Rare Earth Elements– 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... -
New Technology
TDK Unveils Rare-Earth-Free High-Performance Permanent Magnet Prototype for EV Motors, Reducing Costs and Supply Chain Risks
TDK Corporation Press Release Japan Overview TDK Corporation has announced a prototype of a high-performance permanent magnet for electric vehicle (EV) motors that does not use rare-earth elements. This new magnet, based on an improved M... -
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
Ucore Rare Metals Successfully Produces 99.5% NdPr from Multiple Feedstocks with Flexible RapidSX™ Technology
Ucore Rare Metals Inc. (Press Release) Canada Overview Ucore Rare Metals Inc. announced the successful production of 99.5% pure neodymium and praseodymium (NdPr) from two distinct feedstock sources (ionic clay and bastnaesite) at its Com... -
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
UK’s YASA Secures Government Funding for ‘Project Resilience’ to Develop Rare-Earth-Free Axial Flux Motors
Autocar Professional Bureau UK Overview YASA has secured UK government funding for "Project Resilience," a program to develop rare-earth-free and heavy-rare-earth-free axial flux electric motor technologies. This initiative aims to reduc... -
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
India’s Vimag Labs Secures Fifth Patent for Rare Earth-Free EV Motor, Advancing “VMSM” Technology to Counter China’s Dominance
newmobility.news, motorindia India Overview Indian startup Vimag Labs has obtained its fifth patent for rare earth-free electric motor technology, aiming to reduce dependence on China for EV motor components. Their "Virtual Magnet Synchr...