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IDTechEx: despite efforts to reduces rare-earth use, percentage of permanent magnet-based EV motors rising source:Green Car CongressWhile there has been much publicity and technical development towards rare-earth reduction in vehicle motors, in practice the market is seeing an increase in the number of permanent magnet motors. The new IDTechEx report “Materials for Electric Vehicles 2020-2030” finds that in recent years, there has been an increased shift towards more permanent magnet-based motors: 2019 saw this increase to 82% compared to 79% in 2015.Permanent magnet motors typically have...
Release time: 2020 - 11 - 05
source:MINING.comAfrica-focused Rainbow Rare Earths (LON:RBW) has inked an agreement with Bosveld Phosphates to co-develop the Phalaborwa rare earths project in South Africa.The asset contains about 35 million tonnes of gypsum resulting from historic phosphate hard rock mining, containing rare earth elements (REEs) with an estimated average in situ grade of 0.6% total rare earth oxides (TREOs), the companies said.SIGN UP FOR THE AFRICA, EUROPE & MIDDLE EAST DIGESTAs part of the agreement, Rainbow will pay Bosveld $750,000 in cash and share in three equal tranches over twelve months. O...
Release time: 2020 - 11 - 04
Rare earths: Hitachi Ltd. to sell Hitachi Metals including NdFeB magnet patent and production facilitiesPosted 8th October 2020 in  Industry news.By David MerrimanRare earths — neodymium magnetsHitachi Ltd. has announced its intention to sell the Hitachi Metals business unit, including the company’s Magnetic Materials segment which holds one of the two original patents to produce sintered NdFeB magnets, the other being held by Neo Materials (Magnequench). The business unit has been valued in excess of ¥700Bn (US$6.63Bn), though the final purchase price could exceed this. Whilst Hitachi Lt...
Release time: 2020 - 11 - 03
source:StockheadEuropean electric vehicle sales are expected to triple to about 10 per cent of all vehicles this year and could make up as much as 15 per cent of total market vehicle by 2022 according to a new report by green policy think tank Transport & Environment.That’s good news for the critical minerals sector.This is thanks to the European Union’s emissions standards, which are due to become more stringent next year.From 2021, phased in from 2020, the EU fleet-wide average emission target for new cars will be 95 grams of carbon dioxide per km, which equates to a fuel consumption of ...
Release time: 2020 - 11 - 03
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