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Magnets in the News: Revival of rare-earth mining in the United States

Could U.S.-produced NdFeB be next? Rare earth elements, such as cobalt and neodymium, are highly valued in modern, technology-driven societies for their ability to create magnets with unique characteristics. These elements are utilized in a wide variety of consumer and industrial applications from smartphones and televisions to electric cars. Dura magnetics utilizes neodymium-iron-boron (NdFeB) magnets […]

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Recent Developments in Rare Earth Element Supply

Two recent discoveries – one related to the re-use of magnetic materials obtained from discarded computer components, the second a potential new trove of rare earth elements found in deep-sea mud near the coast of Japan, may reshape the magnetic marketplace…

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Magnet Price in a Volatile State: How Cobalt & Neodymium Demand Impacts Magnet Pricing

As global demand for Cobalt and Neodymium continues to rise, magnet manufacturers and fabricators have to deal with a volatile pricing situation. Cobalt and Neodymium are key raw materials used in the manufacturing of rare earth magnets.  As you might guess, Neodymium is an essential component of Neodymium magnets, while Cobalt is an essential component […]

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What Is a Rare Earth Magnet and Do Samarium Cobalt and Neodymium Identify as Such?

There are seventeen rare earth elements– fifteen of which are lanthanides and two of which are transition metals, yttrium and scandium, that are found with lanthanides and are chemically similar. In general, rare earth elements were given their name for two different, yet significant reasons.

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