Posts Tagged: USA Rare Earth

USA Rare Earth acquires permanent magnet manufacturing capability

USA Rare Earth has purchased the neodymium iron boron (NdFeB) permanent magnet manufacturing equipment formerly owned and operated in North Carolina by Hitachi Metals America. Demand for rare earth magnets is being driven by plug-in vehicles (electric motors and batteries), wind generators (direct drive generators), medical devices (personal vital sign monitors and medical imaging machines)… Read more »