Texas rare-earth magnet maker Noveon Magnetics has raised $215 million from investors as the U.S. pushes to develop domestic sources of a vital electronics component that China, the world’s largest ...

American automotive giant General Motors (GM) has signed a multi-year deal with Noveon Magnetics, the sole manufacturer of rare earth magnets in the United States, to secure a steady supply of these ...

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. American manufacturing is getting a half-billion-dollar boost from Apple. The Cupertino-based iPhone ...

Magnet makers squeezed by export curbs and weak Chinese economy Exports made up as much as 50% for some major magnet makers' sales in 2024 Recovery from export slump may be slow, even with deal to ...

Europe needs to take much more decisive action to slash reliance on Chinese rare earths to avert worse supply disruptions, according to a German magnet maker that’s just started a plant in the US.

(Reuters) -General Motors has entered into a multi-year deal under which Noveon Magnetics will supply rare earth magnets for use in components of the automaker's full-size SUVs and trucks, the magnet ...

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Lynas Rare Earths said on Tuesday it has signed a partnership deal with South Korea’s JS Link to develop a magnet factory in Malaysia. The Australian rare-earths producer will also supply rare-earth ...

Detroit — The venture capital arms of General Motors Co. and Stellantis NV are among investors sinking $33 million into a Minnesota company with technology to make magnets for electric vehicle motors ...