magnets

Latest news and articles about magnets from NEX English

Relta Fusion Acquires Magnets from Commonwealth Fusion Systems

Relta Fusion has announced the acquisition of magnets from Commonwealth Fusion Systems, providing a temporary solution to enhance revenues. This move comes as companies seek financial sustainability amid current economic challenges.

U.S. Boosts Magnet Production to Counter China's Rare Earth Dominance

The United States has announced plans to enhance magnet production as part of its efforts to reduce reliance on China, which dominates the rare earth market. This initiative comes amid growing concerns over the U.S. economy's dependence on Chinese resources.