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Tag: rare earth magnets

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China’s Export Controls on Antimony Cause Supply Shortages

FN Media Group Presents Oilprice.com Market CommentaryNEW YORK, June 23, 2026 /CNW/ -- In 2024, China announced export controls on antimony. It's a metal most...

Neo Announces Voting Results from Annual General & Special Meeting of Shareholders

TORONTO, June 17, 2026 /CNW/ - Neo Performance Materials Inc. ("Neo" or the "Company") (TSX: NEO) (OTCQX: NOPMF) reports, in accordance with the policies of...

Rare Earth Magnets Market to Surge with 6.4% CAGR by 2030, Driven by Consumer Electronics and EV Demand.

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 electronics, wind turbines, and electric vehicles sectors. Known for their exceptional strength, these magnets enable efficient and compact designs crucial for technology advancement. The NdFeB segment, noted for its strong magnetic power, leads growth. Asia Pacific is projected to dominate globally, driven by rapid industrialization and EV demand, particularly in China. Key players include Proterial, TDK, and Neo Performance Materials. 
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 electronics, wind turbines, and electric vehicles sectors. Known for their exceptional strength, these magnets enable efficient and compact designs crucial for technology advancement. The NdFeB segment, noted for its strong magnetic power, leads growth. Asia Pacific is projected to dominate globally, driven by rapid industrialization and EV demand, particularly in China. Key players include Proterial, TDK, and Neo Performance Materials.

ABB SELECTS NOVEON MAGNETICS FOR LONG-TERM AGREEMENT TO SUPPLY U.S.-MADE RARE EARTH MAGNETS

Noveon's EcoFlux™ Magnets Provide High-Performance, American-Made Solutions to Power ABB's North American Operations SAN MARCOS, Texas, Aug. 14, 2025 /PRNewswire/ -- Noveon Magnetics, an operational U.S....

Neo Performance Materials Reports Second Quarter 2025 Results

Neo Raises Full Year Guidance on Strong First Half-Year Performance TORONTO, Aug. 12, 2025 /CNW/ - Neo Performance Materials Inc. ("Neo") (TSX: NEO) (OTCQX: NOPMF) reported...

Antimony Mining Market Experiencing Rapid Growth as a Result of Growing Demand Across Various Sectors

MarketNewsUpdates News Commentary NEW YORK, Aug. 11, 2025 /CNW/ -- Industry insiders say that the global demand for Antimony market is expected to continue growing...

Antimony Mining Market Experiencing Rapid Growth as a Result of Growing Demand Across Various Sectors

MarketNewsUpdates News Commentary NEW YORK, Aug. 11, 2025 /PRNewswire/ -- Industry insiders say that the global demand for Antimony market is expected to continue growing...

Antimony Mining Market Experiencing Rapid Growth as a Result of Growing Demand Across Various Sectors

MarketNewsUpdates News Commentary NEW YORK, Aug. 11, 2025 /PRNewswire/ -- Industry insiders say that the global demand for Antimony market is expected to continue growing...

REGAL REXNORD REPORTS STRONG SECOND QUARTER 2025 FINANCIAL RESULTS

MILWAUKEE, Aug. 5, 2025 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) 2Q Highlights Diluted EPS Of $1.19; Adjusted Diluted EPS* Of $2.48, Up 8.3% Versus PYDaily...

Manufacturing PMI® at 48%; July 2025 Manufacturing ISM® Report On Business®

New Orders and Backlogs Contracting; Production Growing and Employment Contracting; Supplier Deliveries Faster; Raw Materials Inventories Contracting; Customers' Inventories Too Low; Prices Increasing; Exports...

Argus expands critical rare earths coverage for Europe

Argus has added three more price assessments for key rare earths LONDON, July 24, 2025 /PRNewswire/ -- Global energy and commodity price reporting agency Argus...

Media Advisory – Neo Performance Materials Inc. Second Quarter 2025 Earnings Release & Webcast

TORONTO, July 22, 2025 /CNW/ - Neo Performance Materials Inc. ("Neo" or the "Company") (TSX: NEO) (OTCQX: NOPMF) will report its second-quarter results for the period ended...

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