Latest Magnet Manufacturing News

American Rare Earths has partnered with Novex to tackle the critical oxide-to-metal bottleneck in the US rare earth supply chain, aiming to establish a fully domestic mine-to-magnet value chain from its Halleck Creek Project.

Iondrive Limited has independently confirmed strong rare earth recoveries from U.S. magnet waste and gained Oklahoma government support for its first commercial processing module, advancing its U.S. commercialisation strategy.

Arafura Rare Earths has taken a decisive step forward on its Nolans Project, announcing a Final Investment Decision and securing over A$700 million in cash and term deposits as it prepares to start construction in September 2026.

Vital Metals has confirmed and expanded rare earth and niobium mineralisation at its Tardiff deposit in Canada, with high-grade drill results pushing beyond the existing resource envelope. Anomalous gallium values also emerged, prompting further study.

Australian Strategic Materials (ASM) has announced a revised timetable for its shareholder scheme meetings tied to Energy Fuels’ acquisition, alongside dispatching a supplementary booklet that updates key transaction details including a new expert report. The acquisition now contemplates Energy Fuels’ conditional US$725 million financing and a US$1.9 billion deal to acquire VAC.

Critica Limited’s recent drilling at the Juno satellite deposit within the Brothers Rare Earth Project has revealed multiple shallow, high-grade rare earth intersections across a 45 km2 area, reinforcing the project’s growth potential and metallurgical compatibility with the flagship Jupiter deposit.

Hastings Technology Metals has accelerated its downstream rare earths strategy by progressing a 49% stake in a Thai hydrometallurgical plant, securing feedstock and doubling planned capacity. An updated Yangibana DFS reveals robust economics, underpinning near-term production and cash flow.

Lynas Rare Earths posted a record A$288.9 million in quarterly sales for Q4 FY26, driven by higher prices and heavy rare earth sales. The company advanced its Malaysia heavy rare earth facility despite a cost surge and appointed Pol Le Roux as interim CEO.

Lindian Resources has secured independent validation from ANSTO of a complete hydrometallurgical flowsheet for its Kangankunde monazite concentrate, achieving near-complete NdPr extraction and producing a non-radioactive mixed rare earth carbonate product ready for commercial processing.

Lynas Rare Earths has deepened its footprint in Southeast Asia with a strategic A$50 million investment in JS Link’s new magnet factory in Malaysia, aiming to capture growth in automotive and renewable sectors.

IperionX has bolstered its U.S. critical minerals footprint by acquiring the Camden assets adjacent to its Titan Project, unveiling surface stockpiles with up to 23% Total Heavy Minerals, up to 10 times Titan’s average grade, and established infrastructure that could accelerate domestic supply chains for titanium and rare earths.

Ionic Rare Earths (ASX: IXR) has secured binding agreements to supply critical rare earth oxides to US-based Advanced Magnet Lab, supporting domestic production of permanent magnets for defence applications under a US Defense Logistics Agency contract.