MP Materials MP commenced commercial production of neodymium-praseodymium (NdPr) metal and trial production of automotive-grade, sintered neodymium-iron-boron (NdFeB) magnets in late 2024 at its ...
For decades, permanent magnets have been one of the least questioned links in the electrification supply chain. Motor makers bought block magnets, designed around them, and accepted a system dominated ...