Rare-earth magnets are essential for electric motors in vehicles, drones, and trains, forming the backbone of modern, environmentally friendly mobility. These are not simple blocks of metal, but ...

A magnet is an important part of devices like smartphones, automobiles, and many more. Most of these magnets are made using rare-earth materials, which are expensive and scarce on the market. Also, ...

India’s foreign ministry recently announced that Indian companies now have licenses to import rare-earth magnets from China. Rare earth magnets, derived from a group of 17 elements that are essential ...

Vulcan Elements, a Durham-based startup manufacturing rare-earth magnets, says it plans to hire around 1,000 workers at a new $1 billion factory in the town of Benson in Johnston County. Why it ...