MINNEAPOLIS--(BUSINESS WIRE)--Niron Magnetics, the world’s only producer of powerful rare-earth-free permanent magnets, today announced the grand opening of its commercial pilot plant in Minneapolis. The first-of-its-kind facility produces a sustainable alternative to rare earth permanent magnets that are critical inputs to a wide variety of technologies and industries including electric vehicles, wind energy, and consumer electronics. Today, approximately 90% of all powerful permanent magnets...
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