Metal Tech News - The Elements of Innovation Discovered

By Shane Lasley
Metal Tech News 

USA Rare Earth adds magnet equipment

Key element of a mines-to-magnets strategy planned for Texas Metal Tech News Weekly Edition – April 8, 2020

 

Last updated 7/10/2022 at 2:31pm

neodymium iron boron magnet electric vehicle motors wind turbine

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Neodymium-iron-boron magnets are used in electric vehicle motors, wind turbine generators, smartphones, medical imaging devises, and a multitude of defense and aerospace applications. USA Rare Metals' purchase of equipment to produce these powerful magnets is a key piece to the company's U.S.-based mines-to-magnets strategy.

USA Rare Earth LLC has acquired state-of-the-art neodymium-iron-boron permanent magnet manufacturing equipment, another key piece to the company's strategy to establish a complete rare earths mines-to-magnets supply chain in the United States.

New York-based USA Rare Earth has already made major headway toward this objective as the funding and development partner at Round Top, a rare earth and...



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