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, ...

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 ...

Permanent magnets sit at the heart of the green economy, from wind turbines and electric vehicles to smartphones and industrial robots. For decades, the strongest versions have depended on rare-earth ...

TL;DR: Automakers on both sides of the Atlantic are racing to redesign electric powertrains to use fewer rare-earth elements after repeated supply shocks from China. Instead of relying on permanent ...

Vulcan Elements, a Durham-based startup manufacturing rare-earth magnets, says it plans to hire around 1,000 workers at a new $1 billion factory in the town of Benson in Johnston County. Why it ...

SUMTER COUNTY, S.C. — Less than two years after breaking ground, eVAC Magnetics turned a soybean field into a manufacturing facility and has shipped its first rare-earth permanent magnets for ...

MP Materials has chosen Northlake, Texas, for its $1.25 billion rare earth magnet factory as the U.S. rushes to secure domestic supplies of critical minerals.

Vulcan Elements, a North Carolina startup determined to revitalize U.S. production of rare earth magnets, has chosen Johnston County as the site of its first major factory. The N.C. Department of ...