Section 232 investigation into the effect of imports of neodymium magnets on U.S. national security the Department of Commerce Bureau of Industry and Security (BIS) issued a Notice of Request for Public Comments (Notice), inviting the public to submit written comments on the initiation of a Section 232 national security investigation to determine the national [...]
A Rare Metal Called Neodymium is in Your Headphones, Cellphone and Electric Cars You may not have heard of neodymium, but you’re probably carrying some of it around with you right now. It’s in your cellphone, your headphones and you might be driving several pounds of it around in your car. Neodymium — pronounced “nee-oh-DIM-ee-um” [...]
Investors Resist Pull of Chinese Rare Earth Magnet Maker JL Mag HONG KONG -- A major Chinese manufacturer of rare earth magnets for electric vehicles, wind power generators and energy-efficient air conditioners made an underwhelming debut on the Hong Kong stock market on Friday despite being a key player in a red-hot sector. JL Mag [...]
Is The United States Considering Launching a Section 232 Investigation into Chinese Neodymium Magnets?
Is The United States Considering Launching a Section 232 Investigation into Chinese Neodymium Magnets? According to information reported by White House officials, the U.S. Treasury Department is considering launching a Section 232 investigation on the grounds of "national security". The object of the investigation is the import of neodymium magnets widely used in electromechanical products, [...]
LG Innotek Develops Eco-friendly Magnet with Enhanced Strength LG Innotek developed high-efficiency, eco-friendly magnets for use in vehicles and smart devices, aiming to advance into a market dominated by Chinese and Japanese manufacturers, the electronic component arm of LG Group said Monday. The company worked jointly with local magnet company Sunglim Group Industry to develop [...]
The World's Strongest "Environmentally Friendly Magnet"? LG Develops New Materials to be used in various digital products According to South Korea's "Dong-A Ilbo", LG Innotek, a subsidiary of LG, said that it has jointly developed an "environmentally friendly magnet" with the world's strongest magnetic force with the magnet specialized company "Sacred Forest Advanced Industries". Heavy [...]
The World’s First Hybrid Vehicle Motor Magnet Free of Heavy Rare Earth Elements Daido Steel and Honda Adopt World’s First Hybrid Vehicle Motor Magnet Free of Heavy Rare Earth Elements – Honda Freed, on sale this fall, will be the first hybrid vehicle to adopt new magnet – Daido Steel Co., Ltd. and Honda Motor [...]