LG Innotek announced on the 13th that it developed an eco-friendly magnet that strengthens magnetic force while reducing heavy rare earths together with Seonglim Advanced Industry. The product is characterized by reducing the amou…
“As to how effective this amendment will be, it remains to be seen,” she added, because the law is “largely reliant on companies self-reporting their transactions that may trigger a need for prior approval from the regulator,” tho…
Nissan Motor Co and Japan’s Waseda University today announced the start of testing in Japan of a jointly developed recycling process that efficiently recovers high-purity rare-earth compounds from electrified vehicle motor magnets…
The latest magnet material with pricing concerns (Neodymium Price Concerns – June 2021) is Strontium Ferrite. The Strontium Ferrite (SrFe12O19) magnet is the most commonly used magnet material, featuring in switches, electric moto…
Terbium is one of the rarer rare-earth elements. It produces the green color in cell phone displays and is also used in high-efficiency lighting and solid-state devices. However, there are various chemical, environmental, and poli…
Overseas rare earth mines are close to full production, with limited growth in 3-5 years. At present, the main overseas rare earth production areas are the United States, Australia and Myanmar. Among them, the MP mine in the Unite…