Electric vehicles are gradually becoming one of the largest "consumers" of NdFeB magnet production - mostly for electric motors (although not all types of traction motors utilizes magnets). According ...

The rare earth magnets market is set to surge from USD 21.98 billion in 2025 to USD 30.01 billion by 2030, with a CAGR of 6.4%. This growth is propelled by increasing demand across consumer ...

Japan's Proterial will invest ₹2,250 crore in Andhra Pradesh to establish a rare earth magnet plant, boosting India's local manufacturing and reducing reliance on Chinese imports.

Toyota says it has invented a new magnet for high-energy applications like electric motors that uses a fraction of the amount of neodymium (a rare-earth element) of a standard iron, boron, neodymium ...

Rare earth (RE) magnets have revolutionised the properties and applications of permanent magnets. They offer many advantages, and have drastically increased flux compared to traditional magnets with ...