On August 13, the Ministry of Heavy Industries received 20 bids under its INR 72.80 billion scheme to set up integrated sintered NdFeB rare‑earth permanent magnet (REPM) plants in India. Technical bids were opened on August 13, 2026. The bidders include 20 Microns, Attero Recycling, Coal India, Larsen & Toubro, Lohum
On August 11, Advanced Electric Machines (AEM) announced that it will present Titan, its heavy-duty electric motor technology, at IAA Transportation 2026. It will present a detailed 3D concept of the new motor. The first samples will arrive in the third quarter of 2027. It is developed specifically for heavy-duty, co
On August 12, the European Commission announced that the new End-of-Life Vehicles (ELV) Regulation enters into force on August 13, 2026. The rule will govern the design, production, collection, and end-of-life treatment of vehicles. It will increase the recovery and reuse of valuable materials. They will also help se
On August 11, YASA launched Project Resilience, a program to develop rare-earth-free and heavy-rare-earth-free axial flux motors for future electric and hybrid vehicles.
Supported by UK Government funding through the DRIVE35 programme, the project will explore two technologies aimed at reducing the use of rare-earth
On August 7, Niron Magnetics announced a commitment from the Department of War's Office of Strategic Capital for a USD 150 million loan with a 20-year term to support construction and equipment for an advanced manufacturing plant in Sartell, Minnesota.
The financing would accelerate domestic production of Niron's pro
POSCO International, the trading arm of South Korea’s POSCO Group, has signed a memorandum of understanding (MOU) with Australian rare earth developer Meteoric Resources to secure stable supplies of rare earth feedstock and build a supply chain. POSCO International plans to procure intermediate rare earth materials p
On July 29, the Ministry of Heavy Industries (MHI) of India extended timelines for the global tender under the scheme to promote manufacturing of sintered rare earth permanent magnet (REPM). The Bid Due Date has been extended from July 29, 2026, to August 12, 2026, while the opening of Technical Bids has been resched
Energy Fuels has started construction on an expansion of its White Mesa Mill in Utah to enable commercial-scale production of heavy rare earth oxides, including terbium and dysprosium, which are essential for permanent magnets used in electric vehicles, robotics, data centers, renewable energy and defense application
On July 27, LOHUM and the Council of Scientific and Industrial Research–Institute of Minerals and Materials (CSIR-IMMT) signed a memorandum of understanding (MoU) to jointly develop technology for producing metallised neodymium-praseodymium, the material at the core of high-performance rare-earth permanent magnets. U
On July 15, the Ministry of Mines launched the eighth tranche of auctions for critical and strategic mineral blocks, offering 20 blocks across nine states as part of India’s push to secure key resources for clean energy and advanced manufacturing. The new tranche includes 13 newly identified blocks and seven blocks r
On July 8, Vimag Labs, a Bengaluru-based deep-tech startup, secured its fifth Indian patent for a rare earth‑free electric motor platform that eliminates permanent magnets from the rotor and uses software-controlled power electronics to generate the magnetic field instead. The patented “Virtual Magnet Synchronous Mot
On July 13, U.S.-based Niron Magnetics, leader in rare-earth-free Iron Nitride permanent magnets, and ASPINA, Japan-based manufacturer of precision motors and actuators, announced an agreement to support rare-earth-free motor solutions across applications including automotive, industrial, consumer and emerging space
On July 8, EMR Group announced that it has joined REACT-UK (Rare Earth Automotive Circular Technologies for UK), which is a GBP 6.5 million project to build a UK supply chain for recycling neodymium-iron-boron (NdFeB) magnets used in electric and hybrid vehicles.
The project is supported by the DRIVE35 programme and
South Korea's Posco Group said it would strengthen its business for strategic resources, including lithium and rare earths for electric vehicle (EV) batteries. The company aims to achieve an annual production capacity of 173,000 tons in the lithium business by 2033 and an operating profit of KRW 1.8 trillion (JPY 198
Reported on June 27, 2026, Thailand’s Foreign Affairs Minister said Thailand is studying potential rare earth mineral imports from Kazakhstan as part of efforts to broaden supply chain options for its electric vehicle (EV) sector.
During discussions with Kazakh officials, Thailand highlighted critical minerals and e
On June 25, AFNIS Insights, the official news and intelligence platform of the African Natural Resources and Energy Investment Summit, announced that Africans for Africa (AFA) Initiative and Steron Mining Company Ltd (Steron) signed a memorandum of understanding (MOU) to accelerate the development of critical mineral
On June 25, the Ministry of Heavy Industries announced that it has extended the bid submission deadline for the global tender under the Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets, from June 29 to July 29, 2026, with technical bid opening rescheduled from June 30 to July 30. The extension
Korea Zinc Co., Ltd. of South Korea announced that it is undertaking six government-supported joint research and development (R&D) projects for strengthening the supply chain of national strategic industries. First, in the field of next-generation energy, the company is working with Ark Energy, its Australian subsidi
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