Noveon Magnetics and Solvay announced the execution of a supply agreement for light and heavy rare earth materials, which are critical for high-efficiency electric vehicle (EV) traction motors and other electrified systems. Under the agreement, … [Read more...]
Rare earths and EVs — it’s not about batteries
Rare earths play an important part in the sustainability of electric vehicles (EVs). While there are sustainability challenges related to EV batteries, rare earths are not used in lithium-ion batteries. They are necessary for the magnets that form … [Read more...]