Austin, Dec. 12, 2024 (GLOBE NEWSWIRE) -- The SNS Insider report indicates that, "The permanent magnet market is projected to reach USD 51.01 billion by 2032, reflecting a compound annual growth rate ...

The electric vehicle (EV) magnet market is projected to surge from USD 5.3 billion in 2025 to USD 9.5 billion by 2030, driven by the global shift to electric vehicles, government incentives, and ...

China has implemented new export controls for rare earth minerals and magnets. The changes could upend the shift to electric vehicles. China has implemented new export controls for rare earth minerals ...

Rare-earth magnets are essential for electric motors in vehicles, drones, and trains, forming the backbone of modern, environmentally friendly mobility. These are not simple blocks of metal, but ...

High-power magnets undergird an enormous amount of modern society. From high-end audio speakers to electric vehicles, wind turbines, and fighter jets, they are a vital component in much of the ...

Electric motors are everywhere—from the cars we drive to the appliances in our homes—but most rely on rare earth magnets that come with high costs and environmental challenges. A new wave of ...

General Motors has been granted a patent for a method to create a three-dimensional part with localized magnetic properties. The process involves forming a part with a cavity, inserting a permanent ...

JL Mag Rare Earth Co., the world’s biggest producer of magnets made from the critical minerals, said profit surged in the first half as sales boomed in growth markets including electric vehicles and ...