On November 10, 2025, Lohum Cleantech inaugurated India’s first integrated rare earth element (REE) magnet production facility in Uttar Pradesh, with an investment of INR 5 billion and a production capacity of 2,000 metric tonnes.
India’s demand for rare earth magnets stands at 4,000 tonnes in 2025 and is expected t
On November 6, the President of the Republic of Uzbekistan signed several documents with the US Secretary of Commerce. They signed an agreement on cooperation in the production of rare earth elements between the Ministry of Geology and Denali Exploration Group.
They also signed an agreement on cooperation in the imp
On November 4, Modal Motors announced it has closed the first tranche of a USD 2 million seed funding round to support manufacturing of its electric motors at facilities in Michigan. The company makes non-rare-earth hub motors, drone propulsion systems and robotic actuators.
The funding will enable Modal Motors to mo
On November 1, Whitehouse.gov. announced the details of accords reached in the summit between President Donald Trump and President Xi Jinping on October 30, in their first face-to-face meeting of Trump’s second term, that will serve to tamp down stresses placed upon the global trading system by the two world superpow
In an investor update for FY 2026 Q2, TVS Motor Company highlighted a persistent supply chain challenge in its electric vehicle business, stressing that global shortages of EV motor magnets are limiting growth for models like the iQube and new product launches. It addressed the industry-wide bottleneck, stating that
On October 30, multiple sources reported that the spokesperson of the Ministry of External Affairs, in a press conference, stated that some Indian companies have received licences for importing rare earth magnets from China.
The sources reported that DE Diamond, Hitachi, Continental India, and Jay Ushin received an i
On October 30, FEV partnered with the Teaching and Research Area Mechatronics in Mobile Propulsion (MMP) at RWTH Aachen University to develop a modular concept for electric drive units.
They have developed new concept that uses a design with a common stator, housing, cooling system, and converter, with interchangeab
On October 22, Pensana Plc signed memorandum of understanding (MoU) with Vacuumschmelze GmbH & Co. KG (VAC), a leading manufacturer of advanced magnetic solutions, rare-earth permanent magnets, and inductive components.
VAC, through its eVAC Magnetics facility in South Carolina (eVAC), is strengthening domestic rare-
Nexperia was created in 2017 when NXP sold its Standard Products division to two Chinese investor Groups, JAC Capital and Wise Road Capital, for $2.75 billion. Towards the end of 2019, a Chinese electronics and computer equipment producer called Wingtech Technology acquired a controlling stake in Nexperia for $3.6 bi
On October 27, 2025, Thailand signed a memorandum of understanding (MoU) with the United States on critical minerals during the 47th ASEAN Summit in Kuala Lumpur. Members of the Democrat and People’s Parties warned of potential risks.
The Democrat Party deputy leader said rare earths like tungsten and tin are vital f
Announced on October 29, 2025, Lynas Rare Earths will invest MYR 500 million (AUD 180 million) to build a new Heavy Rare Earth (HRE) separation facility at Lynas Malaysia, addressing growing global demand for reliable supply beyond China.
The expansion reinforces Lynas’ position as the only commercial producer of bot
On October 27, 2025, U.S. President Donald Trump and Japanese Prime Minister Sanae Takaichi signed a framework agreement to secure the supply of critical minerals and rare earths for both countries. The agreement was signed at the Akasaka Palace in Tokyo during President Trump’s visit to Japan.
According to the agre
On October 27, Sona BLW Precision Forgings Ltd. (Sona Comstar) announced it has developed, tested, and validated rare-earth-free ferrite-assisted synchronous reluctance motors (FeSynRM) specifically for electric three-wheelers and light commercial vehicles. These motors do not use rare earth magnets and are designed
On October 25, the President of the European Commission, at the 2025 Berlin Global Dialogue, stated that the EU will boost investment in strategic projects for the production and processing of critical raw materials in Europe. The EU will also speed up work on critical raw materials partnerships with countries like U
On October 21, Enedym Inc., a Canadian technology company that develops next generation switched reluctance motors (SRMs), electric powertrains, and powertrain controls, today an investment from Honda Xcelerator Ventures. The new investment will be used to accelerate Enedym’s patented motor technology development and
On October 16, Niron Magnetics announced a project in collaboration with Stellantis to develop a new generation of electric motor designs for automotive use using magnets free of rare-earth elements. Niron’s breakthrough Iron Nitride magnets are made from abundant iron and atmospheric nitrogen, available in the U.S.
On October 14, Niron Magnetics, pioneering the world’s first high-performance, rare-earth-free permanent magnets made from Iron Nitride, and the Greater St. Cloud Development Corporation (GSDC) in Minnesota, announced a partnership to highlight the project’s regional economic impact. This follows the recent groundbre
On October 14, Chara Technologies raised INR 520 million in a Series A funding round led by Arkam Ventures, with participation from Exfinity Venture Partners, Kalaari Capital, and IIMA Ventures. The capital will be used to scale production of rare-earth-free electric motors, expand Bengaluru-based R&D and manufacturi
Japan
USA
Mexico
Germany
China (Shanghai) China (Shenzhen)
Thailand
India
Keyword/Image Search
AI Navigator
login
+81-3-4241-3907
