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 ...
GM and Niron have teamed up to pry the EV motor material supply chain away from China. Did you know GM invented the domestic, affordable permanent magnet? Before this neodymium-iron-boron magnet came ...
The Union Cabinet’s approval of a Rs 7,280 crore scheme to promote manufacturing of sintered rare earth permanent magnets (REPM) will help address a crucial missing link in India’s electric vehicle ...
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