At a laboratory inside a Google data center in Mayes County,Oklahoma, researchers spent the fall of 2019 disassembling old hard disk drives by hand in order to extract a 2-inch-longcomponent known as the magnet assembly. Consistin…
The electric motors that power today's EVs rely on permanent magnets made using rare-earth metals such as neodymium. Rare earths are the 15 elements whose atomic numbers run from 57 to 71, plus yttrium and scandium. They are silve…
Korean PEF investment in Australian mine-to-metal company to help Korean industry diversify supply of critical metals. A consortium of three Korean private equity firms (PEFs) signed a framework agreement with Australian Strategic…
As miners seek to expand the rare earths sector, projects are popping up across the globe, now including Tanzania. A fast-growing staple of the green energy revolution, rare earth elements are used to produce electric magnets foun…
According to the new energy development plan, the global wind power installed capacity is expected to maintain a steady growth on the basis of 30GW, with a compound annual growth rate of about 5%-8%. It is estimated that by 2025, …
At present, the traditional automobile field is still the largest consumption direction of NdFeB permanent magnets, accounting for about 30%, which is down from the level of more than 35% in 2017-2018, mainly because the global au…