Noveon Magnetics has entered a multi-year supply agreement with General Motors (GM) to deliver domestically manufactured rare earth magnets for use across a range of GM vehicle platforms, including components essential to electric and hybrid … [Read more...]
Building a reliable US supply chain for rare earth magnets
Nidec Motor Corporation and Noveon Magnetics have announced a five-year off-take agreement to supply more than 1,000 tons of sintered NdFeB rare earth magnets, with deliveries beginning in 2025. This agreement will support Nidec's operations across … [Read more...]