Niron Advanced Materials– tag –
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Market Trends
Honda Invests in Niron Magnetics to Advance Rare-Earth-Free Magnets for EV Powertrains
WardsAuto USA Overview Honda Motor Co. has strategically invested in Minnesota-based Niron Magnetics, a developer of high-performance rare-earth-free magnets utilizing iron nitride. Niron is constructing a 287,000-square-foot manufacturi... -
New Technology
Tesla Unveils Rare-Earth-Free EV Motor ‘Cybercab,’ Achieving 18% Smaller, 25% Lighter Design with Significant Power Density Boost
Electrek USA Overview Tesla has unveiled its new rare-earth-free EV motor, the 'Cybercab motor.' This motor is claimed to significantly improve power density and efficiency, while also being 18% smaller and 25% lighter than other high-pe... -
Market Trends
Niron Magnetics Breaks Ground on Rare-Earth-Free Permanent Magnet Manufacturing Facility, Honda Invests for EV Systems Adoption
PR Newswire USA Overview Niron Magnetics, aiming to commercialize high-performance rare-earth-free permanent magnets, celebrated the steel raising of its manufacturing facility under construction in Sartell, Minnesota. Concurrently, Hond... -
Market Trends
Rare-Earth-Free Motor Technologies Achieve Commercial Milestones: Niron Partners with ASPINA, MAHLE Unveils 370 kW Truck E-Axle, AEM Secures $21M
Adamas Intelligence Canada Overview Niron, MAHLE, and Advanced Electric Machines (AEM) are spearheading the commercialization of rare-earth-free motor technologies with significant recent advancements. Niron signed a motor-platform deal ... -
New Technology
Niron Magnetics Secures $150 Million Loan for First Rare-Earth-Free Magnet Plant; Materials Nexus Leverages AI for Rapid Discovery of New Magnet
Facebook (Mining Weekly) USA Overview Niron Magnetics has secured a $150 million loan to construct its first manufacturing plant for high-performance rare-earth-free magnets, addressing critical demand in EV, wind turbine, and robotics s... -
Market Trends
U.S. Department of War Commits $150 Million Loan to Niron Magnetics to Accelerate Domestic Rare Earth-Free Magnet Production
Department of War USA Overview The U.S. Department of War's Office of Strategic Capital (OSC) has signed a conditional loan commitment of $150 million with Niron Magnetics. This funding is designated for the construction of Niron's first... -
Market Trends
Niron Magnetics Secures $150M Federal Loan to Build Rare-Earth-Free Magnet Plant in Sartell, Minnesota
Facebook (Niron Magnetics, eVAC Magnetics) USA Overview Minnesota-based Niron Magnetics has received a conditional federal loan commitment of up to $150 million to construct a rare-earth-free permanent magnet manufacturing plant in Sarte... -
New Technology
Niron Magnetics Commences Commercial Shipments of First High-Performance Rare-Earth-Free Permanent Magnets
Rare Earth Exchanges Podcast USA Overview Niron Magnetics has successfully begun commercial shipments of the first high-performance rare-earth-free permanent magnets, based on iron nitride technology. This marks the first new permanent m... -
Market Trends
Niron Magnetics Begins Commercial Shipment of Rare Earth-Free ‘Clean Magnets,’ Targeting EV Motors and Wind Turbines
Niron Magnetics (YouTube) USA Overview Niron Magnetics has announced it is now manufacturing and shipping rare earth-free permanent magnets made from iron and nitrogen. This 'clean magnet' technology aims to serve sectors heavily reliant... -
Market Trends
Rare Earth-Free Magnet Development Accelerates: Niron Magnetics Targets 1,500 Tons/Year by 2028 Amid Push to Diversify Supply Chains from China
TrendForce Taiwan Overview Global efforts to develop rare earth-free magnets and diversify supply chains are intensifying due to China's tighter export controls. Niron Magnetics aims to produce 1,500 tons of iron-nitrogen based rare eart...
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