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source:RIDE by Kelley Blue BookMost electric motors use rare earth magnets, which are not only expensive but require environmentally-damaging mining practices to produce. Advanced Electric Machines (AEM), a company formed for the singular purpose of redefining automotive and aerospace propulsion, recently won the coveted, Collaborate To Innovate award in the automotive sector for its new High Density Switched Reluctance Motor, or HDSRM, which doesn’t use magnets or copper.DC Electric motors use rare earth magnets, the construction of which is bad for the environment.They also require copper wi...
Release time: 2019 - 11 - 20
source:SMM - Shanghai Metals Market (press release)SHANGHAI, Nov 18 (SMM) – Prices of dysprosium oxide across Chinese markets rose 30,000 yuan/mt last week to 1.55-1.57 million yuan/mt, as demand slightly recovered.This came despite an easing in tightness in raw material supply following the recovery of imports of mixed rare earth carbonate ore from Myanmar, as recyclers and traders controlled limited supply and major producers held their offers firm.Eased supply concerns and weak demand knocked prices of dysprosium oxide to the lowest in about six months at 1.5-1.53 million yuan/mt in early N...
Release time: 2019 - 11 - 19
source:Nikkei Asian ReviewTOKYO -- Japan will deploy an autonomous underwater vehicle as early as next year as part of a government-backed search for industrially vital rare-earth elements, in what officials describe as the world's first survey of its kind.The vehicle, developed by the U.S.-based Woods Hole Oceanographic Institution, will bounce ultrasound waves off the seabed 6,000 meters below the Pacific Ocean east of Japan.Underwater surveys hold the potential to cover a wider area of the ocean floor than conventional sampling methods, which search point by point from surface ships. This l...
Release time: 2019 - 11 - 18
source:Argus MediaAustralian rare earth mining projects will become eligible for financial support, including low-interest loans, from the A$4.4bn ($3bn) Defence Export Facility, which was set up last year to support the defence industry. The government will also set up a dedicated office to support Australian companies trying to secure investment for critical mineral projects.Federal resources minister Matt Canavan will fly to Washington today for a series of meetings with senior US government officials. An escalation of trade tensions between the US and China has focused attention on the lac...
Release time: 2019 - 11 - 15
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