Morning Overview on MSN
New ultra-strong magnets use common elements, ditch rare-earth metals
Permanent magnets sit at the heart of the green economy, from wind turbines and electric vehicles to smartphones and industrial robots. For decades, the strongest versions have depended on rare-earth ...
Vulcan Elements, a Durham-based startup manufacturing rare-earth magnets, says it plans to hire around 1,000 workers at a new $1 billion factory in the town of Benson in Johnston County. Why it ...
TL;DR: Automakers on both sides of the Atlantic are racing to redesign electric powertrains to use fewer rare-earth elements after repeated supply shocks from China. Instead of relying on permanent ...
Weary of being captive to geopolitics, car companies are looking for ways to replace powerful rare-earth magnets in electric motors. BMW is using motors without ...
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