Over the past couple of years, new rare earth plants and initiatives have sprung up as nations across the world look to shift from their dependence on China. Just a few weeks ago, we covered the story of Europe’s first dedicated rare earth facility. Now, another facility is joining the mix to help with the efforts. Continue reading →
The fusion energy industry is on the brink of a revolution, driven by groundbreaking magnet designs that promise to make fusion power a reality. Two key players in this field, Commonwealth Fusion Systems (CFS) and Realta, are leveraging powerful magnetic fields to contain and control plasma, the core component of fusion reactions. Continue reading →
Recently, we have documented changes in the rare earth industry to decrease the global dependency on China. Earlier in the year, we shared that Nissan was even working on its own magnet to do everything in-house and plans for new facilities in North America. This week, we are going across the pond to take a closer look at a landmark rare earth discovery in Europe. Join us as we evaluate what this welcome discovery could mean for consumers and the global supply. Continue reading →
In 2023, in a significant move to advance the decarbonization of transportation in North America, Ara Partners acquired Vacuumschmelze (VAC) from Apollo Global Management. This strategic acquisition underscores Ara Partners' commitment to sustainable solutions, particularly in the burgeoning electric vehicle (EV) market. Continue reading →
In modern military applications, the importance of advanced materials cannot be overstated. One such critical material is the samarium cobalt (SmCo) magnet. Compared to neodymium-iron-boron (NdFeB) magnets, samarium cobalt magnets excel in high-temperature environments and are pivotal in various fields including electronics, electrical machinery, and aerospace. Their superior properties make them indispensable, particularly to achieve superiority in the air. Continue reading →
Rare earth magnets, such as the neodymium and samarium cobalt magnets you’ll find at Apex Magnets, can be incredibly powerful and versatile tools. However, their exceptional strength and magnetic properties require special handling precautions to ensure safety and prevent accidents, especially in industrial applications and environments. Continue reading →
While the emergence of electric cars is far from new in today’s fast-paced, technologically advanced world, the concept of wireless charging still seems like science fiction. Wireless EV charging, currently in the pilot product stage in the US, is already being used by Chinese and South Korean automakers on commercial vehicle fleets. Chosen for their consistent routes and their ability to “doc” in specified overnight parking destinations, commercial vehicles serve as the ideal test subject for researching the larger impact of wireless EV charging for the mainstream population’s use. Continue reading →
Magnetism has intrigued humanity since ancient times. Thales of Miletus (634–546 BC) observed iron's peculiar attraction to a substance now known as lodestone, or magnetite. This naturally occurring magnet, composed of iron oxide (Fe3O4), was discovered in Magnesia, Asia Minor. Early Chinese innovations revealed that a suspended piece of magnetite consistently aligned in a north-south direction, laying the groundwork for the magnetic compass. This fundamental understanding of magnetism eventually evolved into harnessing magnetic forces to generate electrical energy, forming the backbone of modern electricity production. Continue reading →
Car manufacturers are continuing to pivot their long-term goals to emphasize the importance of electric vehicles. Recently, Nissan announced a massive shift in the production of their EVs thanks to the development of new magnets. The results could have a tremendous impact on consumers and set a potential new standard for the industry. Continue reading →
We enjoy hearing about the positive experiences people have with magnets. Recently, we were delighted to see that magnets were making international news thanks to an incredible discovery one New York couple made while magnet fishing. Continue reading →