The U.S. Department of Commerce would receive a $50 million equity stake in RTP-based Vulcan Elements, which would produce up to 10,000 metric tons of the material in the next several years.

Claimed that Iron Nitride magnet technology offers a promising alternative to traditional rare-earth-based magnets.

Shares of MP Materials ( MP 7.40%) are up 300% in 2025 as of this writing, and that's after the stock's sharp recent drop from its 52-week high of $100.25 per share it touched on Oct. 14. At its peak, ...

Tokamak Energy, a nuclear fusion firm based at Milton Park, Oxfordshire, has been contracted to provide magnet technology for an undersea propulsion project in the US.