Nidec and Noveon ink deal to boost US rare earth magnet supply

News
Strategic Partnerships
ATI News Team

The five-year agreement between Nidec and Noveon Magnetics aims to supply over 1,000 metric tons of NdFeB magnets, enhancing US supply chain resilience

Nidec Motor Corp. and Noveon Magnetics have entered into a partnership to reshape the supply chain for rare earth magnets within the US.

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