to deliver neodymium magnets for its data center cooling pumps.
China's dominance in neodymium magnets poses global challenges, but alternatives and solutions are being explored worldwide.
Rare Earth Magnet Crisis: In response to mounting supply threats from China, India plans to establish domestic production of rare earth magnets through fiscal incentives, aiming for self-reliance ...
USA Rare Earth progresses toward becoming a rare earth mine-to-magnet leader in the US, with new developments in Texas. Learn more on USAR stock here.
Price rises of EVs are not ruled out either if shortages of supplies continue. Rare earth magnets, particularly neodymium-iron-boron (NdFeB) magnets, are vital in EV manufacturing.
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