Industry Intelligence
Company news, event announcements, and magnetic industry briefs from AIC Engineering — timely updates on company activity and market information.
Coreless Motors for Dexterous Hands Drive Humanoid Robot Advancements; Industry Outlook Remains Positive
> Republished by AIC Engineering. Copyright belongs to the original author; the original link is provided in the "Sources" section at the end.
Greenland Mines Acquires Sarfartoq Rare Earth Project from Neo Performance Materials for $35M
The US-listed company announced it has agreed to acquire the Sarfartoq project in southwest Greenland from Neo Performance Materials. As a consideration, it will pay a total of 35 m i l l i o n , c o m p r i s i n g 35 million, comprising 35 mi l l i o n , co m p r i s in g 20 million cash and $15 million in newly issued shares. As part of the…
USA Rare Earth to invest $1.2B in South Carolina magnet factory
<figure><div><img src="https://imgproxy.divecdn.com/ZT1OFnje10PIBe94DazYeG1qolzBeYerBYbs9No4nNA/g:ce/rs:fill:1600:900:1/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9HZXR0eUltYWdlcy0yMjAzNzgwMTA1LmpwZw==.webp"/></div></figure><p>The project is expected to create 490 jobs and will…
Ionic Rare Earths, AML partner up to support US permanent magnet supply chain
IonicRE has signed binding sales agreements with Advanced Magnet Lab to supply rare earth oxides. > Republished by AIC Engineering. All rights belong to the original publisher; see Source below.
Energy Fuels Marks Milestones in Production of Domestic Feedstock for Magnets in USA, Plans Expansions
> Republished by AIC Engineering. All rights belong to the original publisher; see Source below.