The U.S. government is offering companies $24 million to prototype and test projects that retrieve rare earth critical ...

NAGOYA -- Daido Steel has decided to build a neodymium magnet factory in the U.S. to meet growing demand from automakers there for motors used in hybrid and electric vehicles.

Daido Steel and Honda Motor claim to be the world's first companies to achieve practical application of a hot deformed neodymium magnet containing no heavy rare earth yet with high heat resistance ...

Two researchers who independently developed the neodymium magnet — used in everything from hard disk drives to automobiles — have been awarded the 44th Honda Prize. In 1982, two researchers working ...

It's not surprising that the powertrains of electric cars differ quite a bit from traditional internal-combustion engines. Although they have fewer moving parts, the rare-earth magnets that help power ...

Mayfair, London, March 09, 2026 (GLOBE NEWSWIRE) -- The rare earth metals market is becoming strategic as global industries transition toward electrification, renewable energy systems and advanced ...

Traditional iron magnets have been used in consumer products for hundreds of years, but they do have some limitations in terms of magnetic power and adaptability. In the 1980s, scientists used 17 rare ...

NAGOYA -- Daido Steel has decided to build a neodymium magnet factory in the U.S. to meet growing demand from automakers there for motors used in hybrid and electric vehicles.