A magnet is an important part of devices like smartphones, automobiles, and many more. Most of these magnets are made using rare-earth materials, which are expensive and scarce on the market. Also, ...
The Trump administration brokered an unusual deal with a U.S. mining, refining and magnet company as part of a plan to diminish America's reliance on China for rare earths.
Bengaluru-based Vimag Labs is building virtual magnet motors that remove the need for rare-earth permanent magnets, reducing exposure to China-dominated supply chains Instead of physical magnets, ...
About a decade after he bought a shuttered rare earths mine that was, literally, partially underwater, MP Materials CEO James Litinsky has transformed his business into a pivotal player in America’s ...
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