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Nidec and Noveon Magnetics enter agreement for rare earth magnets
On February 3, Nidec Motor Corp. and Noveon Magnetics announced a 5-year, binding off-take agreement with the potential to supply more than 1,000 tons of total off-take of finished sintered NdFeB rare earth magnets, supporting Nidec's operations across critical industries including automation, industrial, and defense....
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