LKAB Invests in Raw Material Recycling and Climate-Friendly Steel Production
Swedish mining company applies to build two plants.
LKAB Invests in Raw Material Recycling and Climate-Friendly Steel Production
Economy
Aixtron: 100 Million Euros for Further Semiconductor Development
Aixtron: 100 Million Euros for Further Semiconductor Development
Company from North Rhine-Westphalia invests in product development, including gallium nitride semiconductors.
Canada: Ready to Increase Cooperation on Critical Minerals with South Korea
Canada: Ready to Increase Cooperation on Critical Minerals with South Korea
Canadian Prime Minister Justin Trudeau addressed the South Korean parliament and will hold a summit with South Korean President Yoon Suk Yeol later this Wednesday. Canada and South Korea could form mutually beneficial trade relations considering the vast natural resources of the North American country and the semiconductor expertise of the East Asian nation.
Mkango Subsidiary to Acquire Rare Earth Magnet Recycling Pioneer
Mkango Subsidiary to Acquire Rare Earth Magnet Recycling Pioneer
Maginito will increase ownership in HyProMag from 42 percent to 100 percent.
Australian Strategic Metals Sells Rare Earth Alloys to the USA
Australian Strategic Metals Sells Rare Earth Alloys to the USA
The Australian company has signed an agreement with the US company Noveon Magnetics. Processing of the alloy will take place in South Korea.
Neo Performance Materials Reports Sales Decline
Neo Performance Materials Reports Sales Decline
Neo Performance Materials has reported figures for the first quarter of 2023. The Canadian company, which specializes in the production of metal alloys and rare earth magnets, reported an operating loss of $4 million from January through March. However, the company reports positive developments in the expansion of its rare earth sector.