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By Eric Onstad LONDON (Reuters) - Canada's Neo Performance Materials announced plans on Wednesday to expand its rare earths operations in Estonia to produce super-strong magnets for electric vehicles (EVs), counting on European Union funding to make it viable.
Global copper smelting activity extended its recovery in October while nickel production edged higher despite sharp falls in China due to a power crunch, data from satellite surveillance showed on Tuesday. Copper smelting in China is ramping up after seasonal maintenance in the third quarter, satellite service SAVANT and broker Marex said in a statement. ...
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Britain could revive domestic production of super strong magnets used in electric vehicles and wind turbines with government support, to cut its reliance on China and achieve vital cuts in carbon emissions, two sources with direct knowledge said.
By Eric Onstad
Britain could revive domestic production of super strong magnets used in electric vehicles and wind turbines with government support, to cut its reliance on China and achieve vital cuts in carbon...